Common use of Cumulative Exercisability Clause in Contracts

Cumulative Exercisability. To the extent Executive does not, at the time of a particular exercise, purchase all the shares of Common Stock that Executive may then purchase, Executive has the right cumulatively thereafter to purchase any of such shares of Common Stock not so purchased until the Expiration Date or, if applicable, the earlier termination of the Option.

Appears in 7 contracts

Samples: Qualified Stock Option Award Agreement (Directv), Non Qualified Stock Option Agreement (Ballantyne Strong, Inc.), 2014 Non Qualified Stock Option Award Agreement (Directv)

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Cumulative Exercisability. To the extent Executive does not, not at the time of a particular exercise, exercise purchase all the shares of Common Stock that Executive may then purchaseexercise for any particular Option or Options, Executive has the right cumulatively thereafter to purchase any of such shares of Common Stock not so purchased until the Expiration Date or, if applicable, the earlier termination of the Optionapplicable Option terminates or expires.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Directv Group Inc)

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