Common use of Time of Exercise of Option Clause in Contracts

Time of Exercise of Option. 4.1.1 The Option shall become exercisable with respect to the Option Shares only as follows: One-third of the Option Shares shall become exercisable on each of the first three anniversaries of the Date of Grant if the Optionee shall have remained in the continuous employ of the Corporation or any of its Subsidiaries as of each such date.

Time of Exercise of Option. 4.1.1 4.1.1. The Option shall become exercisable with respect to the Option Shares only as follows: One-third of the Option Shares shall become exercisable on each of the first three anniversaries of the Date of Grant if the Optionee shall have remained in the continuous employ of the Corporation or any of its Subsidiaries as of each such date.

Time of Exercise of Option. 4.1.1 3.1.1. The Option shall become exercisable with respect to the Option Shares only as follows: One-third of the Option Shares shall become exercisable on each of the first three anniversaries of the Date of Grant if the Optionee shall have remained in the continuous employ of the Corporation or any of its Subsidiaries as of each such date.

Time of Exercise of Option. 4.1.1 The Option shall become exercisable with respect to the Option Shares only as follows: [One-third quarter] of the Option Shares ([_______] Option Shares) shall become exercisable on each of the first three [four] anniversaries of the Date of Grant if the Optionee shall have remained in the continuous employ of the Corporation or any of its Subsidiaries as of each such date.

Time of Exercise of Option. 4.1.1 The Option shall become exercisable with respect to the Option Shares only as follows: [One-third quarter] of the Option Shares ([ ] Option Shares) shall become exercisable on each of the first three [four] anniversaries of the Date of Grant if the Optionee shall have remained in the continuous employ of the Corporation or any of its Subsidiaries as of each such date.

Time of Exercise of Option. 4.1.1 3.1.1 The Option shall become exercisable with respect to the Option Shares only as follows: One-third of the Option Shares shall become exercisable on each of the first three anniversaries of the Date of Grant if the Optionee shall have remained in the continuous employ of the Corporation or any of its Subsidiaries as of each such date.

Time of Exercise of Option. 4.1.1 The Option shall become exercisable with respect to the Option Shares only as follows: One-third quarter of the Option Shares ([________] Option Shares) shall become exercisable on each of the first three four anniversaries of the Date of Grant if the Optionee shall have remained in the continuous employ of the Corporation or any of its Subsidiaries as of each such date.