Common use of Ordinary Share Clause in Contracts

Ordinary Share. Subject to Section 1(a)(ii) and to the other accelerated vesting provisions of this Agreement, eight hundred thirty-two thousand five hundred forty-five (832,545) Annual Options shall vest in full and become immediately exercisable on the last day of each of the Compensation Periods (or portion thereof) that follow the date of this Agreement, with the options granted earliest to vest first and the options available under the Current Plan to vest earliest. The exercise price per Ordinary Share under each Annual Option shall equal the Market Price per Ordinary Share as of the date of grant of such Annual Option. Each Annual Option shall be exercisable through the tenth (10th) anniversary of the date of its grant.