Common use of Vested Portion Clause in Contracts

Vested Portion. At any time, the portion of the Option which has become vested as described in this Section 3 or that was already vested as of the date hereof is hereinafter referred to as the “Vested Portion”. The Vested Portion of the Option shall remain exercisable for the period set forth in Section 4(a).

Appears in 1 contract

Sources: Nonqualified Stock Option Award Agreement (Armored AutoGroup Inc.)

Vested Portion. At any time, the portion of the Option which has become vested as described in this Section 3 or that was already vested as of the date hereof is hereinafter referred to as the “Vested Portion”. The Vested Portion of the Option shall remain exercisable for the period set forth in Section 4(a).

Appears in 1 contract

Sources: Nonqualified Stock Option Award Agreement (Armored AutoGroup Inc.)