VESTING OF OPTIONS AND RIGHTS Sample Clauses

VESTING OF OPTIONS AND RIGHTS. Notwithstanding the vesting period provided for in the Stock Incentive Plan and any related stock option agreements between the Company and Employee for stock options ("options") and stock appreciation rights ("rights") granted Employee by the Company, all options and stock appreciation rights that were exercisable at the date of termination or within six months thereafter shall be immediately exercisable upon termination of employment. In addition, Employee will have the right to exercise all such options and rights for the shorter of (a) six months following his termination of employment or (b) with respect to each option, the remainder of the period of exercisability under the terms of the appropriate documents that grant such options.
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VESTING OF OPTIONS AND RIGHTS. Notwithstanding the vesting period provided for in the Stock Incentive Plan and any related stock option agreements between the Company and Employee for stock options ("options") and stock appreciation rights ("rights") granted Employee by the Company, all options and stock appreciation rights that were exercisable at the date of termination or within 6 months thereafter shall be immediately exercisable upon termination of employment. In addition, Employee will have the right to exercise all such options and rights for the shorter of (a) three months following his termination of employment or (b) with respect to each option, the remainder of the period of exercisability under the terms of the appropriate documents that grant such options.
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VESTING OF OPTIONS AND RIGHTS. Notwithstanding the vesting period provided for in any Company stock option plan and any related stock option agreements between the Company and Employee for stock options ("Options") and stock appreciation rights ("Rights") granted Employee by the Company, all Options (including without limitation the Option Shares) and Rights shall become immediately exercisable upon termination of employment. In addition, Employee will have the right to exercise all such Options and Rights for the shorter of (a) two years following his termination of employment or (b) with respect to each Option and Right, the remainder of the period of exercisability under the terms of the appropriate documents that grant such options.
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VESTING OF OPTIONS AND RIGHTS. Notwithstanding the vesting period set forth in the Stock Incentive Plan and any related stock option agreements between the Company and Employee for stock options granted Employee by the Company, all stock options shall be vested and immediately exercisable upon termination of Employee’s employment by the Company without Cause, by Employee for Good Reason, or by reason of death or Disability. In addition, Employee will have the right to exercise all such options for a period of two (2) years following such termination.
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VESTING OF OPTIONS AND RIGHTS. Notwithstanding the vesting period provided for in the Stock Incentive Plan and any related stock option agreements between the Company and Employee for stock options ("options") and stock appreciation rights ("rights") granted Employee by the Company, all options and stock appreciation rights that were exercisable at the date of termination or within 12 months thereafter shall be immediately exercisable upon termination of employment. In addition, Employee will have the right to exercise all such options and rights for the shorter of (a) six months following his termination of employment or (b) with respect to each option, the remainder of the period of exercisability under the terms of the appropriate documents that grant such options. Further, all restrictions on the stock granted in Paragraph 4b.i. hereunder shall lapse notwithstanding the period during which such restrictions would otherwise be in place as provided in Paragraph 4b.i. or in any related restricted stock agreement between the Company and Employee.
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VESTING OF OPTIONS AND RIGHTS. Notwithstanding the vesting period provided for in the Stock Option Plan and related stock option agreements between the Company and Employee for stock options ("options") and stock appreciation rights ("rights") granted Employee by the Company, one-third of the options and stock appreciation rights provided to Employee under section 4b of this Agreement, excluding Option #3 and the portion of Option #1 and Option #2 which have already vested prior to termination, shall be exercisable upon termination of employment. In addition, Employee shall have the right to exercise such options and rights for the shorter of (i) one year (three years in the case of a termination occurring during a Change of Control Period) following his termination of employment or (ii) with respect to each option, the remainder of the period of exercisability under the terms of the appropriate documents that grant such options. However, notwithstanding the foregoing and the vesting period provided for in the Stock Option Plan and any related stock option agreements between the Company and Employee, all options and rights shall be fully vested and exercisable upon termination of employment occurring during a Change in Control Period, and the period of exercise shall be as described in the preceding sentence.
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VESTING OF OPTIONS AND RIGHTS. Notwithstanding the vesting period provided for in Employee's Stock Option contained herein, in the Stock Incentive Plan and any related stock option agreements between the Company and Employee for stock options ("options") and stock appreciation rights ("rights") granted Employee by the Company, all options and stock appreciation rights shall be immediately exercisable upon termination of employment. In addition, Employee will have the right to exercise all options and rights for the shorter of (a) one year following his termination of employment or (b) with respect to each option, the remainder of the period of exercisability under the terms of the appropriate documents that grant such options.
Sample 1
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VESTING OF OPTIONS AND RIGHTS. Notwithstanding the vesting period provided for in this Agreement, any Company stock option plan and any related stock option agreements between the Company and Employee for stock options including, but not limited to, the Option Shares ("OPTIONS") and stock appreciation rights ("RIGHTS") granted Employee by the Company, all Options (including, without limitation, the Option Shares) and Rights shall become immediately exercisable upon termination of employment. In addition, Employee shall have the right to exercise all such Options (including, without limitation, the Option Shares) and Rights for the shorter of (a) two (2) years following his termination of employment or (b) with respect to each Option (including, without limitation, the Option Shares) and Right, the remainder of the period of exercisability under the terms of the appropriate documents that grant such options.
Sample 1

Related to VESTING OF OPTIONS AND RIGHTS

  • Vesting of Options The Option shall vest (become exercisable) in accordance with the vesting schedule shown on page 1 of this Award Agreement. Notwithstanding the vesting schedule on page 1, the Option will also vest and become exercisable:

  • Vesting of Option The Option shall be 100% vested upon the date of grant.

