Common use of Vesting and Exercisability of Options Clause in Contracts

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:

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Loral Space & Communications Inc.), Non Qualified Stock Option Agreement (Loral Space & Communications Inc.)

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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:,

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Loral Space & Communications Inc.), Non Qualified Stock Option Agreement (Loral Space & Communications Inc.)

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