Common use of Vesting and Exercisability Clause in Contracts

Vesting and Exercisability. (a) Except as otherwise provided in the Plan or Section 2(b) of this Agreement, the Options shall become vested in four equal annual installments on each of the first through fourth anniversaries of the Grant Date, subject to the continuous employment of the Associate with the Company until the applicable vesting date; provided that if the Associate’s employment with the Company is terminated by reason of the Associate’s death or Disability, any Options held by the Associate shall immediately vest as of the effective date of such termination.

Vesting and Exercisability. (a) Except as otherwise provided in the Plan Section 5(a) or Section 2(b) of this Agreement, the Options shall become vested in four equal annual installments on each of the first through fourth anniversaries of the Grant Date, subject to the continuous employment of the Associate with the Company until the applicable vesting date; provided that if the Associate’s employment with the Company is terminated by reason of the Associate’s death or Disability, any Options held by the Associate shall immediately vest as of the effective date of such termination.

Vesting and Exercisability. (a) Except as otherwise provided in the Plan Section 6(a) or Section 2(b) of this Agreement, the Options shall become vested in four equal annual installments on each of the first through fourth anniversaries of the Grant Date, subject to the continuous employment of the Associate Employee with the Company until the applicable vesting date; provided that if the AssociateEmployee’s employment with the Company is terminated in a Special Termination (i.e., by reason of the AssociateEmployee’s death or Disability), any Options held by the Associate Employee shall immediately vest as of the effective date of such terminationSpecial Termination.

Vesting and Exercisability. (a) Except as otherwise provided in the Plan or Section 2(b7(a) of this Agreement, the Options shall become vested in four five equal annual installments on each of the first through fourth fifth anniversaries of the Grant Date, subject to the continuous employment of the Associate Employee with the Company until the applicable vesting date; provided that if the AssociateEmployee’s employment with the Company is terminated in a Special Termination (i.e., by reason of the AssociateEmployee’s death or Disability), any Options held by the Associate Employee shall immediately vest as of the effective date of such terminationSpecial Termination.

Vesting and Exercisability. (a) Except as otherwise provided in the Plan Sections 2(b), 3, or Section 2(b6(a) of this Agreement, the Options shall become vested in four equal annual installments on each of the first through fourth anniversaries of the Grant Date, subject to the continuous employment of the Associate Employee with the Company until the applicable vesting date; provided that if the Associate’s employment with the Company is terminated by reason of the Associate’s death or Disability, any Options held by the Associate shall immediately vest as of the effective date of such termination.

Vesting and Exercisability. (a) Except as otherwise provided in the Plan or Section 2(b) of this Agreement, the Options shall become vested in four three equal annual installments on each of the first through fourth third anniversaries of the Grant Date, subject to the continuous employment of the Associate with the Company until the applicable vesting date; provided that if the Associate’s employment with the Company is terminated by reason of the Associate’s death or Disability, any Options held by the Associate shall immediately vest as of the effective date of such termination.

Vesting and Exercisability. (a) Except as otherwise provided in the Plan Sections 2(b), 3, or Section 2(b) of 6(a)of this Agreement, the Options shall become vested in four equal annual installments on each of the first through fourth anniversaries of the Grant Date, subject to the continuous employment of the Associate Employee with the Company until the applicable vesting date; provided that if the Associate’s employment with the Company is terminated by reason of the Associate’s death or Disability, any Options held by the Associate shall immediately vest as of the effective date of such termination.

Vesting and Exercisability. (a) Except as otherwise provided in the Plan Section 6(a) or Section 2(b) of this Agreement, the Options shall become vested in four three equal annual installments on each of the first through fourth third anniversaries of the Grant Date, subject to the continuous employment of the Associate with the Company until the applicable vesting date; provided that if the AssociateEmployee’s employment with the Company is terminated in a Special Termination (i.e., by reason of the AssociateEmployee’s death or Disability), any unvested Options held by the Associate Employee shall immediately vest as of the effective date of such terminationSpecial Termination.