Common use of Exercisability Schedule Clause in Contracts

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date ( %) ( %) ( %) ( %) ( %) * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Brightcove Inc), Incentive Stock Option Agreement (Surface Oncology, Inc.), Incentive Stock Option Agreement (Mevion Medical Systems, Inc.)

AutoNDA by SimpleDocs

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such datesindicated: Incremental Number of Option Shares Exercisable* Exercisable Exercisability Date ( %) )% ( %) )% ( %) )% ( %) )% ( %) * Max. of $100,000 per yr. )% Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement for Company Employees (Mac-Gray Corp), Non Qualified Stock Option Agreement (Mac-Gray Corp)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such datesindicated: Incremental Number of Option Shares Exercisable* Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) * Max. of $100,000 per yr. Expiration Date ------------------------- ------------------- --------------- Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Vicor Corp), Non Qualified Stock Option Agreement (Vicor Corp)

Exercisability Schedule. No portion of this the Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this the Stock Option shall be become vested and exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of in service to the Company or a Subsidiary (as defined in the Plan) as a Consultant on such dates: Incremental Number of Option Shares Exercisable* Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) * Max. of $100,000 per yr. Once exercisable, this the Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Rocket Pharmaceuticals, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such datesindicated: Incremental Number of Option Shares Exercisable* Exercisability Date ( (___%) ( (___%) ( (___%) ( (___%) ( (___%) * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Eagle Test Systems, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date ( %) )% ( %) )% ( %) )% ( %) )% ( %) )% * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (HOOKIPA Pharma Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such datesindicated: Incremental Number of Option Shares Exercisable* Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (DiamondRock Hospitality Co)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date ( (___%) ( (___%) ( %) ( %) ( (___%) * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Biodelivery Sciences International Inc)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the vesting or exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of continues to have a Service Relationship with the Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date ( _____________ (___%) ( _____________ (___%) ( _____________ (___%) ( _____________ (___%) ( _____________ (___%) * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Open Lending Corp)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 1 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or in a Subsidiary [Service Relationship] on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date ( %) ( %) ( %) ( %) ( %) * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Akili, Inc.)

AutoNDA by SimpleDocs

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or in a Subsidiary Business Relationship (as defined in Section 3 below) on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date ( %) )% ( %) )% ( %) )% ( %) ( %) )% * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Amag Pharmaceuticals Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 1 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date ( %) ( %) ( %) ( %) ( %) * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Tango Therapeutics, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such datesindicated: Incremental Exercisability Date Number of Option Shares Exercisable* Exercisability Date ( %) ( %) ( %) ( %) ( %) Cumulative Percentage Exercisable (25 )% (25 )% (25 )% (50 )% (25 )% (75 )% (25 )% (100 )% * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to unless the provisions hereof and of the PlanStock Option is terminated sooner as provided herein.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Watts Water Technologies Inc)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisableexercisable according to the vesting schedule below or in accordance with Section 3. Except as set forth belowin Section 3, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunderschedule, this Stock Option shall be become exercisable with respect in equal monthly installments, rounded down to the following number nearest whole share of Option Shares Stock, over [ ] from the Grant Date commencing on the dates indicated so long as the Optionee remains an employee [ ] of the Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date ( %) ( %) ( %) ( %) ( %) * Max. of $100,000 per yr. Grant Date.1 Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan. 1 Maximum of $100,000 per year as “incentive stock options” per Section 5(e) of the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Aegerion Pharmaceuticals, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date ( ___________ (___%) ( %) ( %) ( %) ( %) ____________ * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (HarborOne Bancorp, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.