Common use of Time Option Clause in Contracts

Time Option. The Time Option shall become vested and exercisable with respect to 20% of the Shares subject to such Option on each of the first five anniversaries of the Closing Date.

Appears in 11 contracts

Samples: Non Qualified Stock Option Agreement (Energy Future Holdings Corp /TX/), Form of Stock Option Agreement (Del Monte Corp), Form of Stock Option Agreement (Del Monte Corp)

AutoNDA by SimpleDocs

Time Option. The Time Option shall become vested and exercisable with respect to 20% of the Shares subject to such Option on each of the first five anniversaries of the Closing Date, respectively.

Appears in 3 contracts

Samples: Grant Agreement (PRA Health Sciences, Inc.), Grant Agreement (PRA Health Sciences, Inc.), Grant Agreement (National Vision Holdings, Inc.)

AutoNDA by SimpleDocs

Time Option. The Time Option shall become vested and exercisable with respect to 2050% of the Shares subject to such Option on each of the first five two anniversaries of the Closing Date.

Appears in 1 contract

Samples: Employment Agreement (Energy Future Holdings Corp /TX/)

Time is Money Join Law Insider Premium to draft better contracts faster.