Reverse Vesting. The Committee in its sole discretion may allow a Participant to exercise unvested Options, in which case the Shares then issued shall be Restricted Shares having analogous vesting restrictions to the unvested Options.
Appears in 14 contracts
Samples: Stock Option Award Agreement (Commerce Energy Group, Inc.), Award Agreement (Commerce Energy Group, Inc.), Restricted Share Award Agreement (Commerce Energy Group, Inc.)
Reverse Vesting. The Committee in its sole discretion may allow a Participant to exercise unvested Options, in which case the Shares then issued shall be Restricted Shares Share Units having analogous vesting restrictions to the unvested Options.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Trizetto Group Inc)
Reverse Vesting. The Committee in its sole and absolute discretion may allow a Participant to exercise unvested Options, in which case the Shares then issued shall be Restricted Shares having analogous vesting restrictions to the unvested Options.
Appears in 1 contract
