Commencement of Vesting and Exercisability. (a) Subject to the Optionee’s continued employment with the Company or its Subsidiaries through the applicable vesting date, the Earned Performance Shares shall vest and become exercisable according to a vesting schedule that is set forth in a Schedule to the Agreement or provided to the Optionee through the Optionee’s online account with the Company’s designated broker/stock plan administrator, and is in accordance with the periods set forth in Section 3.3 below
Commencement of Vesting and Exercisability. (a) The Earned Performance Shares shall vest and become exercisable as follows: Percentage of Earned Vesting Date Performance Shares Second anniversary of Grant Date [INSERT DATE] [ ]% Third anniversary of Grant Date [INSERT DATE] [ ]% Fourth anniversary of Grant Date [INSERT DATE] [ ]% Fifth anniversary of Grant Date [INSERT DATE] [ ]%
Commencement of Vesting and Exercisability. Subject to Section 3.3, the Options shall become vested and exercisable in accordance with the following provisions. Regardless of such date or dates of vesting and exercisability, the underlying shares of Common Stock acquired upon exercise of the Options may not be sold within the first six (6) months of the Date of Grant. If the Options are Annual Options, the Options shall be fully vested and exercisable on the Date of Grant. If the Options are Initial Options, 1/3rd of the Option shares shall vest and become exercisable on the Date of Grant, 1/3rd of the Option shares shall vest and become exercisable on the one-year anniversary of the Date of Grant, and the remaining 1/3rd of the Option shares shall vest and become exercisable on the two-year anniversary of the Date of Grant. Except as provided in Section 3.4 below, vesting of the Option shares will cease and the Option will expire with respect to any unvested shares immediately upon Optionee’s voluntary or involuntary termination of service as a member of the Board.
Commencement of Vesting and Exercisability. (a) Subject to Sections 3.1(b) and 3.1(c), the Option shall become vested in four (4) cumulative installments as follows:
Commencement of Vesting and Exercisability. (a) The Earned Performance Shares shall vest and become exercisable as follows: Percentage of Earned Performance Shares Third anniversary of date of grant 50 % Fourth anniversary of date of grant 25 % Fifth anniversary of date of grant 25 %
Commencement of Vesting and Exercisability. (a) Subject to the Executive's continued employment with the Company or its Subsidiaries through the applicable vesting date, the Option shall vest and become exercisable according to the vesting schedule set forth below and the terms of the Employment Agreement and shall remain exercisable through the periods set forth in Section 3.2 below: 6598120-v7\GESDMS Date the Option Becomes Vested and Exercisable Percentage of the Option that Becomes Vested and Exercisable 10 May 2014 10 May 2015 10 May 2016 33% 33% 34%
Commencement of Vesting and Exercisability. (a) Subject to the Optionee’s continued employment with the Xxxxxx Group through the applicable vesting date (set forth in the left column), the Earned Performance Shares shall vest and become exercisable in accordance with Section 3.2 below: Percentage of Earned Date Earned Performance Shares Performance Shares that Become Become Vested and Exercisable Vested and Exercisable Second anniversary of Grant Date [INSERT DATE] [insert] % Third anniversary of Grant Date [INSERT DATE] [insert] % Fourth anniversary of Grant Date [INSERT DATE] [insert] % Fifth anniversary of Grant Date [INSERT DATE] [insert] %
Commencement of Vesting and Exercisability. (a) The Earned Performance Shares shall vest and become exercisable as follows: Percentage of Earned Vesting Date Performance Shares
Commencement of Vesting and Exercisability. (a) Subject to the Optionee’s continued employment with the Xxxxxx Group through the applicable vesting date (set forth in the left column) and the terms of the Employment Agreement, the Option shall vest and become exercisable according to the following vesting schedule: Date Options Become Earned Percentage of Shares under Option that are Earned Options [_______] anniversary of the Grant Date [_______]% [_______] anniversary of the Grant Date [_______]%
Commencement of Vesting and Exercisability. (a) Subject to the Optionee’s continued employment with the Xxxxxx Group through the applicable vesting date (set forth in the left column, the Shares shall vest and become exercisable in accordance with Section 3.2 below: Date Option Becomes Vested and Percentage of Shares under Option as to Exercisable which Become Exercisable Shares On or after [insert date] [insert]% On or after [insert date] [insert]% On or after [insert date] [insert]% On or after [insert date] [insert]%
