Common use of Commencement of Exercisability Clause in Contracts

Commencement of Exercisability. (a) Subject to Participant’s continued employment with or service to a Company Group Member on each applicable vesting date and subject to Sections 3.2, 3.3, 5.9 and 5.14 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

Appears in 9 contracts

Samples: Incentive Award Plan Option (Li-Cycle Holdings Corp.), Notice and Agreement (Li-Cycle Holdings Corp.), Stock Option Agreement (Inspire Medical Systems, Inc.)

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Commencement of Exercisability. (a) Subject to Participant’s continued employment with or service to the Company or a Company Group Member Subsidiary on each applicable vesting date and subject to Sections 3.23.1(b),_3.2, 3.3, 5.9 and 5.14 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

Appears in 5 contracts

Samples: Stock Option Agreement (Bioventus Inc.), 2016 Incentive Award Plan (Novan, Inc.), Stock Option Agreement (Bioventus Inc.)

Commencement of Exercisability. (a) Subject to Participant’s continued employment with or service to the Company or a Company Group Member Subsidiary on each applicable vesting date and subject to Sections 3.2, 3.3, 5.9 and 5.14 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

Appears in 5 contracts

Samples: Stock Option Agreement (Shake Shack Inc.), Stock Option Agreement (Shake Shack Inc.), Stock Option Agreement (McBc Holdings, Inc.)

Commencement of Exercisability. (a) Subject to Participant’s continued employment with or service to a Company Group Member on each applicable vesting date and subject to Sections 3.2, 3.3, 5.9 6.9 and 5.14 6.14 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

Appears in 4 contracts

Samples: Stock Option Grant Notice And (Funko, Inc.), Stock Option Agreement (Clever Leaves Holdings Inc.), Stock Option Agreement (Clever Leaves Holdings Inc.)

Commencement of Exercisability. (a) Subject to Participant’s continued employment with or service to a Company Group Member on each through the applicable vesting date and subject to Sections 3.2, 3.3, 5.9 6.12 and 5.14 6.18 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

Appears in 3 contracts

Samples: Stock Option Agreement (BJ's Wholesale Club Holdings, Inc.), Stock Option Agreement (BJ's Wholesale Club Holdings, Inc.), Stock Option Agreement (BJ's Wholesale Club Holdings, Inc.)

Commencement of Exercisability. (a) Subject to Participant’s continued employment with or service to a Company Group Member on each through the applicable vesting date and subject to Sections 3.2anything in the Grant Notice, 3.3, 5.9 and 5.14 hereofthe Plan or this Agreement to the contrary, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

Appears in 3 contracts

Samples: Stock Option Agreement (Advantage Solutions Inc.), Stock Option Agreement (Lemonade, Inc.), Stock Option Agreement (Elutia Inc.)

Commencement of Exercisability. (a) Subject to Participant’s continued employment with or service to a Company Group Member on each applicable vesting date and subject to Sections 3.2, 3.3, 5.9 and 5.14 5.16 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

Appears in 2 contracts

Samples: Stock Option Agreement (Amneal Pharmaceuticals, Inc.), Stock Option Grant Notice And (Cognizant Technology Solutions Corp)

Commencement of Exercisability. (a) Subject to Participant’s continued employment with or service to a Company Group Member on each applicable vesting date and subject to Sections 3.2, 3.3, 5.9 5.10 and 5.14 5.15 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice. In addition, the Participant shall be entitled to accelerated vesting in certain circumstances pursuant to the terms of that certain Employment Agreement between the Participant and CoreSite, LLC, dated as of August 1, 2010, as such agreement may be amended or replaced from time to time (the “Employment Agreement”).

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (CoreSite Realty Corp), Restricted Stock Award Agreement (CoreSite Realty Corp)

Commencement of Exercisability. (a) Subject to Participant’s continued employment with or service to a Company Group Member on each applicable vesting date and subject to Sections 3.2, 3.3, 5.9 6.12 and 5.14 6.17 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

Appears in 2 contracts

Samples: Stock Option Agreement (BJ's Wholesale Club Holdings, Inc.), Stock Option Agreement (BJ's Wholesale Club Holdings, Inc.)

Commencement of Exercisability. (a1) Subject to Participant’s continued employment with or service to a Company Group Member on each through the applicable vesting date and subject to Sections 3.2anything in the Grant Notice, 3.3the Plan, 5.9 and 5.14 hereofthe IL Appendix, or this Agreement to the contrary, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

Appears in 1 contract

Samples: Stock Option Grant Notice And (Lemonade, Inc.)

Commencement of Exercisability. (a) Subject to Participant’s continued employment with or service to a Company Group Member on each applicable vesting date and subject to Sections 3.2, 3.3, 5.9 and 5.14 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.. US-LEGAL-11455062/3 176283-0002

Appears in 1 contract

Samples: Notice and Agreement (Li-Cycle Holdings Corp.)

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Commencement of Exercisability. (a) Subject to ParticipantHolder’s continued employment with or service to the Company or a Company Group Member Subsidiary on each applicable vesting date and subject to Sections 3.23.1(b),_3.2, 3.3, 5.9 6.9 and 5.14 6.15 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

Appears in 1 contract

Samples: Stock Option Agreement (Novan, Inc.)

Commencement of Exercisability. (a) Subject to Participant’s continued employment with or service to the Company or a Company Group Member Subsidiary on each applicable vesting date and subject to Sections 3.2, 3.3, 5.9 and 5.14 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.; and

Appears in 1 contract

Samples: Stock Option Agreement (Bioventus Inc.)

Commencement of Exercisability. (a) Subject to Participant’s continued employment with or service to a Company Group Member on each applicable vesting date and subject to Sections 3.2, 3.3, 5.9 6.9 and 5.14 6.16 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

Appears in 1 contract

Samples: Stock Option Agreement (Medpace Holdings, Inc.)

Commencement of Exercisability. (a) Subject to Participant’s continued employment with or service to a Company Group Member on each applicable vesting date and subject to Sections 3.2, 3.3, 5.9 and 5.14 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

Appears in 1 contract

Samples: Inducement Award Stock Option Grant Notice and Stock Option Agreement (CarLotz, Inc.)

Commencement of Exercisability. (a) Subject to Participant’s continued employment with or service to the Company or a Company Group Member Subsidiary on each applicable vesting date and subject to Sections 3.1(b), 3.1(c), 3.2, 3.3, 5.9 and 5.14 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

Appears in 1 contract

Samples: Stock Option Agreement (Camping World Holdings, Inc.)

Commencement of Exercisability. (a) Subject to ParticipantXxxxxx’s continued employment with or service to a Company Group Member on each applicable vesting date and subject to Sections 3.2, 3.3, 5.9 6.9 and 5.14 6.14 hereof, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice. Notwithstanding the foregoing, the Option shall not vest or be exercisable unless and until the stockholders of the Company approve the Plan in accordance with Section 12.3 of the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Better Choice Co Inc.)

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