Vesting and Exercisability of Options. Options to purchase an aggregate of 800,000 Shares of the Corporation shall vest and be exercisable upon the occurrence of the following events, satisfaction of the following conditions and upon or by the following dates:
Vesting and Exercisability of Options a. Subject to Sections 3(b), (c) and (d) below and Section 4, the Option granted under the Agreement shall vest in accordance with the schedule set forth below; provided the Participant has been in Continuous Service through each vesting date. For purposes of the Agreement, “
Vesting and Exercisability of Options. (a) Subject to the terms and conditions set forth herein and provided the Optionee’s employment or service continues, the Options shall vest and become exercisable in accordance with the following schedule:
Vesting and Exercisability of Options. The Options shall vest and become exercisable in accordance with the vesting schedule set forth on Schedule A, provided that no Partial Exercise of an Option shall be for an aggregate exercise price of less than $1,000.
Vesting and Exercisability of Options. (a) Post-Termination Exercise Period Subject to the provisions of Section 3(b) (Disability or Death), Section 3(c) (Retirement), Section 3(d) (Qualifying Termination), and Section 3(e) (Change in Control Termination), all rights to exercise this option shall terminate thirty (30) days after the Optionholder ceases to be an employee of the Company or of a subsidiary or affiliate of the Company. (b)
Vesting and Exercisability of Options. Subject to the terms and conditions of this Agreement and the Plan, the Option will vest and become exercisable in accordance with the following schedule provided that Grantee has been continuously employed by the Company from the Date of Grant through the applicable Vesting Date: Percentage of Total Number of Options Which Vests and Vesting Date Become Exercisable 1st Anniversary of Date of Grant 33.3% 2nd Anniversary of Date of Grant 33.3% 3rd Anniversary of Date of Grant 33.4%
Vesting and Exercisability of Options. 2.1 VESTING. Subject to the provisions of this Agreement and the Plan, the Option shall vest and become exercisable with respect to the total number of shares which may be purchased pursuant to the Option on the first anniversary of the Grant Date.
Vesting and Exercisability of Options. Except as otherwise provided, the Options shall vest and become exercisable as to 100% of the shares of the Company Stock covered thereby on the first anniversary of the date of grant and shall expire ten years from the date of grant.
Vesting and Exercisability of Options. (a) Except as set forth in this Paragraph and in Paragraph 6, ten percent (10%) of the Option Shares shall vest and be exercisable at any time on or after May 1, 1999, and an additional ten percent (10%) of the Option Shares shall vest and be exercisable at any time on or after each subsequent May 1, on a cumulative basis.
Vesting and Exercisability of Options
