Common use of Period of Exercise Clause in Contracts

Period of Exercise. Subject to the provisions of the Plan and this Agreement, the Participant may exercise all or any part of the Vested Portion of the Option at any time prior to the earliest to occur of: (i) the tenth anniversary of the Date of Grant; (ii) six months following the date of the Participant's termination of employment as a result of death or Disability; (iii) ninety days following the date of the Participant's termination of employment by the Company without Cause (other than as a result of death or Disability) or by the Participant for Good Reason; and (iv) the date of the Participant's termination of employment by the Company for Cause or by the Participant without Good Reason. For purposes of this Agreement:

Appears in 5 contracts

Sources: Subscription and Tender Agreement (Vestar Sheridan Inc), Subscription and Tender Agreement (Vestar Sheridan Inc), Subscription and Tender Agreement (Vestar Sheridan Inc)

Period of Exercise. Subject to the provisions of the Plan and this Agreement, the Participant may exercise all or any part of the Vested Portion of the Option at any time prior to the earliest to occur of: (i1) the tenth seventh anniversary of the Date of Grant; (ii2) six months one year following the date of the Participant's ’s termination of employment as a result of Employment due to death or Disability; (iii3) ninety 180 days following the date of the Participant's ’s termination of employment Employment by the Company without Cause (other than as a result of death or Disability) “Cause” or by the Participant for Good Reason”; (4) 60 days following the date of the Participant’s termination of Employment by the Participant without “Good Reason”; and (iv5) the date of the Participant's ’s termination of employment Employment by the Company for Cause or by the Participant without Good Reason. “Cause.” For purposes of this Agreement:

Appears in 5 contracts

Sources: Non Qualified Stock Option Agreement (IPC Systems Holdings Corp.), Non Qualified Stock Option Agreement (IPC Systems Holdings Corp.), Non Qualified Stock Option Agreement (IPC Systems Holdings Corp.)

Period of Exercise. Subject to the provisions of the Plan and this Agreement, the Participant may exercise all or any part of the Vested Portion of the Option at any time prior to the earliest to occur of: (i) the tenth anniversary of the Date of Grantdate hereof; (ii) six months following the date of the Participant's termination of employment as a result of death or Disability; (iii) ninety days following the date of the Participant's termination of employment by the Company without Cause (other than as a result of death or Disability) ), or by the Participant for Good ReasonReason or as a result of death, Disability or Retirement; (iii) a Sale of the Company; and (iv) the date of the Participant's termination of employment by the Company for Cause or by the Participant without Good Reason. For purposes of this Agreement:.

Appears in 5 contracts

Sources: Stock Option Award Agreement (Michael Foods Inc/New), Stock Option Award Agreement (Michael Foods Inc/New), Stock Option Award Agreement (Michael Foods Inc/New)

Period of Exercise. Subject to the provisions of the Plan and this Agreement, the Participant may exercise all or any part of the Vested Portion of the Option at any time prior to the earliest to occur of: (i) the tenth anniversary of the Date of Grant; (ii) six months one year following the date of the Participant's ’s termination of employment as a result of Employment due to death or Disability; (iii) ninety days three months following the date of the Participant's ’s termination of employment Employment by the Company without Cause (other than as a result of death or Disability) or by the Participant for Good Reason; and (iv) the date of the Participant's ’s termination of employment Employment by the Company for Cause or by the Participant without for any reason or by the Participant for Good Reason. For purposes of this Agreement:, death or Disability.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Graham Packaging Co Inc.)

