Rights to Exercise. The Holder shall have the right (but not the obligation) to exercise the Warrant, in whole in or in part, to receive the Warrant Stock, subject to adjustment hereunder, at any time on or before ___________, 2011 (the “Exercise Period”).
Rights to Exercise. The Holder shall have the right (but not the obligation) to exercise the Warrant to receive the Warrant Stock (subject to adjustment as hereinafter provided) at any time on or before ten years from date of this grant.
Rights to Exercise. The rights to exercise this Option shall vest with respect to 4,000,000 shares of Common Stock immediately, with respect to an additional 4,000,000 shares of Common Stock on August 4, 2009, and with respect to the remaining 4,000,000 shares of Common Stock on August 4, 2010.
Rights to Exercise. (a) The rights to exercise the Original Option and the Bonus Option are fully vested.
Rights to Exercise. This Option is exercisable during its term in accordance with the Vesting Schedule and Exercise Price set forth in the Notice of Grant and the applicable provisions of this Option Agreement. In the event of Optionee's death, Disability or other termination of Optionee's employment relationship, the exercisability of the Option shall be governed by the applicable provisions of the Employment Agreement dated the date hereof between the Optionee and the Company (the "Employment Agreement").
Rights to Exercise. (a) The rights represented by this Warrant may be exercised at any time on or after the first anniversary of the Effective Date and up through the Expiration Date, in whole or in part, by (i) the surrender of this Warrant (with the purchase form attached hereto as Exhibit A properly executed) at the principal executive office of the Company (or such other office or agency of the Company as it may designate by notice in writing to the Holder at the address of the Holder appearing on the books of the Company); and (ii) payment to the Company of the exercise price then in effect (subject to the provisions of subsection (c) below) for the number of shares specified in the above-mentioned purchase form together with applicable stock transfer taxes, if any. All payments under this Warrant may be made by cash (including wire transfer), check or cancellation of indebtedness. This Warrant shall be deemed to have been exercised, in whole or in part to the extent specified, immediately prior to the close of business on the date this Warrant is surrendered and payment is made in accordance with the foregoing provisions of this Section 2, and the person or persons in whose name or names the certificates for the shares shall be issuable upon such exercise shall become the holder or holders of record or such shares at that time and date. The shares and the certificates for the shares so purchased shall be delivered to the Holder within a reasonable time, not exceeding two (2) business days, after the rights represented by this Warrant shall have been so exercised.
Rights to Exercise. (a) The rights to exercise the Original Option and the Bonus Option shall vest - (i) as to 329,083 shares, on June 1, 2006; (ii) as to an additional 329,083 shares, on June 1, 2007; and (iii) as to the balance of 329,083 shares , on June 1, 2008.
Rights to Exercise. (a) The Option may not be exercised before __________, 199_. Thereafter, subject to the provisions of this Agreement, the Option shall be exercisable only as follows: Additional Vesting Period % Available Total % Available ---------------------- ----------- ----------------- On or after __________ but before __________ _____% _____% On or after __________ but before __________ _____% _____% On or after __________ but before __________ _____% _____% On or after __________ _____% _____%
Rights to Exercise. (a) The Option may not be exercised before __________, 199_. Thereafter, subject to the provisions of this Agreement, the Option shall be exercisable only as follows:
Rights to Exercise. The Option shall vest in ten (10) monthly installments of [NO. OF SHARES] shares, commencing on [START DATE] and ending on [END DATE]
