Vesting/Exercise/Expiration. The Optionee may not exercise the stock option granted prior to the “Vesting Date,” which is the three-year anniversary of the Date of Grant, absent action by the Compensation Committee of the Board of Directors to waive or alter such restrictions. Thereafter, except as hereinafter provided, the Optionee may exercise the stock option granted herein at any time and from time to time until the close of business on the Expiration Date set forth above. The stock option granted herein may be exercised to purchase any number of whole shares of Common Stock, except that no purchase shall be for less than ten (10) full shares, or the remaining unexercised shares, if less. This stock option is deemed to be "outstanding" until it has been exercised in full or expired pursuant to the terms of this Option Agreement.
Appears in 4 contracts
Samples: Stock Option Plan Stock Option Agreement (Walgreen Co), Stock Option Plan Stock Option Agreement (Walgreen Co), Executive Stock Option Plan Stock Option Agreement (Walgreen Co)
