Exercisability and Expiration Date Sample Clauses

Exercisability and Expiration Date. Options shall become exercisable only at and after the Exercisable Dates, and shall expire on the Expiration Date, except as follows:
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Exercisability and Expiration Date. Except as set forth below, one-third of the number of Shares subject to the Option, as reflected in the Participant’s Plan account maintained by Fidelity Stock Plan Services will become exercisable on each of the first, second and third anniversaries of the Grant Date (each, an “Exercisable Date”) (such that on the third anniversary of the Grant Date, the Option will be exercisable in full) but (except as specified below) only if the Participant has been continuously employed by the Company or one of its Subsidiaries to through such applicable Exercisable Date. The Option is exercisable in installments in accordance with the foregoing vesting schedule with the Exercise Price payable at the time of exercise. To the extent not exercised, exercisable installments will be cumulative and may be exercised in whole or in part until the Option terminates. The Option shall expire on [●] (the “Expiration Date”). The Option shall be immediately cancelled upon termination of employment, except as follows:
Exercisability and Expiration Date. The purchase right represented by this Option is fully vested and immediately exercisable.] The foregoing rights to exercise this Option shall be cumulative with respect to the Option Shares becoming exercisable on each such date, but in no event will this Option be exercisable after, and this Option shall become void and expire as to all unexercised Option Shares at, 5:00 p.m. Minneapolis, Minnesota time) on the day before the tenth anniversary of the Date of Grant (the “Time of Termination”).
Exercisability and Expiration Date. The Option may be exercised by Grantee, to the extent it has become exercisable as provided in clause (a)(ii) of this paragraph, in whole or in part, at any time within a period beginning on the Date of Grant (as defined on the last page of this Agreement) and ending on November 3, 2014 (the “Expiration Date”); provided, however, that such Option: (i) except as provided in Paragraph 2(c), below, may not be exercised unless the Grantee is at the time of exercise a Director of the Corporation and shall have been such continuously from the Date of Grant to the date of such exercise; and (ii) shall become exercisable at the rate of 20 percent of the shares subject to the Option at the end of the Grantee’s term of office that commenced on November 4, 2004, and an additional 20 percent at the end of each of the four succeeding terms of office thereafter.
Exercisability and Expiration Date. One-third of the number of options reflected in the Participant’s Plan account maintained by Fidelity Stock Plan Services (the “Options”) will become exercisable only at and after each of the first, second and third anniversaries of the Grant Date (each, an “Exercisable Date”) only if the Participant has been continuously employed by the Company or one of its Affiliates to each such date, such that on the third Exercisable Date, all of the Options subject to this Award Agreement will become exercisable. The Options shall expire on [●]. The Options shall be immediately cancelled upon termination of employment, except as follows:
Exercisability and Expiration Date. Options shall become exercisable only at and after March 4, 2015 (“Exercisable Date”), and shall expire on March 4, 2020 (“Expiration Date”), except as follows, and in each case, subject to achievement of the performance goals set forth in paragraph 2f. below:
Exercisability and Expiration Date. Any portion of the Option that has become vested may be exercised by Grantee, in whole or in part, at any time or from time to time on or before the tenth anniversary of the Grant Date (the “Expiration Date”) if Grantee remains continuously employed by the Corporation through the date of such exercise, and the Option otherwise will be exercisable if and to the extent so provided in Section 2(c) below. Except as provided in Section 2(c), the Option shall become vested and exercisable at the times and to the extent set forth below: Additional percentage of shares in During the period respect of which the commencing Option may be exercised 1st anniversary of the Grant Date 25% 2nd anniversary of the Grant Date 25% 3rd anniversary of the Grant Date 25% 4th anniversary of the Grant Date 25% provided, however, that only whole shares shall vest, and fractional shares (if any) produced by application of the relevant percentage will be added to the number of shares produced by application of the relevant percentage in the next vesting period, and will vest when a whole number is attained. Except as provided in this Agreement, the Option may not be exercised at any time other than as specified in this Section 2, and shall expire if not exercised in full on or before the Expiration Date.
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Exercisability and Expiration Date. The Option may be exercised by the Grantee, to the extent it has vested as provided in clause (a)(ii) of this paragraph, in whole or in part, at any time or from time to time on or before the tenth anniversary of the Grant Date (the “Expiration Date”); provided, however, that the Option: (i) except as provided in Paragraph 2(c) below, may not be exercised unless the Grantee is at the time of exercise a Director of the Corporation and shall have been such continuously from the Grant Date to the date of such exercise; and (ii) shall become exercisable at the rate of 25 percent of the shares subject to the Option at the end of the Grantee’s term of office that commenced on the Grant Date, and an additional 25 percent at the end of each of the three succeeding terms of office thereafter; provided, however, that only whole shares shall vest, and fractional shares (if any) produced by application of the relevant percentage will be added to the number of shares produced by application of the relevant percentage in the next vesting period, and will vest when a whole number is attained.
Exercisability and Expiration Date. Any portion of the Option that has become vested may be exercised by Grantee, in whole or in part, at any time or from time to time on or before the tenth anniversary of the Grant Date (the “Expiration Date”) if Grantee remains continuously employed by the Corporation through the date of such exercise, and the Option otherwise will be exercisable if and to the extent so provided in Section 2(c)
Exercisability and Expiration Date. The Option may be exercised by Grantee, in whole or in part, at any time or from time to time within a period beginning on the first anniversary of the Grant Date and ending on the day prior to tenth anniversary of the Grant Date (the “Expiration Date”); provided, however, that, except as provided in Paragraph 2(c) below, such Option: (i) may not be exercised unless Grantee is at the time of exercise an employee of the Corporation and shall have been such continuously from the date hereof to the date of such exercise; (ii) may not be exercised unless Grantee has been an employee of the Corporation for not less than one year; and (iii) shall be exercisable only at the 1 times and to the extent set forth below: Additional percentage of shares in During the period respect of which the commencing Option may be exercised 1st anniversary of the Grant Date 25% April 1, 2006 25% April 1, 2007 25% April 1, 2008 25% Except as provided in this Agreement, the Option may not be exercised at any time other than as specified in this Section 2, and shall expire if not exercised in full on or before the Expiration Date.
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