Common use of Exercise Schedule Clause in Contracts

Exercise Schedule. Except as otherwise provided in Sections 6 or 9 of this Agreement, or in the Plan, the Option is exercisable in installments as provided below, which shall be cumulative. To the extent that the Option has become exercisable with respect to a percentage of Shares as provided below, the Option may thereafter be exercised by the Optionee, in whole or in part, at any time or from time to time prior to the expiration of the Option as provided herein. The following table indicates each date (the "Vesting Date") upon which the Optionee shall be entitled to exercise the Option with respect to the percentage of Shares granted as indicated beside the date, provided that the Optionee has continued as a Service Provider through and including the applicable Vesting Date: NUMBER OF SHARES VESTING DATE ---------------- ------------ Except as otherwise specifically provided herein, there shall be no proportionate or partial vesting in the periods prior to each Vesting Date, and all vesting shall occur only on the appropriate Vesting Date. Upon an Optionee's termination of Service, any unvested portion of the Option shall terminate and be null and void.

Appears in 2 contracts

Sources: Incentive Stock Option Agreement (Us Dataworks Inc), Director Stock Option Agreement (Us Dataworks Inc)

Exercise Schedule. Except as otherwise provided in Sections 6 or 9 of this Agreement, or in the Plan, the Option is exercisable in installments as provided below, which shall be cumulative. To the extent that the Option has become exercisable with respect to a percentage of Shares as provided below, the Option may thereafter be exercised by the Optionee, in whole or in part, at any time or from time to time prior to the expiration of the Option as provided herein. The following table indicates each date (the "Vesting Date") upon which the Optionee shall be entitled to exercise the Option with respect to the percentage of Shares granted as indicated beside the date, provided that the Optionee has continued as been continuously employed by the Company or a Service Provider Subsidiary through and including on the applicable Vesting Date: NUMBER OF SHARES VESTING DATE ---------------- ------------ Percentage of Shares Vesting Date Except as otherwise specifically provided herein, there shall be no proportionate or partial vesting in the periods prior to each Vesting Date, and all vesting shall occur only on the appropriate Vesting Date. Upon Except as otherwise specifically provided herein, upon an Optionee's termination of Serviceemployment with the Company and its Subsidiaries, any unvested portion of the Option shall terminate and be null and void.

Appears in 2 contracts

Sources: Stock Option Agreement (World Commerce Online Inc), Stock Option Agreement (World Commerce Online Inc)

Exercise Schedule. Except as otherwise provided in Sections Section 6 or Section 9 of this Agreement, or in the Plan, the Option is shall vest and become exercisable in installments as provided below, which shall be cumulative. To the extent that the Option has vested and become exercisable with respect to a percentage of Shares as provided below, the Option may thereafter be exercised by the Optionee, in whole or in part, for the exercisable portions at any time or from time to time prior to the expiration of the Option as provided herein. The following table indicates each date (the "Vesting Date") upon which the Optionee shall be entitled to exercise the Option with respect to the percentage of Shares granted as indicated beside the date, provided that the Continuous Service of the Optionee has continued as a Service Provider continues through and including on the applicable Vesting Date: NUMBER OF SHARES VESTING DATE ---------------- ------------ Percentage of Shares Vesting Date % % Except as otherwise specifically provided herein, there shall be no proportionate or partial vesting in the periods prior to each Vesting Date, and all vesting shall occur only on the appropriate Vesting Date. Upon an Optionee's the termination of the Optionee’s Continuous Service, any unvested portion of the Option shall terminate and be null and void.

Appears in 2 contracts

Sources: Stock Option Agreement, Stock Option Agreement (Lifelock, Inc.)

Exercise Schedule. Except as otherwise provided in Sections Section 6 or 9 of this Agreement, or in the Plan, the Option is exercisable in installments as provided below, which shall be cumulative. To the extent that the Option has become exercisable with respect to a percentage of Shares as provided below, the Option may thereafter be exercised by the Optionee, in whole or in part, at any time or from time to time prior to the expiration of the Option as provided herein. The following table indicates each date (the "Vesting Date") upon which the Optionee shall be entitled to exercise the Option with respect to the percentage of Shares granted as indicated beside the date, provided that the Optionee has continued as been continuously employed by the Company or a Service Provider Subsidiary through and including on the applicable Vesting Date: NUMBER OF SHARES VESTING DATE ---------------- ------------ Percentage of Shares Vesting Date Except as otherwise specifically provided herein, there shall be no proportionate or partial vesting in the periods prior to each Vesting Date, and all vesting shall occur only on the appropriate Vesting Date. Upon an Optionee's termination of Serviceemployment with the Company and its Subsidiaries, any unvested portion of the Option shall terminate and be null and void.

