Common use of Exercise; Restriction on Exercise Clause in Contracts

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.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Digital Fusion Inc/Nj/), Non Qualified Stock Option Agreement (Madison Run, LLC), H Non Qualified Stock Option Agreement (Madison Run, LLC)

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Exercise; Restriction on Exercise. No unvested Options shall be exerciseableexercisable. All vested Options shall become exercisable at the time they first vest and shall cease to be exercisable at the time they expire and are forfeited as provided in Section 2.5 or Article V.4.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Nyfix Inc), Non Qualified Stock Option Agreement (iDcentrix, Inc.), Non Qualified Stock Option Agreement (iDcentrix, Inc.)

Exercise; Restriction on Exercise. No unvested Options shall be exerciseableexercisable. All vested Options shall become exercisable at the time they first vest and shall cease to be exercisable at the time they expire and are forfeited as provided in Section 2.5 or Article V.4. 2.5

Appears in 3 contracts

Samples: Plan Non Qualified Stock Option Agreement (Nyfix Inc), Non Qualified Stock Option Agreement (Nyfix Inc), Plan Non Qualified Stock Option Agreement (Nyfix Inc)

Exercise; Restriction on Exercise. No unvested Options shall be exerciseableexercisable. All vested Options shall become exercisable at the time they first vest and shall cease to be exercisable at the time they expire and are forfeited as provided in Section 2.5 or Article V.IV. 2.5

Appears in 2 contracts

Samples: Qualified Stock Option Agreement (Nyfix Inc), Option Plan Non Qualified Stock Option Agreement (Nyfix Inc)

Exercise; Restriction on Exercise. No unvested Options shall be exerciseableexercisable. 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 3.5 or Article V.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Graftech International LTD)

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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 3.4 or Article V.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Crippen Roy E Iii)

Exercise; Restriction on Exercise. No unvested Options shall be exerciseableexercisable. All earned and vested Options shall become exercisable at the time they first vest set forth above and shall cease to be exercisable at the time they expire and are forfeited as provided in Section 2.3 of Article V.4.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Nyfix Inc)

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