IN OPTIONS. The Option becomes vested as to _____ percent of the shares purchasable pursuant to the Option on the first anniversary of the date of grant (the first "Anniversary Date"), if Optionee has been providing services to Corporation continuously from the date of grant to the Anniversary Date. Thereafter, so long as continuous service has not been interrupted, the Option becomes vested as to an additional _________ percent of the shares subject to the Option after each of the next ______ Anniversary Dates. Service for this purpose includes service as an employee, director, advisor or consultant providing bona fide services to Corporation or an Affiliate. For purposes of the Stock Option Agreement, termination of service would not be deemed to occur if the Optionee, after terminating service in one capacity, continues to provide service to Corporation or an Affiliate in another capacity. Termination of service is sometimes also referred to herein as termination of employment or other relationship with Corporation or an Affiliate.
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IN OPTIONS. The Option becomes vested as to _____ twenty percent of the shares purchasable pursuant to the Option on the first anniversary of the date of grant _____________ (the first "Anniversary Date"), if the Optionee has been providing services to Corporation the Company or any of its affiliates continuously from the date of grant to the Anniversary Date. Thereafter, so long as continuous the Optionee's service has not been interrupted, the Option becomes vested as to an additional _________ twenty percent of the shares subject to the Option after each of the next ______ four Anniversary Dates. Service for this purpose includes service as an employee, director, advisor or consultant providing bona fide services to Corporation the Company or an Affiliateany of its affiliates. For purposes of the this Stock Option Agreement, termination of service would not be deemed to occur if the Optionee, after terminating service in one capacity, continues to provide service to Corporation the Company or an Affiliate any of its affiliates in another capacity. Termination of service is sometimes also referred to herein as termination of employment or other relationship with Corporation the Company or an Affiliateany of its affiliates.
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Sources: Director Non Incentive Stock Option Agreement (Global Imaging Systems Inc)
IN OPTIONS. The Option becomes vested as to _____ twenty percent of the shares purchasable pursuant to the Option on the first anniversary of the date of grant August 1, 1999 (the first "Anniversary Date"), if the Optionee has been providing services to Corporation the Company or any of its affiliates continuously from the date of grant to the Anniversary Date. Thereafter, so long as continuous the Optionee's service has not been interrupted, the Option becomes vested as to an additional _________ twenty percent of the shares subject to the Option after each of the next ______ four Anniversary Dates. Service for this purpose includes service as an employee, director, advisor or consultant providing bona fide services to Corporation the Company or an Affiliateany of its affiliates. For purposes of the this Stock Option Agreement, termination of service would not be deemed to occur if the Optionee, after terminating service in one capacity, continues to provide service to Corporation the Company or an Affiliate any of its affiliates in another capacity. Termination of service is sometimes also referred to herein as termination of employment or other relationship with Corporation the Company or an Affiliateany of its affiliates.
Appears in 1 contract
Sources: Director Non Incentive Stock Option Agreement (Global Imaging Systems Inc)
IN OPTIONS. The Option becomes vested as to _____ 50 percent of the shares purchasable pursuant to the Option on the first anniversary of the date of grant (the first second "Anniversary Date"), if the Optionee has been providing services to the Corporation or any of its Affiliates continuously from the date of grant to the Anniversary Date. Thereafter, so long as continuous service has not been interrupted, the Option becomes vested as to an additional _________ 25 percent of the shares subject to the Option after each of the next ______ two Anniversary Dates. Service for this purpose includes service as an employee, director, advisor or consultant providing bona fide services to the Corporation or an Affiliateany of its Affiliates. For purposes of the this Stock Option Agreement, termination of service would not be deemed to occur if the Optionee, after terminating service in one capacity, continues to provide service to the Corporation or an Affiliate any of its Affiliates in another capacity. Termination of service is sometimes also referred to herein as termination of employment or other relationship with the Corporation or an Affiliateany of its Affiliates.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Itc Deltacom Inc)