Common use of Vesting and Exercise of Option Clause in Contracts

Vesting and Exercise of Option. The Option shall become vested and exercisable in accordance with the vesting schedule set forth in the Award Notice (the “Vesting Schedule”). The period of time prior to the full vesting of the Option shall be referred to herein as the “Vesting Period.” The Option shall be vested and exercisable following a termination of Optionee’s employment according to the following terms and conditions:

Appears in 5 contracts

Samples: Stock Option Agreement (CDW Corp), Long Term Incentive Plan Stock Option Agreement (CDW Corp), Long Term Incentive Plan Stock Option Agreement (CDW Corp)

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Vesting and Exercise of Option. The Option shall will vest and become vested and exercisable in accordance with the vesting schedule set forth specified in the Award Notice (the “Vesting Schedule”), subject to Section 3 below. The period of time prior to the full vesting of the Option shall be referred to herein as the “Vesting Period.” The Option shall be vested and exercisable following a termination of If Optionee’s employment according to terminates before the following terms Option is fully vested, the Option will vest and conditionsbe exercisable as follows:

Appears in 3 contracts

Samples: Stock Option Agreement (Fortune Brands Innovations, Inc.), Stock Option Agreement (Fortune Brands Home & Security, Inc.), Fortune Brands Home & Security, Inc.

Vesting and Exercise of Option. The Option shall become vested and exercisable in accordance with the vesting schedule set forth in the Award Notice (the “Vesting Schedule”). The period of time prior to the full vesting of the Option shall be referred to herein as the “Vesting Period.” The Option shall be vested and exercisable following a termination of Optionee’s employment according to the following terms and conditions:

Appears in 2 contracts

Samples: Stock Option Agreement (Thermon Group Holdings, Inc.), Term Incentive Plan (Century Communities, Inc.)

Vesting and Exercise of Option. The Option shall become vested and exercisable in accordance with the vesting schedule set forth in the Award Notice (the “Vesting Schedule”), subject to Section 3.5 of this Agreement. The period of time prior to the full vesting of the Option shall be referred to herein as the “Vesting Period.” The Option shall be vested and exercisable following a termination of Optionee’s employment by Optionee according to the following terms and conditions:

Appears in 1 contract

Samples: Employment Agreement (Gogo Inc.)

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Vesting and Exercise of Option. The Option shall become vested and exercisable in accordance with the vesting schedule set forth in the Award Notice (the “Vesting Schedule”). The period of time prior to the full vesting of the Option shall be referred to herein as the “Vesting Period.” The Option shall be vested and exercisable following a termination of Optionee’s employment according to the following terms and conditions:

Appears in 1 contract

Samples: Employment Agreement (Sirius International Insurance Group, Ltd.)

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