  • Stock Options and Restricted Stock Units The Executive acknowledges that as of the Resignation Date, the Executive was vested in Stock Options and Restricted Stock Units (“RSUs”) as reflected in the report attached as Exhibit A hereto. Except as specifically set forth herein, the Executive’s rights with respect to Stock Options and RSUs issued to him/her are governed by the Stock Option and Restricted Stock Unit Agreements entered into between the Executive and the Company, and the applicable Company equity incentive plan(s) and Notice(s) of Grant.

  • Vesting of Stock Options All unvested stock options held by Executive, if any, shall vest immediately upon a Change of Control Termination as defined in Section 6.1.2. Executive may exercise such options in accordance with the terms and conditions of the stock option plan and the agreement pursuant to which such options were granted.

  • Options and Rights In the event that, during the term of this pledge, subscription Options or other rights or options shall be issued in connection with the pledged Shares, such rights, Options and options shall be the property of Pledgor and, if exercised by Pledgor, all new stock or other securities so acquired by Pledgor as it relates to the pledged Shares then held by Pledgeholder shall be immediately delivered to Pledgeholder, to be held under the terms of this Security Agreement in the same manner as the Shares pledged.

  • Vesting of Awards In the event of a Change in Control, the surviving or successor entity (or its parent corporation) may continue, assume or replace awards granted to the Executive under the terms of the 2013 Equity Plan that are outstanding as of the Change in Control, and such awards or replacements therefore shall remain outstanding and be governed by their respective terms. If and to the extent that outstanding awards granted to the Executive under the terms of the 2013 Equity Plan are not continued, assumed or replaced in connection with a Change in Control, then the vesting of such awards shall be accelerated and such awards shall become immediately fully vested and, in the case of options, exercisable in full as of the Change in Control. With respect to outstanding awards granted to the Executive under the terms of the 2013 Equity Plan that are subject to performance-based vesting conditions, the level of achievement of the performance-based vesting conditions shall be measured consistent with the original terms of the award to preserve the intent of the metrics, and to the extent performance can no longer be reasonably measured consistent with the original terms, the vesting of such awards shall be accelerated and such awards shall become immediately fully vested and, in the case of options, exercisable in full as of the Change in Control. The reference to "fully vested" in connection with any award subject to performance-based vesting conditions refers to vesting at the maximum level of achievement of the performance goal or goals under the award.

  • Vesting of Restricted Stock Units The restrictions and conditions of Section 1 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains in a Business Relationship (as defined in Section 3 below) on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Section 1 shall lapse only with respect to the number of Restricted Stock Units specified as vested on such date. Incremental Number of Restricted Stock Units Vested Vesting Date _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) ____________ The Administrator may at any time accelerate the vesting schedule specified in this Section 2.

  • Stock Options and Restricted Stock In the event that (a) USPI elects to terminate this Agreement pursuant to Section 5, (b) there is a “Change of Control Event” (as defined below) or (c) USPI terminates Employee without the notice required under Section 5 or without Cause under Section 7, then in each such event, all USPI stock options held by Employee and all restricted stock awards made to him/her by USPI (including issued subject to forfeiture) shall thereupon automatically be amended so as to (i) cause to vest, immediately prior to the date of such Change in Control Event or such termination of employment, all then unvested stock options and restricted stock awards, and (ii) provide Employee 90 days to exercise such options (or such greater period as may be provided by the terms of such options). For purposes of the foregoing, the term “Change of Control Event” shall mean (A) a consolidation or merger of USPI with or into any other corporation (other than a merger which will result in the voting capital stock of USPI outstanding immediately before the effective date of such consolidation or merger being converted into more than 50% of the voting capital stock of the surviving entity outstanding immediately after such consolidation or merger), (B) a sale of all or substantially all of the properties and assets of the Company as an entirety in a single transaction or in a series or related transactions to any other “person” or (C) the acquisition of “beneficial ownership” by any “person” or “group” of voting stock of the Company representing more than 50% of the voting power of all outstanding shares of such voting stock, whether by way of merger of consolidation or otherwise. As used herein, (x) the terms “person” and “group” shall have the meanings set forth in Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), whether or not applicable, (y) the term “beneficial owner” shall have the meaning set forth in Rules 13d-3 and 13d-5 under the Exchange Act, whether or not applicable, except that a person shall be deemed to have “beneficial ownership” of all shares that any such person has the right to acquire, whether such right is exercisable immediately or only after the passage of time or upon the occurrence of certain events, and (z) any “person” or “group” will be deemed to beneficially own any voting stock so long as such person or group beneficially owns, directly or indirectly, in the aggregate a majority of the voting stock of a registered holder of such voting stock.

  • Vesting of Equity Awards Notwithstanding the provisions of any plan or agreement governing such an Award (as defined in Section 4(c)), all Awards granted to you that remain outstanding and unvested immediately prior to the occurrence of a Change in Control (as defined in Section 4(d)(i)) automatically shall vest in full upon the occurrence of the Change in Control.

  • Vesting of LTIP Units The restrictions and conditions in Sections 2(b) and 2(c) of this Agreement shall lapse with respect to the LTIP Units granted herein in the amounts and on the Vesting Dates specified below: Portion of Award to Vest Vesting Date 33.33% [Grant Date,] 2017 33.33% [Grant Date,] 2018 33.33% [Grant Date,] 2019 Total: 100% of Award

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