Common use of Installment Exercise Clause in Contracts

Installment Exercise. Subject to any limitations in the Plan and Agreement, the Non-Qualified Stock Option shall become vested and exercisable in five (5) installments for the following percentage of the total number of Common Stock shares under the Option, on or after the following Date of Vesting indicated, in cumulative fashion: j. Participant agrees to exercise the Option in increments of not less than fifty (50) shares.

Installment Exercise. Subject to any conflicting limitations in the Plan and Agreement, the Non-Qualified Stock Option shall become vested and exercisable in five (5) installments for the following percentage of the total number of Common Stock shares under the Option, on or after the following Date of Vesting indicated, in cumulative fashion: j. Participant agrees to exercise the Option in increments of not less than fifty (50) shares.