Common use of Term and Vesting of Option Clause in Contracts

Term and Vesting of Option. The term of the Option shall be ten (10) years ("Term") from the date of this Agreement and, subject to the terms and provisions hereof. The Option shall vest and Optionee may exercise the Option in accordance with the vesting schedule specified in the attached Notice and within the Term. Subject to the foregoing, the Option may be exercised in whole or in part with respect to all or any portion of the shares to which it relates.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (TherapeuticsMD, Inc.)

Term and Vesting of Option. The term of the Option shall be for a period of ten (10) years ("the “Term") from the date of this Agreement and, subject to the terms and provisions hereof. The hereof and the Plan, including but not limited to the conditions of paragraph (4) hereafter, the Option shall vest and Optionee may exercise the Option in accordance with the vesting schedule specified in the attached Notice below, and within the Term. Subject to the foregoing, the Option may be exercised in whole or in part with respect to all or any portion of the shares to which it relates.related as follows:

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Synthetic Blood International Inc)

Term and Vesting of Option. The term of the Option shall be for the period set forth on the Notice, but in no event for more than ten (10) years ("Term") from the date of this Agreement and, subject to the terms and provisions hereof. The hereof and the Plan, the Option shall vest and Optionee may exercise the Option in accordance with the vesting schedule specified in the attached Notice and within the Term. Subject to the foregoing, the Option may be exercised in whole or in part with respect to all or any portion of the shares to which it relates.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (BioMETRX)

Term and Vesting of Option. The term of the Option shall be for a period of ten (10) years ("the “Term") from the date of this Agreement and, subject to the terms and provisions hereof. The Option shall vest and Optionee may exercise the Option in accordance with the vesting schedule specified in the attached Notice and within the Term. Subject to the foregoing, the Option shall be fully vested and may be exercised in whole or in part with respect to all or any portion of the shares to which it relatesrelated.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Synthetic Blood International Inc)

Term and Vesting of Option. The term of the Option shall be for the period set forth on the Notice, but in no event for more than ten (10) years ("Term") from the date of this Agreement and, subject to the terms and provisions hereof. The hereof and the Plan, the Option shall vest and Optionee may exercise the Option in accordance with the vesting schedule specified in the attached Notice and within the Term. Subject to the foregoing, the Option may be exercised in whole or in part with respect to all or any portion of the shares to which it relates.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (110 Media Group, Inc.)