Exercise; Restriction on Exercise Sample Clauses
Exercise; Restriction on Exercise. No unvested Options shall be exerciseable. All vested Options shall become exercisable at the time they first vest and shall cease to be exercisable at the time they expire as provided in Article V.
Exercise; Restriction on Exercise. No unvested Options shall be exerciseable. All vested Options shall become exercisable at the time they first vest and shall cease to be exercisable at the time they expire as provided in Section 3.6 or Article V; provided, however, that no vested Options shall be exercisable until the first anniversary of the Grant Date (i.e., September 29, 1999) unless such Options shall be vested under Section 3.2 or 3.4.