Common use of Period of Option Clause in Contracts

Period of Option. This Option shall expire on the earliest to occur of: (a) the tenth anniversary of the date of this Agreement; and (b) 90 days after the termination of the Executive's employment with the Company for any reason.

Appears in 4 contracts

Sources: Stock Option Agreement (Scharf Michael J), Stock Option Agreement (Scharf Micheal J), Stock Option Agreement (Scharf Micheal J)