Common use of Period of Option and Conditions of Exercise Clause in Contracts

Period of Option and Conditions of Exercise. 3.1 The term of this Option Agreement shall commence on the date hereof (the "Date of Grant") and terminate on the Expiration Date (as defined in Section 6 below), or at the time at which all of the Options have expired or been terminated pursuant to the terms of the Option Plan or pursuant to this Option Agreement. 3.2 The Options may be exercised by the Optionee in whole at any time or in part from time to time, as determined by the Board, and to the extent that the Options become vested in accordance with section 4 of Exhibit B , prior to the Expiration Date, and provided that, subject to the provisions of Section 3.4 below, the Optionee is an employee of the Company or a Subsidiary of the Company or a company or a Parent or a subsidiary company of such company issuing or assuming the Options in a transaction described in section 7.1 of the Agreement ( the foregoing collectively, the "Group" ), or continuing to provide services to the Group, at all times during the period beginning with the granting of the Option and ending upon the date of exercise.

Period of Option and Conditions of Exercise. 3.1 The term of this Option Agreement shall commence on the date hereof (the "Date of GrantDATE OF GRANT") and terminate on the Expiration Date (as defined in Section 6 below), or at the time at which all of the Options have expired or been terminated pursuant to the terms of the Option Plan or pursuant to this Option Agreement. 3.2 The Options may be exercised by the Optionee in whole at any time or in part from time to time, as determined by the Board, and to the extent that the Options become vested in accordance with section Section 4 of Exhibit B B, prior to the Expiration Date, and provided that, subject to the provisions of Section 3.4 below, the Optionee is an employee of the Company or a Subsidiary of the Company or a company or a Parent or a subsidiary company of such company issuing or assuming the Options in a transaction described in section Section 7.1 of the Agreement ( (the foregoing collectively, the "GroupGROUP" ), or continuing to provide services to the Group, at all times during the period beginning with the granting of the Option and ending upon the date of exercise.