Common use of Vesting and Exercise Clause in Contracts

Vesting and Exercise. The Award shall become vested and exercisable in accordance with the following table: Installment Vesting Date Applicable to Installment [general] 25% 25% 25% 25% [1st anniv. GD] [2d anniv. GD] [3d anniv. GD] [4th anniv. GD] The Award will be fully vested and exercisable in the event of a Change in Control, as defined in the Plan. In the event of a Change in Control that constitutes a Covered Transaction (as defined in Section 7.3(c) of the Plan), the Committee may, in its sole discretion, terminate any or all outstanding Options as of the effective date of the Covered Transaction; provided that the Committee may not terminate an Option outstanding under this Agreement earlier than 20 days following the later of (i) the date on which the Award became fully exercisable, and (ii) the date on which the Participant received written notice of the Covered Transaction. Unless otherwise provided in this Agreement or the Plan, if the date of Participant’s termination of Service with the Company, as defined in the Plan, precedes the relevant Vesting Date, an installment shall not vest on the otherwise applicable Vesting Date and all Options subject to such installment shall immediately terminate as of the date of such termination of Service.

Vesting and Exercise. The Award Option shall become vested and exercisable in accordance with the following table: Installment Vesting Date Applicable to Installment [generalFor annual grant, 100%] [For initial grant, 25% 25% 25% 25% %] [For annual grant, 1st anniversary of GD] [For initial xxxxx, XX 1st anniv. GD] [GD 2d anniv. GD] [GD 3d anniv. GD] [4th anniv. GD] The Award will be Notwithstanding the foregoing, the Option shall become fully vested and exercisable in the event of a Change in Control, as defined in the Plan. In the event of a Change in Control that constitutes a Covered Transaction (as defined in Section 7.3(c) of the Plan)Transaction, the Committee may, in its sole discretion, terminate any or all outstanding Options portions of the Option as of the effective date of the Covered Transaction; , provided that the Committee may not terminate an Option outstanding under this Agreement earlier than 20 twenty (20) days following the later of (ia) the date on which the Award Option became fully exercisable, and (iib) the date on which the Participant received written notice of the Covered Transaction. Unless otherwise provided in this Agreement or the Plan, if the date of Participant’s termination of Service with as a Director of the Company, as defined in the Plan, Company precedes the relevant Vesting Date, an installment shall not vest on the otherwise applicable Vesting Date and all Options any portion of the Option subject to such installment shall immediately terminate as of the date of such termination of Service.

Vesting and Exercise. The Award shall become vested and exercisable in accordance with the following table: Installment Vesting Date Applicable to Installment [general] 25% 25% 25% 25% [For annual/initial: 1st anniv. GD] [2d /GD 2nd anniv. GD] [3d GD/1st anniv. GD] [GD 3rd anniv. GD/2d anniv. GD 4th anniv. GD] GD/3d anniv. GD The Award will be fully vested and exercisable in the event of a Change in Control, as defined in the Plan. In the event of a Change in Control that constitutes a Covered Transaction (as defined in Section 7.3(c) of the Plan), the Committee may, in its sole discretion, terminate any or all outstanding Options as of the effective date of the Covered Transaction; provided that the Committee may not terminate an Option outstanding under this Agreement earlier than 20 twenty (20) days following the later of (i) the date on which the Award became fully exercisable, and (ii) the date on which the Participant received written notice of the Covered Transaction. Unless otherwise provided in this Agreement or the Plan, if the date of Participant’s termination of Service with as a Director of the Company, as defined in the Plan, Company precedes the relevant Vesting Date, an installment shall not vest on the otherwise applicable Vesting Date and all Options subject to such installment shall immediately terminate as of the date of such termination of Service.

