Common use of Term of Option Clause in Contracts

Term of Option. This Option may not be exercised more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 78 contracts

Sources: Stock Option Agreement (Fedex Corp), Stock Option Agreement (Fedex Corp), Stock Option Agreement (Teche Holding Co)

Term of Option. This Option may not be exercised more than ten (10) -------------- years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 28 contracts

Sources: Stock Option Agreement (Osage Bancshares, Inc.), Stock Option Agreement (Osage Federal Financial Inc), Stock Option Agreement (Parke Bancorp, Inc.)

Term of Option. This Option may not be exercised exercisable for more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 22 contracts

Sources: Stock Option Agreement (Cooperative Bankshares Inc), Stock Option Agreement (Cooperative Bankshares Inc), Non Incentive Stock Option Agreement (Flagstar Bancorp Inc)

Term of Option. This Option may not be exercised more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term period only in accordance with the Plan and the terms of this Option.

Appears in 18 contracts

Sources: Outside Director Option Agreement (Lattice Semiconductor Corp), Non Statutory Stock Option Agreement (Broadway Financial Corp \De\), Director Option Agreement (Artisan Components Inc)

Term of Option. This Option may not be exercised exercisable for more than ten (10) years from the date of grant of this Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 16 contracts

Sources: Incentive Stock Option Agreement (Peoples Banctrust Co Inc), Incentive Stock Option Agreement (Peoples Banctrust Co Inc), Incentive Stock Option Agreement (Peoples Banctrust Co Inc)

Term of Option. This Option may not be exercised more than ten (10) -------------- years from the date of grant of this Option, as set forth below, and may be exercised during such term period only in accordance with the Plan and the terms of this Option.

Appears in 13 contracts

Sources: Director Option Agreement (Avanex Corp), Director Option Agreement (Avanex Corp), Director Option Agreement (Synplicity Inc)

Term of Option. This Option may not be exercised more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 13 contracts

Sources: Master Agreement (Sonoma Systems), Non Qualified Stock Option Agreement (Ross Technology Inc), Nonstatutory Stock Option Agreement (Linear Technology Corp /Ca/)

Term of Option. This Option may not be exercised exercisable for more than ten (10) ten** years from the date of grant of this Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 11 contracts

Sources: Stock Option Agreement (Cooperative Bankshares Inc), Stock Option Agreement (Cooperative Bankshares Inc), Incentive Stock Option Agreement (Peoples Banctrust Co Inc)

Term of Option. This Option may not be exercised exercisable for more than ten (10) **/ years from the date of grant of this Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 9 contracts

Sources: Stock Option Agreement (Progressive Bank Inc), Stock Option Agreement (Sandwich Bancorp Inc), Incentive Stock Option Agreement (Central Bancorp Inc /Ma/)

Term of Option. This The Option may not be exercised more than ten (10) 10 years from the date of grant of this the Option, as set forth below, and the vested portion of such Option may be exercised during such term only in accordance with the Plan and the terms of this the Option.

Appears in 7 contracts

Sources: Nonqualified Stock Option Award Agreement (Nordstrom Inc), Nonqualified Stock Option Award Agreement (Nordstrom Inc), Nonqualified Stock Option Award Agreement (Nordstrom Inc)

Term of Option. This Option may not be exercised more than ten (10) --------------- years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 4 contracts

Sources: Stock Option Agreement (Teche Holding Co), Stock Option Agreement (Synergy Financial Group Inc /Nj/), Stock Option Agreement (Teche Holding Co)

Term of Option. This Option may not be exercised more than ten (10) seven years from the date of grant of this OptionOption (the “Term”), as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 4 contracts

Sources: Stock Option Agreement (MoSys, Inc.), Stock Option Agreement (MoSys, Inc.), Stock Option Agreement (MoSys, Inc.)

Term of Option. This Option may not be exercised more than ten (10) 10 years from the date of grant of this Option, as set forth belowabove, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 4 contracts

Sources: Stock Option Agreement (Chase Cheryl A), Stock Option Agreement (Chase Cheryl A), Stock Option Agreement (Chase Arnold L)

Term of Option. This Option may not be exercised more than after the period of ten (10) years from commencing on the date of grant of this Option, as set forth below, and may be exercised during such term period only in accordance with the Plan and the terms of this Option.

