Period of Time to Exercise Sample Clauses

The "Period of Time to Exercise" clause defines the specific timeframe within which a party is permitted to exercise a particular right, such as an option or contractual privilege. Typically, this clause will state the start and end dates or the duration (for example, 90 days from the date of grant) during which the right can be exercised. By clearly establishing these boundaries, the clause ensures both parties understand when actions must be taken, thereby preventing disputes over late or invalid attempts to exercise rights and promoting certainty in contractual relationships.
Period of Time to Exercise. If you cease to be an employee by reason of your Retirement, all of your vested Options may be exercised by you at any time before 3:00 P.M., U.S. Central Time on the fifth anniversary of your Termination Date. If the date of such fifth anniversary is a Non-Business Day, then the Options will remain exercisable until the first Business Day immediately following the fifth anniversary.
View SourceView Similar (8)
Period of Time to Exercise. If you cease to be an employee on account of your death, all of your Options may be exercised by your designated beneficiary at any time before 3:00 P.M., U.S. Central Time, on the 365th calendar day following the date of your death. If such 365th day is a Non-Business Day, then the Options will remain exercisable until the first Business Day immediately following the 365th day.
View SourceView Similar (4)
Period of Time to Exercise. If you cease to be an employee on account of your voluntary resignation or your employment being involuntarily terminated by the Company other than for a reason constituting Termination for Cause, those Options which were vested and exercisable as of your Termination Date may be exercised at any time before 3:00 P.M., U.S. Central Time, on the 90th calendar day following your Termination Date. If such 90th day is a Non-Business Day, then the Options will remain exercisable until the first Business Day immediately following the 90th day. All Options which were not otherwise vested and exercisable as of your Termination Date will be forfeited.
View SourceView Similar (4)
Period of Time to Exercise. If you cease to be an employee on account of your Disability, all of your Options may be exercised by you at any time before 3:00 P.M., U.S. Central Time on the fifth anniversary of the date of your Separation from Service on account of Disability. If the date of such fifth anniversary is a Non-Business Day, then the Options will remain exercisable until the first Business Day immediately following the fifth anniversary.
View SourceView Similar (4)
Period of Time to Exercise. The period of time to exercise your Options following your Termination Date subsequent to a Change in Control will be determined based on the reason for your Separation from Service and governed by Sections 7(a)-(f) above.
View SourceView Similar (3)
Period of Time to Exercise. The period of time to exercise the Options following your Termination Date subsequent to a Change in Control will be determined based on the reason for your termination of employment and governed by Sections 4(a)-(f) above. Nothing in this Section 4 restricts or otherwise interferes with the Company’s discretion with respect to the termination of your employment with the Company.
View Source

Related to Period of Time to Exercise

  • Failure to Exercise Upon the expiration of the Second Participation Period, or in the event no Participation Rights Holder exercises the Right of Participation within fifteen (15) days following the issuance of the First Participation Notice, the Company shall have one hundred and twenty (120) days thereafter to sell the New Securities described in the First Participation Notice (with respect to which the Right of Participation hereunder were not exercised) at the same or higher price and upon non-price terms not materially more favorable to the purchasers thereof than specified in the First Participation Notice. In the event that the Company has not issued and sold such New Securities within such one hundred and twenty (120) day period, then the Company shall not thereafter issue or sell any New Securities without again first offering such New Securities to the Participation Rights Holders pursuant to this Section 3.

  • Right to Exercise This Option is exercisable during its term in accordance with the Vesting Schedule set out in the Notice of Grant and the applicable provisions of the Plan and this Option Agreement.

  • Devotion of Time The Directors shall not be obligated and shall not be expected to devote all of their time or business efforts to the affairs of the Company (except, to the extent appropriate, in their capacity as employees of the Company).

  • Conditions to Exercise The purchase right represented by this Warrant may be exercised at any time, or from time to time, in whole or in part during the term commencing on the date hereof and ending at 5:00 P.M. Pacific time on the tenth anniversary of the date of this Warrant (the “Expiration Date”).

  • Election to Exercise To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company an executed stock option exercise agreement in such form as is approved by the Committee from time to time (the “Exercise Agreement”), which shall set forth, inter alia: (a) the Participant’s election to exercise the Option; (b) the number of Shares of Common Stock being purchased; (c) any restrictions imposed on the Shares; and (d) any representations, warranties and agreements regarding the Participant’s investment intent and access to information as may be required by the Company to comply with applicable securities laws. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.