Initial Exercisability. Subject to paragraph 5 below, the Option, to the extent that there has been no Termination of Service and the Option has not otherwise expired or been forfeited, shall first become exercisable in equal installments on the first three anniversaries of the date hereof.
Appears in 3 contracts
Sources: Option Award Agreement (Retail Opportunity Investments Corp), Option Award Agreement (Retail Opportunity Investments Corp), Option Award Agreement (Retail Opportunity Investments Corp)
Initial Exercisability. Subject to paragraph 5 below, the OptionOptions, to the extent that there has been no Termination of Service and the Option has Options have not otherwise expired or been forfeited, shall first become exercisable (unless sooner exercisable in equal installments on the first three anniversaries accordance with Section 15 of the date hereof.Plan) as follows:
Appears in 3 contracts
Sources: Incentive Stock Option Award Agreement (Belvedere Trust Mortgage CORP), Non Qualified Stock Option Award Agreement (Belvedere Trust Mortgage CORP), Stock Option Award Agreement (Anworth Mortgage Asset Corp)
Initial Exercisability. Subject to paragraph 5 below, the Option, to the extent that there has been no Termination of Service and the Option has not otherwise expired or been forfeited, shall first become exercisable in equal installments on the first three five anniversaries of the date hereof.
Appears in 2 contracts
Sources: Option Award Agreement (Retail Opportunity Investments Corp), Option Award Agreement (Retail Opportunity Investments Corp)
Initial Exercisability. Subject to paragraph Paragraph 5 below, the Option, to the extent that there has been no Termination of Service and the Option has not otherwise expired or been forfeited, shall first become exercisable in equal installments on the first three anniversaries of the date hereof.as follows: April 1, 2022 33.33% April 1, 2023 33.33% April 1, 2024 33.34%
Appears in 1 contract