Common use of Exercise and Closing Clause in Contracts

Exercise and Closing. Subject to such further limitations as are provided herein, the Option to Purchase shall become exercisable in three (3) installments, the Optionee having the right hereunder to purchase from ScanSource the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:

Appears in 4 contracts

Samples: Stock Option Agreement (Scansource Inc), Stock Option Agreement (Scansource Inc), Stock Option Agreement (Scansource Inc)

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Exercise and Closing. Subject to such further limitations as are --------------------- provided herein, the Option to Purchase shall become exercisable in three (3) installments, the Optionee having the right hereunder to purchase from ScanSource the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:

Appears in 1 contract

Samples: Stock Option Agreement (Scansource Inc)

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