Appears in 4 contracts

Sources: Director Option Agreement (Skillsoft Public Limited Co), Director Option Agreement (Skillsoft Public Limited Co), Director Option Agreement (Skillsoft Public Limited Co)

Term of Option. This Option may not be exercised exercisable -------------- for more than ten (10) **/ years from the date of grant of this Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 3 contracts

Sources: Stock Option Agreement (1st State Bancorp Inc), Stock Option Agreement (United Tennessee Bankshares Inc), Incentive Stock Option Agreement (Cumberland Mountain Bancshares Inc)

Term of Option. This Option may not be exercised exercisable -------------- for more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 3 contracts

Sources: Non Incentive Stock Option Agreement (Cumberland Mountain Bancshares Inc), Stock Option Agreement (1st State Bancorp Inc), Stock Option Agreement (Kentucky National Bancorp Inc)

Term of Option. This Option may not be exercised exercisable for more than -------------- ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 3 contracts

Sources: Stock Option Agreement (Peoples Bankcorp Inc), Stock Option Agreement (Patapsco Bancorp Inc), Stock Option Agreement (Commercial Federal Corp)

Term of Option. This Option may not be exercised more than ten five (105) -------------- years from the date of grant of this Option, as set forth below, and may be exercised during such term period only in accordance with the Plan and the terms of this Option.

Appears in 3 contracts

Sources: Director Option Agreement (Netiq Corp), Director Option Agreement (Enel Societa Per Azioni), Director Option Agreement (Echelon Corp)

Term of Option. This Option may not be exercised more than ten (10) years from the date of grant of this Option, unless the Option is terminated at an earlier date as set forth below, and in the Agreement. This Option may be exercised during such term only in accordance with the 2009 Plan and the terms of this OptionOption Agreement.

Appears in 3 contracts

Sources: Employment Agreement (Dais Analytic Corp), Nonqualified Stock Option Agreement (Dais Analytic Corp), Nonqualified Stock Option Agreement (Dais Analytic Corp)

Term of Option. This Option may not be exercised exercisable for more than ten (10) ten** -------------- years from the date of grant of this Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: Stock Option Agreement (Patapsco Bancorp Inc), Non Incentive Stock Option Agreement (Central Bancorp Inc /Ma/)

Term of Option. This Option may not be exercised more than ten (10) years and one day from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: Stock Option Agreement (Norwood Financial Corp), Stock Option Agreement (Norwood Financial Corp)

Term of Option. This Notwithstanding Section 9 of the Plan, this Option may not be exercised more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: Nonstatutory Stock Option Agreement (Collagenex Pharmaceuticals Inc), Stock Option Agreement (Collagenex Pharmaceuticals Inc)

Term of Option. This Option may not be exercised more than ten (10) years and one (1) day from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: Non Statutory Stock Option Agreement (Truevision International Inc), Non Statutory Stock Option Agreement (Truevision International Inc)

Term of Option. This Option may not be exercised more than ten (10) _______ years from the date of grant of this Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: Stock Option Agreement (Eagle Bancorp Inc), Non Incentive Stock Option Agreement (Eagle Bancorp Inc)

Term of Option. This Option may not be exercised more than ten seven (107) years from the date of grant of this Option, as set forth below, and may be exercised during such term period only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: Director Option Agreement (Cost Plus Inc/Ca/), Director Option Agreement (Tibco Software Inc)

Term of Option. This Option may not be exercised more than ten (10) years from the date Date of grant of this Option, as set forth below, Grant and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: Nonstatutory Stock Option Agreement (Zoran Corp \De\), Nonstatutory Stock Option Agreement (Zoran Corp \De\)

Term of Option. This Option may not be exercised more than ten five (105) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: Director’s Option Agreement (Silicon Graphics Inc), Nonstatutory Stock Option Agreement (Lightspan Partnership Inc)

Term of Option. This Option may not be exercised more than ten (10) years from after the date Date of grant Grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: Nonstatutory Stock Option Agreement (Super Micro Computer, Inc.), Incentive Stock Option Agreement (Super Micro Computer, Inc.)

Term of Option. This Option may not be exercised more than ten (10) __ years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: Stock Option Agreement (John Marshall Bancorp, Inc.), Stock Option Agreement (John Marshall Bancorp, Inc.)

Term of Option. This Option may not be exercised exercisable for more than ten -------------- (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: Stock Option Agreement (CFS Bancshares Inc), Stock Option Agreement (CFS Bancshares Inc)

Term of Option. This Option may not be exercised more than ten (10) six years from the date of grant of this OptionOption (the “Term”), as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: New Employee Inducement Grant Stock Option Agreement (MoSys, Inc.), New Employee Inducement Grant Stock Option Agreement (MoSys, Inc.)