Appears in 2 contracts

Sources: Stock Option Agreement (World Commerce Online Inc), Stock Option Agreement (World Commerce Online Inc)

Exercise Schedule. Except as otherwise provided in Sections 6 or 9 of this Agreement, or in the Plan, the Option is exercisable in installments as provided below, which shall be cumulative. To the extent that the Option has become exercisable with respect to a percentage the number of Shares as provided below, the Option may thereafter be exercised by the Optionee, in whole or in part, at any time or from time to time prior to the expiration of the Option as provided herein. The following table indicates each date (the "Vesting Date") upon which the Optionee shall be entitled to exercise the Option with respect to the percentage of Shares granted as indicated beside the date, provided that the Continuous Service of the Optionee has continued as a Service Provider continues through and including on the applicable Vesting Date: NUMBER OF SHARES VESTING DATE ---------------- ------------ / / / / / / / / Except as otherwise specifically provided herein, there shall be no proportionate or partial vesting in the periods prior to each Vesting Date, and all vesting shall occur only on the appropriate Vesting Date. Upon an Optionee's the termination of Servicethe Optionee’s Continuous Service with the Company and its Related Entities, any unvested portion of the Option shall terminate and be null and void.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Perry Ellis International Inc)

Exercise Schedule. Except as otherwise provided in Sections Section 6 or 9 Section 10 of this Agreement, or in the Plan, the Option is shall vest and become exercisable in installments as provided below, which shall be cumulative. To the extent that the Option has vested and become exercisable with respect to a percentage of Shares as provided below, the Option may thereafter be exercised by the Optionee, in whole or in part, for the exercisable portions at any time or from time to time prior to the expiration of the Option as provided herein. The following table indicates each date (the "Vesting Date") upon which the Optionee shall be entitled to exercise the Option with respect to the percentage of Shares granted as indicated beside the date, provided that the Continuous Service of the Optionee has continued as a Service Provider continues through and including on the applicable Vesting Date: NUMBER OF SHARES VESTING DATE ---------------- ------------ Percentage of Shares Vesting Date % % Except as otherwise specifically provided herein, there shall be no proportionate or partial vesting in the periods prior to each Vesting Date, and all vesting shall occur only on the appropriate Vesting Date. Upon an Optionee's the termination of Servicethe Optionee’s Continuous Service with the Company and its Related Entities, any unvested portion of the Option shall terminate and be null and void.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Lifelock, Inc.)

Exercise Schedule. Except as otherwise provided in Sections 6 or 9 of this Agreement, or in the Plan, the Option is exercisable in installments as provided below, which shall be cumulative. To the extent that the Option has become exercisable with respect to a percentage of Shares as provided below, the Option may thereafter be exercised by the Optionee, in whole or in part, at any time or from time to time prior to the expiration of the Option as provided herein. The following table indicates each date (Provided that the "Vesting Date") upon which Continuous Service of the Optionee continues through and on the applicable vesting date, the Optionee shall be entitled to exercise the Option with respect to the percentage of Shares granted as indicated beside the date, provided that in the Optionee has continued as a Service Provider through and including following table (the applicable Vesting Date: NUMBER OF SHARES VESTING DATE ---------------- ------------ ”): Number of Shares Vesting Date Except as otherwise specifically provided herein, there shall be no proportionate or partial vesting in the periods prior to each Vesting Date, and all vesting shall occur only on the appropriate Vesting Date. Upon an Optionee's the termination of Servicethe Optionee’s Continuous Service with the Company and its Related Entities, any unvested portion of the Option shall terminate and be null and void. The Committee, in its sole and absolute discretion, may accelerate all or any portion of the vesting of the Option at any time.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Perry Ellis International Inc)

