TERM AND EXERCISE OF OPTIONS. The Company and the Optionholder agree that the term of the Options shall be indefinite. The Optionholder agrees that the Options shall not be exercisable for Shares, except and only to the extent expressly provided in this Agreement.
Appears in 2 contracts
Sources: Option Repurchase Agreement (Advanced Accessory Holdings Corp), Option Repurchase Agreement (Chaas Acquisitions LLC)