Common use of Term of Option Clause in Contracts

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 28 contracts

Sources: Non Qualified Stock Option Agreement, Option Agreement (Chuy's Holdings, Inc.), Option Agreement (Chuy's Holdings, Inc.)

Term of Option. The term of the Option shall commence commenced on the Date of Grant and, unless earlier terminated in accordance with Section 6 8 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 8 contracts

Sources: Nonqualified Stock Option Agreement (YETI Holdings, Inc.), Nonqualified Stock Option Agreement (YETI Holdings, Inc.), Nonqualified Stock Option Agreement (YETI Holdings, Inc.)

Term of Option. The term of the Option shall commence on the Grant Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire ten (10) years from the Date of GrantGrant Date.

Appears in 8 contracts

Sources: Nonstatutory Stock Option Agreement (DJO Finance LLC), Nonstatutory Stock Option Agreement (DJO Finance LLC), Nonstatutory Stock Option Agreement (DJO Finance LLC)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 9 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 7 contracts

Sources: Employment Agreement (Dwyer Group Inc), Employment Agreement (Dwyer Group Inc), Employment Agreement (Dwyer Group Inc)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 7 contracts

Sources: Nonqualified Stock Option Agreement (AFG Holdings, Inc.), Nonqualified Stock Option Agreement (AFG Holdings, Inc.), Nonqualified Stock Option Agreement (AFG Holdings, Inc.)

Term of Option. The term of the Option shall commence on at the Grant Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire ten (10) years from the Date of GrantEffective Time.

Appears in 6 contracts

Sources: Option Agreement (Graham Packaging Co Inc.), Option Agreement (Graham Packaging Holdings Co), Employment Agreement (Graham Packaging Holdings Co)

Term of Option. The term of the Option (the “Term”) shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire at the close of business on the date which is ten (10) years from the Date of Grant.

Appears in 5 contracts

Sources: Nonqualified Stock Option Agreement, Nonqualified Stock Option Agreement (Macy's, Inc.), Nonqualified Stock Option Agreement (Macy's, Inc.)

Term of Option. The term of the Option Right shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire ten (10) 10 years from the Date of Grant.

Appears in 4 contracts

Sources: Incentive Stock Option Agreement (International Coal Group, Inc.), Non Qualified Stock Option Agreement (International Coal Group, Inc.), Incentive Stock Option Agreement (International Coal Group, Inc.)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereofof this Agreement, shall expire ten (10) years from the Date of Grant.

Appears in 3 contracts

Sources: Stock Option Agreement (THUMZUP MEDIA Corp), Stock Option Agreement (SQL Technologies Corp.), Stock Option Agreement (MassRoots, Inc.)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten seven (107) years from the Date of Grant.

Appears in 3 contracts

Sources: Employee Incentive Stock Option Agreement (Choicepoint Inc), Nonqualified Stock Option Agreement (Scottish Annuity & Life Holdings LTD), Incentive Stock Option Agreement (Conley Canitano & Associates Inc)

Term of Option. The term of the Option shall will commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, shall will expire ten (10) years from the Date of Grant.

Appears in 3 contracts

Sources: Inducement Nonqualified Stock Option Agreement (Cas Medical Systems Inc), Inducement Nonqualified Stock Option Agreement (Cas Medical Systems Inc), Nonqualified Stock Option Agreement (Proliance International, Inc.)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from on the 10th anniversary of the Date of Grant.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Bear Creek Operations, Inc.), Incentive Stock Option Agreement (Bear Creek Operations, Inc.)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 9 hereof, shall expire ten (10) years from the Date of GrantGrant (the “Exercise Period”).

Appears in 2 contracts

Sources: Stock Option Award (MAIA Biotechnology, Inc.), Consulting Stock Option Award Agreement (MAIA Biotechnology, Inc.)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 8 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 2 contracts

Sources: Nonqualified Stock Option Agreement (Cumulus Media Inc), Incentive Stock Option Agreement (MTC Technologies Inc)

Term of Option. The term of the Option (the "Term") shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 2 contracts

Sources: Nonqualified Stock Option Agreement, Nonqualified Stock Option Agreement (Federated Department Stores Inc /De/)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from the Date of Grant[date].

Appears in 2 contracts

Sources: Nonqualified Stock Option Agreement (FTD Com Inc), Nonqualified Stock Option Agreement (FTD Com Inc)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereofthis Agreement, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Georgia Gulf Corp /De/)

Term of Option. The term of the Option (the “Term”) shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Federated Department Stores Inc /De/)

Term of Option. The term of the Option shall commence on the date set forth above (the "Date of Grant Grant") and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Scottish Annuity & Life Holdings LTD)

Term of Option. The term of the Option Options shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 8 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Sources: Employment Agreement (Cumulus Media Inc)

Term of Option. The term of the Option shall will commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof8, shall will expire ten (10) years from the Date of Grant.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Diamond S Shipping Group, Inc.)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire ten (10) years from the Date of GrantGrant (the date on which the Option terminates being referred to herein as the "Expiration Date").

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Technical Consumer Products Inc)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 10 hereof, shall expire ten (10) years from the Date of GrantGrant (the “Exercise Period”).

Appears in 1 contract

Sources: Management Stock Option Award Agreement (MAIA Biotechnology, Inc.)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereofof this Agreement, shall expire ten (10) [ ] years from the Date of Grant.

Appears in 1 contract

Sources: Stock Option Agreement (SQL Technologies Corp.)

Term of Option. The term of the Option shall commence on the date hereof (the "Date of Grant Grant') and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Mainsource Financial Group)

Term of Option. The term of the Option shall commence on the date set forth above of the grant (the "Date of Grant Grant") and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Sources: Employment Agreement (Scottish Annuity & Life Holdings LTD)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 hereof7, shall expire ten (10) years from the Date of Grant.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Focal Communications Corp)

Term of Option. The term of the Option shall commence commenced on the Grant Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire ten (10) years from the Date of GrantGrant Date.

Appears in 1 contract

Sources: Nonstatutory Stock Option Agreement (DJO Finance LLC)

Term of Option. The term of the Option shall commence on the Date of Grant and, unless earlier terminated in accordance with Section 6 7 hereof, shall expire ten three (103) years from the Date of Grant.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Immediatek Inc)

Term of Option. The term of the Option shall commence on the date set forth on the attached Notice of Grant (the "Date of Grant Grant") and, unless earlier terminated in accordance with Section 6 hereof, shall expire ten TEN (10) years YEARS from the Date of Grant.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Scottish Annuity & Life Holdings LTD)