Term of Option. This Option may not be exercised more than ten (10) years from the date of original grant of this Option, as set forth belowoption, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Nordstrom Inc), Non Qualified Stock Option Agreement (Nordstrom Inc)

Term of Option. This The Option may not be exercised more than ten (10) years from the date of grant of this Optionthe Option (the "Expiration Date"), as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this OptionAgreement.

Appears in 2 contracts

Sources: Stock Option Agreement (Guaranty Federal Bancshares Inc), Stock Option Agreement (Guaranty Federal Bancshares Inc)

Term of Option. This Option may not be exercised exercisable for more than ten (10) -------------- years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: Stock Option Agreement (Tri County Financial Corp /Md/), Stock Option Agreement (Patapsco Bancorp Inc)

Term of Option. This Option may not be exercised more than ten seven (107) -------------- years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 2 contracts

Sources: Stock Option Agreement (Fidelity Bancorp Inc), Stock Option Agreement (Fidelity Bancorp Inc)

Term of Option. This Option may not be exercised more than ten (10) years and one (1) day from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (Synopsys Inc)

Term of Option. This Option may not be exercised more than ten -------------- (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term period only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Director Option Agreement (Clearcommerce Corp)

Term of Option. This Option may not be exercised exercisable for more than ten (10) years from the date of grant of this Former Option, as set forth below's Grant Date, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Columbia Bancorp)

Term of Option. This Option may not be exercised exercisable -------------- for more than ten (10) ten**/ years from the date of grant of this Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (Kentucky National Bancorp Inc)

Term of Option. This Option may not be exercised exercisable for more than -------------- ten (10) **/ years from the date of grant of this Option, as set forth stated below, and --- may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (Commercial Federal Corp)

Term of Option. This Option may not be exercised exercisable for more than ten (10) -------------- ten**/ years from the date of grant of this Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (Patapsco Bancorp Inc)

Term of Option. This Option may not be exercised more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this OptionOption Agreement.

Appears in 1 contract

Sources: Stock Option Agreement (Parke Bancorp, Inc.)

Term of Option. This Option may not be exercised more than ten (10) years from the date Date of grant Grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this OptionOption Award Agreement.

Appears in 1 contract

Sources: Stock Option Award Agreement (Sun Bancorp Inc /Nj/)

Term of Option. This Option may not be exercised more than ten (10) years from the date of grant of this Option, as set forth belowOption (the "Term"), and may be exercised during such term period only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (I Link Inc)

Term of Option. This Option may not be exercised more than ten (10) 10 years from the date of grant of this Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (Eagle Bancorp Inc)

Term of Option. This Option may not be exercised more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (Allen Paul G)

Term of Option. This Option may not be exercised more than ten (10) -------------- years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this OptionOption Agreement.

Appears in 1 contract

Sources: Stock Option Agreement (Parke Bancorp, Inc.)

Term of Option. This Option may not be exercised more than ten (10) years from the date of original grant of this Option, as set forth below, and may be exercised during such term only in accordance with the terms, definitions and provisions of the Plan and the terms of this OptionAgreement.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Cutter & Buck Inc)

Term of Option. This Option may not be exercised more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this OptionOption Agreement.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Novadel Pharma Inc)

Term of Option. This Notwithstanding anything herein to the contrary, the Option may not be exercised more than ten (10) years from the date of grant of this the Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this the Option.

Appears in 1 contract

Sources: Stock Option Agreement (Collagenex Pharmaceuticals Inc)

Term of Option. This Notwithstanding Section 7, this Option may not be exercised --------------- more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Nonstatutory Stock Option Agreement (Vidamed Inc)

Term of Option. This Option may not be exercised more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Sub-Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (Hewlett Packard Co)

Term of Option. This The Option may not be exercised more than ten (10) years from the date of grant of this the Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this the Option.

Appears in 1 contract

Sources: Nonstatutory Stock Option Agreement (Trident Microsystems Inc)

Term of Option. This Option may not be exercised more than ten (10) -------------- years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (Inktomi Corp)

Term of Option. This Option may not be exercised more than ten (10) years from the date of original grant of this Option, as set forth below, option and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Nordstrom Inc)

Term of Option. This Option may not be exercised exercisable for more than ten (10) ten2 years from the date of grant of this the Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this the Option.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Newtek Business Services Inc)

Term of Option. This Option may not be exercised exercisable for more than ten (10) -------------- _______/2/ years from the date of grant of this Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (Peoples Banctrust Co Inc)

Term of Option. This Option may not be exercised exercisable for more than ten (10) years from the date of grant of this the Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this the Option.

