Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four (4) installments, the Grantee having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion: (i) on and after the first anniversary of the Date of ▇▇▇▇▇, up to 25% (ignoring fractional shares) of the total number of Option Shares; (ii) on and after the second anniversary of the Date of ▇▇▇▇▇, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and (iii) on and after the third anniversary of the Date of ▇▇▇▇▇, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and (iv) on and after the fourth anniversary of the Date of ▇▇▇▇▇, the remaining Option Shares.
Appears in 4 contracts
Sources: Incentive Stock Option Agreement (Fidelity Leasing Inc), Grant of Incentive Stock Option (Fidelity Leasing Inc), Incentive Stock Option Agreement (Fidelity Leasing Inc)
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four three (43) installments, the Grantee ▇▇▇▇▇▇▇ having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:
(i) on and after the first anniversary of the Date of ▇▇▇▇▇, Grant up to 25% one-third (ignoring fractional shares) of the total number of Option Shares;
(ii) on and after the second anniversary of the Date of ▇▇▇▇▇, up to an additional 25% one-third (ignoring fractional shares) of the total number of Option Shares; and
(iii) on and after the third anniversary of the Date of ▇▇▇▇▇, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and
(iv) on and after the fourth anniversary of the Date of ▇▇▇▇▇, the remaining Option Shares.
Appears in 3 contracts
Sources: Nonqualified Stock Option Agreement (NRG Generating U S Inc), Nonqualified Stock Option Agreement (NRG Generating U S Inc), Incentive Stock Option Agreement (NRG Generating U S Inc)
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four three (43) installments, the Grantee having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:
(ia) on and after the first anniversary of the Date of ▇▇▇▇▇Grant, up to 25% one-third (ignoring fractional shares) of the total number of Option Shares;
(iib) on and after the second anniversary of the Date of ▇▇▇▇▇Grant, up to an additional 25% one-third (ignoring fractional shares) of the total number of Option Shares; and,
(iiic) on and after the third anniversary of the Date of ▇▇▇▇▇, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and
(iv) on and after the fourth anniversary of the Date of ▇▇▇▇▇Grant, the remaining Option Shares.
Appears in 2 contracts
Sources: Employment Agreement (Uci Medical Affiliates Inc), Employment Agreement (Uci Medical Affiliates Inc)
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four (4) installments, the Grantee having the right hereunder to purchase from the Company BPO the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:
(ia) on and after the first anniversary of the Date of ▇▇▇▇▇Grant, up to 25% one-fourth (ignoring fractional shares) of the total number of Option Shares;
(iib) on and after the second anniversary of the Date of ▇▇▇▇▇Grant, up to an additional 25% one-fourth (ignoring fractional shares) of the total number of Option Shares; and
(iiic) on and after the third anniversary of the Date of ▇▇▇▇▇Grant, up to an additional 25% one-fourth (ignoring fractional shares) of the total number of Option Shares; and
(ivd) on and after the fourth anniversary of the Date of ▇▇▇▇▇Grant, the remaining Option Shares.
Appears in 2 contracts
Sources: Nonstatutory Stock Option Agreement (BPO Management Services), Employment Agreement (BPO Management Services)
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four three (43) installments, the Grantee ▇▇▇▇▇▇▇ having the right hereunder to purchase from the Company the following number of Option Options Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:
(i) on and after the first anniversary of the Date of ▇▇▇▇▇, Grant up to 25% one- third (ignoring fractional shares) of the total number of Option Shares;
(ii) on and after the second anniversary of the Date of ▇▇▇▇▇, up to an additional 25% one-third (ignoring fractional shares) of the total number of Option Shares; and
(iii) on and after the third anniversary of the Date of ▇▇▇▇▇, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and
(iv) on and after the fourth anniversary of the Date of ▇▇▇▇▇, the remaining Option Shares.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (NRG Generating U S Inc)
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four three (43) installments, the Grantee having the right hereunder to purchase from the Company the following number of Option Options Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:
(i) on and after the first anniversary of the Date of ▇▇▇▇▇, Grant up to 25% one-third (ignoring fractional shares) of the total number of Option Shares;
(ii) on and after the second anniversary of the Date of ▇▇▇▇▇, up to an additional 25% one-third (ignoring fractional shares) of the total number of Option Shares; and
(iii) on and after the third anniversary of the Date of ▇▇▇▇▇, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and
(iv) on and after the fourth anniversary of the Date of ▇▇▇▇▇, the remaining Option Shares.