Exercise Schedule. Except as otherwise provided in Sections Section 6 or 9 of this Agreement, hereof or in the Plan, the Option is Options are exercisable in installments as provided below, which shall be cumulative. To the extent that the Option has Options have become exercisable with respect to a percentage of Shares as provided below, the Option Options may thereafter be exercised by the Optionee, in whole or in part, at any time or from time to time prior to the expiration of the Option Options as provided herein. The following table indicates each date (the "Vesting Date") upon which the Optionee shall be entitled to exercise the Option Options with respect to the percentage of Shares granted as indicated beside the date, provided that the Continuous Service (as defined below) of the Optionee has continued as a Service Provider continues through and including on the applicable Vesting Date: NUMBER OF SHARES VESTING DATE ---------------- ------------ Except as otherwise specifically provided hereinherein or in the Optionee’s Service Agreement (as defined below), there shall be no proportionate or partial vesting in the periods prior to each Vesting Date, and all vesting shall occur only on the appropriate Vesting Date. Upon an Except as otherwise specifically provided in the Optionee's ’s Service Agreement, upon the termination of the Optionee’s Continuous Service, any unvested portion of the Option Options shall terminate and be null and void.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (PASSUR Aerospace, Inc.)

Exercise Schedule. Except as otherwise provided in Sections 6 or 9 of this Agreement, or in the Plan, the Option is exercisable in installments as provided below, which shall be cumulative. To the extent that the Option has become exercisable with respect to a percentage of Shares as provided below, the Option may thereafter be exercised by the Optionee, in whole or in part, at any time or from time to time prior to the expiration of the Option as provided herein. The following table indicates each date (the "Vesting Date") upon which the Optionee shall be entitled to exercise the Option with respect to the percentage of Shares the Option granted as indicated beside the date, provided that the Continuous Service of the Optionee has continued as a Service Provider continues through and including on the applicable Vesting Date: NUMBER OF SHARES VESTING DATE ---------------- ------------ Except as otherwise specifically provided hereinin Section 9, there shall be no proportionate or partial vesting in the periods prior to each Vesting Date, and all vesting shall occur only on the appropriate Vesting Date. Upon an Optionee's the termination of Servicethe Optionee’s Continuous Service with the Company and its Related Entities, any unvested portion of the Option shall terminate and be null and void, except as may otherwise be determined by the Committee in writing in its sole discretion.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Destination Xl Group, Inc.)

Exercise Schedule. (a) Except as otherwise provided in Sections 3(b) and 6 or 9 of this Agreement, or in the Plan, the Option is exercisable in installments as provided below, which shall be cumulative. To the extent that the Option has become exercisable with respect to a percentage of Shares as provided below, the Option may thereafter be exercised by the Optionee, in whole or in part, at any time or from time to time prior to the expiration of the Option as provided herein. The following table indicates each date (the "Vesting Date") upon which the Optionee shall be entitled to exercise the Option with respect to the percentage of Shares granted as indicated beside the date, provided that the Continuous Service (as defined below) of the Optionee has continued as a Service Provider continues through and including on the applicable Vesting Date: NUMBER OF SHARES VESTING DATE ---------------- ------------ Except as otherwise specifically provided herein, there shall be no proportionate or partial vesting in the periods prior to each Vesting Date, and all vesting shall occur only on the appropriate Vesting Date. Upon an Optionee's the termination of the Optionee’s Continuous Service, any unvested portion of the Option shall terminate and be null and void. (b) Notwithstanding anything to the contrary herein or in the Plan, upon a Change of Control of the Company during the Optionee’s Continuous Service with the Company and its Related Entities, the unvested portion of the Option shall immediately vest, in full, as of the date of such Change of Control.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (PASSUR Aerospace, Inc.)

Exercise Schedule. Except as otherwise provided in Sections Section 6 or 9 of this AgreementSection 9, or in the Plan, the this Option is exercisable in installments as provided below, which shall be cumulative. To the extent that the this Option has become exercisable with respect to a percentage of Shares as provided below, the this Option may thereafter be exercised by the Optionee, in whole or in part, at any time or from time to time prior to the expiration of the this Option as provided hereinherein with respect to the percentage of Shares that have vested. The following table indicates each date (the "each, a “Vesting Date") upon which the Optionee shall be entitled to exercise the this Option with respect to the percentage of Shares granted as indicated beside the dateapplicable Vesting Date, provided that the Continuous Service of the Optionee has continued as a Service Provider continues through and including on the applicable Vesting Date: NUMBER OF SHARES VESTING DATE ---------------- ------------ Except as otherwise specifically provided herein, there shall be no proportionate or partial vesting in the periods prior to each Vesting Date, and all vesting shall occur only on the appropriate applicable Vesting Date. Upon an Optionee's the termination of the Optionee’s Continuous Service, any unvested portion of the this Option shall terminate and be null and void.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (GlassesOff Inc.)