Option Vesting Sample Clauses

Option Vesting. Options shall vest as follows:
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Option Vesting. Any shares covered by Company stock options, whether granted to you before, on or after the Effective Date) that are unvested and unexpired on the Termination Date, except for options that vest solely upon the achievement of a performance objective or objectives or options that have their vesting accelerate upon the achievement of a performance objective or objectives, will become fully vested and exercisable on the Termination Date if the shares otherwise would have vested (solely by virtue of your continued employment with the Company and not, directly or indirectly, due to a change of control of the Company) during the one-year period commencing on the Termination Date. Any other unvested options will be forfeited on the Termination Date.
Option Vesting. 100% of any options to purchase shares of common stock of the Company then held by the Director, which options are then subject to vesting, shall, notwithstanding any contrary provision in the option agreement or stock option plan pursuant to which such options had been granted, be accelerated and become fully vested and exercisable on the date immediately preceding the effective date of such termination. All other terms of the Director’s options shall remain in full force and effect.
Option Vesting. Unless otherwise determined by the Committee, Option Awards will vest 100% on the third anniversary of the Grant Date (“Vesting Date”), unless forfeited before such Vesting Date.
Option Vesting. If Executive terminates his employment -------------- pursuant to Section 5.7, all Options and related stock appreciation rights outstanding on the employment termination date shall vest and become exercisable for all of the underlying shares of CPC common stock as of that date, and any restrictions or forfeiture provisions applicable to any shares of CPC common stock or stock units awarded to Executive under any plan or arrangement maintained by CPC for his benefit shall lapse immediately on that date. Executive may exercise his Options or related stock appreciation rights at any time until the earlier of (i) the specified expiration date of the option term ------- or (ii) the expiration of the twelve (12)-month period measured from his termination date, and any Options or stock appreciation rights not exercised prior to the applicable expiration date shall lapse.
Option Vesting. Twenty-five percent (25%) of the Option shall vest on the earlier of the Company’s initial public offering of common stock or September 1, 2014 and the balance of the Option shall vest in equal monthly amounts over a period of the next three years, all upon the execution and delivery of the non-qualified stock option agreement governing the Option, as applicable, provided, that in each case, the Employee continues to be an active full-time employee of the Company on the applicable vesting date; and provided further, that, if there shall occur a Change in Control (as defined in Section 4.3(c)) prior to the date on which the Option is fully vested, then the entire unvested portion of such stock, options or rights shall become immediately vested. In addition, the entire unvested portion of the Option shall become immediately vested upon the Employee’s death, Permanent Disability, Termination Without Cause or Termination for Good Reason (all as defined in Section 5 of this Agreement) if the Employee was an active full-time employee of the Company immediately before the applicable vesting termination event.
Option Vesting. The Option is fully vested and is exercisable on October 26, 2006.
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Option Vesting. Subject to the provisions of this Agreement and the Plan and the Optionee’s continued employment with the Company on the applicable vesting dates, the Option will become exercisable with respect to [one fourth of Shares subject thereto immediately on the Date of Grant and with respect to an additional one fourth of such shares on each of the first three anniversaries of the Date of Grant] [one fourth of Shares subject thereto on each of the first four anniversaries of the Date of Grant].(1)
Option Vesting. All options or warrants hereafter granted by the Company to its employees, officers, directors, consultants or advisors (“Restricted Parties”), all Options previously granted to Restricted Parties by the Company’s Board of Directors but not yet evidenced by an Option grant, and all restricted stock purchase agreements hereafter entered into by the Company with Restricted Parties, will be subject to a vesting schedule providing for twenty-five percent (25%) vesting after the first twelve (12) months of employment and daily vesting as to the remaining seventy-five percent (75%) of the shares over the following thirty six (36) months after the first anniversary of the employment commencement date, or such other vesting schedule as is approved by the Company’s Board of Directors or Compensation Committee of the Board of Directors.
Option Vesting. Except as unanimously approved by the Board of Directors, all options, restricted stock and similar equity compensation shall vest at the rate of 1/4 of the shares one year following either the date of grant or the commencement of the optionee’s employment and 1/48 per month thereafter.
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