Period of Exercise. Subject to the provisions of the Plan and this Agreement, the Participant may exercise all or any part of the Vested Portion of the Option at any time prior to the earliest to occur of: (i) the tenth anniversary of the Date of GrantGrant Date; (ii) six months following the date of the Participant's ’s termination of employment as a result of death or Disability; (iii) ninety days following the date of the Participant's ’s termination of employment by the Company without Cause (other than as a result of death or Disability) or by the Participant for Good Reason; and (iv) the date of the Participant's ’s termination of employment by the Company for Cause or by the Participant without Good Reason. For purposes of this Agreement:

Appears in 1 contract

Sources: Time Option Agreement (St John Knits International Inc)

Period of Exercise. Subject to the provisions of the Plan and this Agreement, the Participant may exercise all or any part of the Vested Portion of the Option at any time prior to the earliest to occur of: (i) the tenth anniversary of the Date of Grant; (ii) six months following the first anniversary of the date of the Participant's termination of employment as a result of Employment due to death or Disability;, (iii) ninety 90 days following the date of the Participant's termination of employment Employment by the Company and its Affiliates without Cause (other than as a result of due to the Participant's death or Disability) or by due to the Participant for Good ReasonParticipant's resignation; and (iv) the date of the Participant's termination of employment Employment by the Company and its Affiliates for Cause or by the Participant without Good Reason. For purposes of this Agreement:Cause.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Cooper-Standard Holdings Inc.)

Period of Exercise. Subject to the provisions of the Plan and this Agreement, the Participant may exercise all or any part of the Vested Portion of the Option at any time prior to the earliest to occur of: (i) the tenth anniversary of the Date of Grantdate hereof; (ii) six months following the date of the Participant's termination of employment as a result of death or Disability; (iii) ninety days following the date of the Participant's termination of employment by the Company without Cause (other than as a result of death or Disability) ), or by the Participant for Good Reason; andReason or as a result of death, or Disability; (iii) a Sale of the Company; (iv) the date of the Participant's termination of employment by the Company for Cause or by the Participant without Good Reason. For purposes ; and (v) ninety days after the Participants 65/th/ birthday in the event of this Agreement:termination due to the Retirement of the Participant.

Appears in 1 contract

Sources: Stock Option Award Agreement (Michael Foods Inc/New)

Period of Exercise. Subject to the provisions of the Plan and this Agreement, the Participant may exercise all or any part of the Vested Portion of the Option at any time prior to the earliest to occur of: (i) the tenth seventh anniversary of the Date of Grant; (ii) six months one year following the date of the Participant's ’s termination of employment as a result of Employment due to death or Disability; (iii) ninety days three months following the date of the Participant's ’s termination of employment Employment by the Company without Cause (other than as a result of death or Disability) or by the Participant for Good Reasongood reason (as defined above); and (iv) the date of the Participant's ’s termination of employment Employment by the Company for Cause or by the Participant without Good Reason. For purposes of this Agreement:for any reason or by the Participant for good reason (as defined above), death or Disability.

Appears in 1 contract

Sources: Option Award Agreement (Quigley Corp)

Period of Exercise. Subject to the provisions of the Plan and this Agreement, the Participant may exercise all or any part of the Vested Portion of the Option at any time prior to the earliest to occur of: (i) the tenth seventh anniversary of the Date of Grant; (ii) six months one year following the date of the Participant's ’s termination of employment as a result of Employment due to death or Disability; (iii) ninety days three months following the date of the Participant's ’s termination of employment Employment by the Company without Cause (other than as a result of death or Disability) or by the Participant for Good Reasongood reason (as defined above); and (iv) the date of the Participant's ’s termination of employment Employment by the Company for Cause or by the Participant without Good Reason. For purposes of this Agreement:for any reason.

Appears in 1 contract

Sources: Option Award Agreement (ProPhase Labs, Inc.)

Period of Exercise. Subject to the provisions of the Plan and this Agreement, the Participant may exercise all or any part of the Vested Portion of the Option at any time prior to the earliest to occur of: (i) the tenth anniversary of the Date of GrantClosing Date; (ii) six months following the date of the Participant's termination of employment as a result of death or Disability; (iii) ninety days following the date of the Participant's termination of employment by the Company without Cause (other than as a result of death or Disability) ), or by the Participant for Good ReasonReason or as a result of death, Disability or Retirement; (iii) a Sale of the Company; and (iv) the date of the Participant's termination of employment by the Company for Cause or by the Participant without Good Reason. For purposes of this Agreement:.

Appears in 1 contract

Sources: Stock Option Award Agreement (Mg Waldbaum Co)