Appears in 1 contract

Sources: Non Incentive Stock Option Agreement (Newtek Business Services Inc)

Term of Option. This Option may not be exercised more than ten (10) years plus one month from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option. In no event will this Option be exercisable more than one year after the death of the Optionee.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (F&m Bancorp)

Term of Option. This Option may not be exercised exercisable for more than ten (10) ** years from the date of grant of this Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (First Lancaster Bancshares Inc)

Term of Option. This Option may not be exercised more than ten (10) 10 years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Director Stock Option Agreement (First International Bancorp Inc)

Term of Option. This The Option may not be exercised more than ten (10) years from the date of grant of this Option, as set forth below, Option and may be exercised during such term period only in accordance with the Plan and the terms of this OptionAgreement.

Appears in 1 contract

Sources: Award Agreement (Broadway Financial Corp \De\)

Term of Option. This Notwithstanding Section 9, this Option may not be exercised more than ten (10) 10 years from the date of grant of this Option, as set forth below, Option and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Willamette Valley Vineyards Inc)

Term of Option. This Option may not be exercised exercisable for more than ten (10) __________ years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (Pinnacle Bancshares Inc)

Term of Option. This Option may not be exercised more than ten (10) 10 years from the date of grant of this Option, as set forth below, and may be exercised during such term period only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Annual Director Option Agreement (Lsi Logic Corp)

Term of Option. This Option may not be exercised more than ten (10) years -------------- from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this OptionOption Agreement.

Appears in 1 contract

Sources: Nonstatutory Stock Option Agreement (Senesco Technologies Inc)

Term of Option. This Option may not be exercised exercisable for more than ten (10) ten* years from the date of grant of this Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option and Temporary Severance Agreement (WSFS Financial Corp)

Term of Option. This Notwithstanding any other provision of this Option, this Option may not be exercised more than ten (10) years from the date Date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Nonqualified Stock Option Regrant Agreement (Cadence Design Systems Inc)

Term of Option. This Option may not be exercised more than ten (10) years and one (1) day from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Nonstatutory Stock Option Agreement (Super Micro Computer, Inc.)

Term of Option. This Notwithstanding Section 7, this Option may not be --------------- exercised more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Vidamed Inc)

Term of Option. This Option may not be exercised more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this OptionOption Agreement.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Flemington Pharmaceutical Corp)

Term of Option. This Option may not be exercised exercisable for more than ten (10) -------------- years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (Peoples Banctrust Co Inc)

Term of Option. This Option may not be exercised more than ten (10) years from the date of grant of this OptionOption (the “Term”), as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Incentive Grant Agreement (Monolithic System Technology Inc)

Term of Option. This Option may not be exercised exercisable for more than ten (10) years years** from the date of grant of this Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (Westwood Homestead Financial Corp)

Term of Option. This Option may not be exercised more than ten (10) years -------------- from the date of grant of this Option, as set forth below, and may be exercised during such term period only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Director Option Agreement (Siebel Systems Inc)

Term of Option. This Option may not be exercised exercisable --------------- for more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (United Tennessee Bankshares Inc)

Term of Option. This Option may not be exercised more than ten (10) years from the date of grant of this Option, as set forth belowhereof, and may be exercised during such term only in accordance with the Plan and the terms of this Option. Notwithstanding the provisions of Sections 4 and 5 hereof, in no event may this Option be exercised after its ten-year term has expired.

Appears in 1 contract

Sources: Director's Nonstatutory Stock Option Agreement (Hytek Microsystems Inc)

Term of Option. This Option may not be exercised exercisable for more than ten (10) ten**/ years from the date of grant of this Option, as set forth stated below, and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Stock Option Agreement (HCB Bancshares Inc)

Term of Option. This Option may not be exercised more than ten (10) years from the date of grant of this Option, as set forth below, and may be exercised during such term only in accordance with the Plan and the terms of this OptionAgreement.

Appears in 1 contract

Sources: Stock Option Agreement (Nittany Financial Corp)

Term of Option. This Notwithstanding Section 9, this Option may not be exercised more than ten (10) 10 years and 1 day from the date of grant of this Option, as set forth below, Option and may be exercised during such term only in accordance with the Plan and the terms of this Option.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Willamette Valley Vineyards Inc)