Exercise Termination Date definition

Exercise Termination Date means the date on which any Award Option ceases to be exercisable. Such Termination Date shall be the earlier of (i) the Expiration Date as shown on the facing page of this Award Agreement; (ii) ninety (90) days after occurrence of a Termination of Service of Participant with respect to the Company, or any Parent or Subsidiary, or (iii) ninety (90) days after occurrence of a Reduction in Service of Participant with respect to the Company, or any Parent or Subsidiary.
Exercise Termination Date means five (5) Business Days prior to the Expiration Date.
Exercise Termination Date means the later of (x) 90 days after termination of Optionee’s Continuous Status as an Employee, Director or Consultant or (y) if Optionee reasonably determines that Optionee is prohibited or restricted from selling Shares in the public markets for any portion of the 90 day period in clause (x) (whether as a result of the possession of information that might be considered material nonpublic information, the absence of a registration statement available to Optionee, or other legal or contractual restrictions on sale), 90 days after all such restrictions cease to exist.

Examples of Exercise Termination Date in a sentence

  • If (i) this Warrant is not exercised on or prior to 5:00 P.M., New York City time, on the Exercise Termination Date or (ii) this Warrant is not exercised on the first or second date on which any Series A Warrant is exercised, all vested and unexercised Warrant Units, shall be automatically forfeited, this Warrant shall be void and all rights of the Warrantholder (or any permitted transferee thereof) hereunder shall cease.

  • If the Optionee's Service with the Participating Company Group terminates because of the death or Disability of the Optionee, (1) the Option will continue to vest to the extent provided in Subparagraph 4(b) of the Employment Agreement, and (2) the Option may be exercised, to the extent unexercised and exercisable by the Optionee on the proposed exercise date, by the Optionee (or the Optionee's legal representative) at any time prior to the Special Exercise Termination Date.

  • To the extent the Holder fails to exercise this Warrant by 5:00 pm California time of the Mandatory Exercise Termination Date, then (i) this Warrant shall be deemed terminated for all purposes and (ii) the Holder shall deliver to the Company this Warrant marked “cancelled” (but the failure of the Holder to deliver this Warrant to the Company for cancellation shall not affect the termination of this Warrant as of the Mandatory Exercise Termination Date).

  • In addition, the portion of this Option that is vested and exercisable as of the date of termination of Optionee’s Continuous Status as an Employee, Director or Consultant shall terminate and be cancelled on the earlier of (i) the expiration of the Term, or (ii) the Exercise Termination Date.

  • The Holder may exercise, in whole or in part (but not as to a fractional share of Common Stock), the purchase rights represented by this Warrant at any time and from time to time during the term commencing on the date hereof and ending at 5:00 p.m., Houston, Texas time, on August 5, 2005 (the "Exercise Termination Date"), after which time and date this Warrant shall terminate and no longer be exercisable.

  • Nothing herein shall be construed as prohibiting the Tribe from pledging or assigning payments due the Tribe under this Agreement, including lump sum payments, royalties, and taxes.

  • Seller shall exercise the Seller's Option by providing written notice to Buyer on or before the Seller's Exercise Termination Date (the "Seller's Option Exercise Date").

  • The purchase rights represented by this Warrant may be exercised at any time and from time to time as set forth above up to and including July 21, 2002, which is the fourth anniversary of the Closing Date (the "Exercise Termination Date"), after which date this Warrant shall terminate and no longer be exercisable.

  • At any time after the payment of the Exclusivity Payment and through and including the Option Exercise Termination Date (the “Option Exercise Period”), the Optionee shall have an exclusive irrevocable option (the “Option”), but not the obligation, exercisable in the Optionee’s sole discretion, to elect to require the Company to effect the Merger, on the terms and subject to the conditions set forth in the Merger Agreement.

  • Notwithstanding the provisions of this Section 5, in no event shall the Exercise Termination Date be earlier than 15 days from the date that the notice referred to in the previous sentence is given.


More Definitions of Exercise Termination Date

Exercise Termination Date has the meaning set forth in Section 4.1.

Related to Exercise Termination Date

  • Exercise Termination Event (i) the Effective Time (as defined in the Merger Agreement) of the Merger; (ii) termination of the Merger Agreement in accordance with the provisions thereof if such termination occurs prior to the occurrence of an Initial Triggering Event, except a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional); or (iii) the passage of 12 months after termination of the Merger Agreement if such termination follows the occurrence of an Initial Triggering Event or is a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional) (provided that if an Initial Triggering Event continues or occurs beyond such termination and prior to the passage of such 12-month period, the Exercise Termination Event shall be 12 months from the expiration of the Last Triggering Event but in no event more than 18 months after such termination). The "Last Triggering Event" shall mean the last Initial Triggering Event to expire. The term "Holder" shall mean the holder or holders of the Option.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).