Common use of Term Expiration Date Clause in Contracts

Term Expiration Date. For each Option granted, unless otherwise provided in the Plan, the term of the Option ("Term") shall be [1]ten (10) years from the Date of the Grant. The Expiration Date shall be the date of the expiration of the Term.

Term Expiration Date. For each Option granted, unless otherwise provided in the Plan, the term of the Option ("Term") shall be [1]ten ten (10) years from the Date of the Grant. The Expiration Date shall be the date of the expiration of the Term.