Period of Option and Conditions of Exercise. 3.1 The terms of this Option Agreement shall commence on the Date of Grant and terminate at the Expiration Date, or at the time at which the Option expires pursuant to the terms of the ESOP or pursuant to this Option Agreement. 3.2 Options may be exercised only to purchase whole Shares, and in no case may a fraction of a Share be purchased. If any fractional Share would be deliverable upon exercise, such fraction shall be rounded up one-half or less, or otherwise rounded down, to the nearest whole number.
Appears in 5 contracts
Sources: Stock Option Agreement (OphthaliX, Inc.), Stock Option Agreement (OphthaliX, Inc.), Stock Option Agreement (OphthaliX, Inc.)
Period of Option and Conditions of Exercise. 3.1 The terms of this Option Agreement shall commence on the Date of Grant and terminate at the Expiration Date, or at the time at which the Option expires pursuant to the terms of the ESOP Plan or pursuant to this Option Agreement.
3.2 Options may be exercised only to purchase whole Shares, and in no case may a fraction of a Share be purchased. If any fractional Share would be deliverable upon exercise, such fraction shall be rounded up one-half or less, or otherwise rounded down, to the nearest whole number.
Appears in 3 contracts
Sources: Employment Agreement (WhiteSmoke, Inc.), Employment Agreement (WhiteSmoke, Inc.), Employment Agreement (WhiteSmoke, Inc.)
Period of Option and Conditions of Exercise. 3.1 The terms of this Option Agreement shall commence on the Date of Grant and terminate at the Expiration DateDate as set out on Exhibit A, or at the time at which the Option expires pursuant to the terms of the ESOP ISOP or pursuant to this Option Agreement.
3.2 Options may be exercised only to purchase whole Shares, and in no case may a fraction of a Share be purchased. If any fractional Share would be deliverable upon exercise, such fraction shall be rounded up one-half or less, or otherwise rounded down, to the nearest whole number.
Appears in 3 contracts
Sources: Stock Option Agreement (Pluristem Therapeutics Inc), Stock Option Agreement (Oramed Pharmaceuticals Inc.), Stock Option Agreement (Source Petroleum Inc.)
Period of Option and Conditions of Exercise. 3.1 The terms term of this Option Agreement shall commence on the Date of Grant and terminate at the Expiration Date, or at the time at which the Option expires pursuant to the terms of the ESOP Plan or pursuant to this Option Agreement.
3.2 Options may be exercised only to purchase whole Shares, and in no case may a fraction of a Share be purchased. If any fractional Share would be deliverable upon exercise, such fraction shall be rounded up one-half or less, or otherwise rounded down, to the nearest whole number.
Appears in 1 contract
Sources: Israeli Capital Gain Approved Option Agreement (Painreform Ltd.)
Period of Option and Conditions of Exercise. 3.1 The terms of this Option Agreement shall commence on the Date of Grant and terminate at the Expiration Date, or at the time at which the Option expires or otherwise terminates pursuant to the terms of the ESOP ISOP or pursuant to this Option Agreement.. β
3.2 Options may be exercised only to purchase whole Shares, and in no case may a fraction of a Share be purchased. If any fractional Share would be deliverable upon exercise, such fraction shall be rounded up one-half or less, or otherwise rounded down, to the nearest whole number.. β
Appears in 1 contract
Sources: Option Agreement (Lemonade, Inc.)
Period of Option and Conditions of Exercise. 3.1 The terms of this Option Agreement shall commence on the Date of Grant and terminate at the Expiration Date, or at the time at which the Option expires or otherwise terminates pursuant to the terms of the ESOP ISOP or pursuant to this Option Agreement.
3.2 Options may be exercised only to purchase whole Shares, and in no case may a fraction of a Share be purchased. If any fractional Share would be deliverable upon exercise, such fraction shall be rounded up one-half or less, or otherwise rounded down, to the nearest whole number.
Appears in 1 contract
Sources: Option Agreement (Lemonade, Inc.)
Period of Option and Conditions of Exercise. 3.1 The terms of this Option Agreement shall commence on the Date of Grant and terminate at the Expiration Date, or at the time at which the Option expires pursuant to the terms of the ESOP or pursuant to this Option Agreement.
3.2 Options may be exercised only to purchase whole Shares, and in no case may a fraction of a Share be purchased. If any fractional Share would be deliverable upon exercise, such fraction shall be rounded up one-half or less, or otherwise rounded down, to the nearest whole number.
Appears in 1 contract
Sources: Option Agreement (Zone 4 Play Inc)
Period of Option and Conditions of Exercise. 3.1 The terms of this Option Agreement shall commence on the Date of Grant and terminate at the Expiration DateDate as set out on Exhibit A, or at the time at which the Option expires pursuant to the terms of the ESOP Plan or pursuant to this Option Agreement.
3.2 Options may be exercised only to purchase whole Shares, and in no case may a fraction of a Share be purchased. If any fractional Share would be deliverable upon exercise, such fraction shall be rounded up one-half or less, or otherwise rounded down, to the nearest whole number.
Appears in 1 contract
Sources: Stock Option Agreement (Pluristem Therapeutics Inc)
Period of Option and Conditions of Exercise. D/ BIP/805517.1
3.1 The terms of this Option Agreement shall commence on the Date of Grant and terminate at the Expiration DateDate as set out on Exhibit A, or at the time at which the Option expires pursuant to the terms of the ESOP ISOP or pursuant to this Option Agreement.
3.2 Options may be exercised only to purchase whole Shares, and in no case may a fraction of a Share be purchased. If any fractional Share would be deliverable upon exercise, such fraction shall be rounded up one-half or less, or otherwise rounded down, to the nearest whole number.
Appears in 1 contract
Sources: Stock Option Agreement (Pluristem Life Systems Inc)