Vesting and Exercise. The Award shall become vested and exercisable in accordance with the following table: Installment Vesting Date Applicable to Installment [general] 25% 25% 25% 25% [1st anniv. GD] [2d 2nd anniv. GD] [3d 3rd anniv. GD] [4th anniv. GD] The Award will be fully vested and exercisable in the event of a Change in Control, as defined in the Plan. In the event of a Change in Control that constitutes a Covered Transaction (as defined in Section 7.3(c) of the Plan), the Committee may, in its sole discretion, terminate any or all outstanding Options as of the effective date of the Covered Transaction; provided that the Committee may not terminate an Option outstanding under this Agreement earlier than 20 twenty (20) days following the later of (i) the date on which the Award became fully exercisable, and (ii) the date on which the Participant received written notice of the Covered Transaction. Unless otherwise provided in this Agreement or the Plan, if the date of Participant’s termination of Service with the CompanyService, as defined in the Plan, with the Company precedes the relevant Vesting Date, an installment shall not vest on the otherwise applicable Vesting Date and all Options subject to such installment shall immediately terminate as of the date of such termination of Service.

Vesting and Exercise. The Award shall become vested and exercisable in accordance with the following table: Installment Vesting Date Applicable to Installment [general] 25% 25% 25% 25% [For annual/initial: 1st anniv. GD] [/GD 2d anniv. GD] [GD/1st anniv. GD 3d anniv. GD] [GD/2d anniv. GD 4th anniv. GD] GD/3d anniv. GD The Award will be fully vested and exercisable in the event of a Change in Control, as defined in the Plan. In the event of a Change in Control that constitutes a Covered Transaction (as defined in Section 7.3(c) of the Plan), the Committee may, in its sole discretion, terminate any or all outstanding Options as of the effective date of the Covered Transaction; provided that the Committee may not terminate an Option outstanding under this Agreement earlier than 20 twenty (20) days following the later of (i) the date on which the Award became fully exercisable, and (ii) the date on which the Participant received written notice of the Covered Transaction. Unless otherwise provided in this Agreement or the Plan, if the date of Participant’s termination of Service with as a Director of the Company, as defined in the Plan, Company precedes the relevant Vesting Date, an installment shall not vest on the otherwise applicable Vesting Date and all Options subject to such installment shall immediately terminate as of the date of such termination of Service.

Vesting and Exercise. The Award shall become vested and exercisable in accordance with the following table: Installment Vesting Date Applicable to Installment [general] 25% 25% 25% 25% [1st anniv. GD] [2d anniv. GD] [3d anniv. GD] [4th anniv. GD] The Award will be fully vested and exercisable in the event of a Change in Control, as defined in the Plan. In the event of a Change in Control that constitutes a Covered Transaction (as defined in Section 7.3(c) of the Plan), the Committee may, in its sole discretion, terminate any or all outstanding Options as of the effective date of the Covered Transaction; provided that the Committee may not terminate an Option outstanding under this Agreement earlier than 20 twenty (20) days following the later of (i) the date on which the Award became fully exercisable, and (ii) the date on which the Participant received written notice of the Covered Transaction. Unless otherwise provided in this Agreement or the Plan, if the date of Participant’s termination of Service with the CompanyService, as defined in the Plan, with the Company precedes the relevant Vesting Date, an installment shall not vest on the otherwise applicable Vesting Date and all Options subject to such installment shall immediately terminate as of the date of such termination of Service.

Vesting and Exercise. The Award Option shall become vested and exercisable in accordance with the following table: Installment Vesting Date Applicable to Installment [general] 25% 25% 25% 25% [1st anniv. GD] [2d anniv. GD] [3d anniv. GD] [4th anniv. GD] The Award will be Notwithstanding the foregoing, the Option shall become fully vested and exercisable in the event of a Change in Control, as defined in the Plan. In the event of a Change in Control that constitutes a Covered Transaction (as defined in Section 7.3(c) of the Plan)Transaction, the Committee may, in its sole discretion, terminate any or all of the outstanding Options portions of the Option as of the effective date of the Covered Transaction; , provided that the Committee may not terminate an Option outstanding under this Agreement earlier than 20 twenty (20) days following the later of (ia) the date on which the Award Option became fully exercisable, and (iib) the date on which the Participant received written notice of the Covered Transaction. Unless otherwise provided in this Agreement or the Plan, if the date of Participant’s 's termination of Service with the Company, as defined in the Plan, Company precedes the relevant Vesting Date, an installment shall not vest on the otherwise applicable Vesting Date and all Options any portion of the Option subject to such installment shall immediately terminate as of the date of such termination of Service.