Appears in 1 contract
Sources: Nonqualified Stock Option Agreement (NRG Generating U S Inc)
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four (4) installments, the Grantee having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:
(i) on and after the first anniversary of the Date of ▇▇▇▇▇Grant, up to 25% (ignoring fractional shares) of the total number of Option SharesOpt▇▇▇ ▇hares;
(ii) on and after the second anniversary of the Date of ▇▇▇▇▇Grant, up to an additional 25% (ignoring fractional shares) of the total number ▇▇▇▇er of Option Shares; and
(iii) on and after the third anniversary of the Date of ▇▇▇▇▇Grant, up to an additional 25% (ignoring fractional shares) of the total number ▇▇▇▇er of Option Shares; and
(iv) on and after the fourth anniversary of the Date of ▇▇▇▇▇Grant, the remaining Option Shares.
Appears in 1 contract
Sources: Grant of Incentive Stock Option (Resource America Inc)
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four three (43) installments, the Grantee ▇▇▇▇▇▇▇ having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:
(i) on and after the first anniversary of the Date of ▇▇▇▇▇, Grant up to 25% one-third (ignoring fractional shares) of the total number of Option Shares;
(ii) on and after the second anniversary of the Date of ▇▇▇▇▇, up to an additional 25% one-third (ignoring fractional shares) of the total number of Option Shares; and
(iii) on and after the third anniversary of the Date of ▇▇▇▇▇, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and
(iv) on and after the fourth anniversary of the Date of ▇▇▇▇▇, the remaining Option Shares.. Exhibit 10.35.3
Appears in 1 contract
Sources: Stock Option Agreement (Cogeneration Corp of America)
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four three (43) installments, the Grantee ▇▇▇▇▇▇▇ having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:
(i) on and after the first anniversary of the Date of ▇▇▇▇▇, Grant up to 25% one-third (ignoring fractional shares) of the total number of Option Shares;
(ii) on and after the second anniversary of the Date of ▇▇▇▇▇, up to an additional 25% one-third (ignoring fractional shares) of the total number of Option Shares; andand Exhibit 10.35.4
(iii) on and after the third anniversary of the Date of ▇▇▇▇▇, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and
(iv) on and after the fourth anniversary of the Date of ▇▇▇▇▇, the remaining Option Shares.
Appears in 1 contract
Sources: Nonqualified Stock Option Agreement (Cogeneration Corp of America)
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four (4) installments, the Grantee having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:
: (i) on and after the first anniversary of the Date of ▇▇▇▇▇Grant, up to 25% (ignoring fractional shares) of the total number of Option Shares;
; (ii) on and after the second anniversary of the Date of ▇▇▇▇▇, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and
and (iii) on and after the third anniversary of the Date of ▇▇▇▇▇Grant, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and
and (iv) on and after the fourth anniversary of the Date of ▇▇▇▇▇Grant, the remaining Option Shares.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Fidelity Leasing Inc)
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four three (43) installments, the Grantee Participant having the right hereunder to purchase from the Company Bank the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:
(ia) on and after the first anniversary of the Date date of ▇▇▇▇▇this Agreement, up to 25% one-third (ignoring fractional shares) of the total number of Option Shares;
(iib) on and after the second anniversary of the Date date of ▇▇▇▇▇this Agreement, up to an additional 25% one-third (ignoring fractional shares) of the total number of Option Shares; and
(iiic) on and after the third anniversary of the Date date of ▇▇▇▇▇, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and
(iv) on and after the fourth anniversary of the Date of ▇▇▇▇▇this Agreement, the remaining Option Shares.
Appears in 1 contract
Sources: Stock Option Participant Agreement (First Chester County Corp)
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four three (43) installments, the Grantee ▇▇▇▇▇▇▇ having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:
(i) on and after the first anniversary of the Date of ▇▇▇▇▇, Grant up to 25% one-third (ignoring fractional shares) of the total number of Option Shares;
(ii) on and after the second anniversary of the Date of ▇▇▇▇▇, up to an additional 25% one-third (ignoring fractional shares) of the total number of Option Shares; and
(iii) on and after the third anniversary of the Date of ▇▇▇▇▇, up to an additional 25% (ignoring fractional shares) of the total number of Option Shares; and
(iv) on and after the fourth anniversary of the Date of ▇▇▇▇▇, the remaining Option Shares.. Exhibit 10.35.2
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Cogeneration Corp of America)