Common use of Vesting and Exercisability Clause in Contracts

Vesting and Exercisability. (a) No portion of this Stock Option may be exercised until such portion shall have vested.

Appears in 19 contracts

Samples: Qualified Stock Option Agreement (Natrol Inc), Incentive Stock Option Agreement (Ansys Inc), Incentive Stock Option Agreement (Ansys Inc)

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Vesting and Exercisability. (a) No portion of this Stock Option may be exercised until such portion shall have become vested, at which time the vested portion of the Stock Option shall be exercisable.

Appears in 3 contracts

Samples: For Employees (iBio, Inc.), Non Qualified Stock Option Agreement (iBio, Inc.), Non Qualified Stock Option Agreement (iBio, Inc.)

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Vesting and Exercisability. (a) No portion of this Stock Option may be exercised until such portion shall have become vested; at which time the vested portion of the Stock Option shall be exercisable.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Cortigent, Inc.), Non Qualified Stock Option Agreement (Cortigent, Inc.)

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