Common use of Vesting of Right to Exercise Option Clause in Contracts

Vesting of Right to Exercise Option. (a) Except as otherwise provided in this Agreement, the right to exercise this Option shall vest on the first Realized Equity Value Date on which the Realized Equity Value equals or exceeds the Initial Buy-In Price multiplied by five. From and after such date of vesting, if any, Optionee may exercise this Option, subject to the terms and conditions set forth herein.

Vesting of Right to Exercise Option. (a) Except as otherwise provided in this Agreement, the right to exercise this Option shall vest on the first Realized Equity Value Date on which the Realized Equity Value equals or exceeds the Initial Buy-In Price multiplied by fivefour. From and after such date of vesting, if any, Optionee may exercise this Option, subject to the terms and conditions set forth herein.

Vesting of Right to Exercise Option. (a) Except as otherwise provided in this Agreement, the right to exercise this Option shall vest on the first Realized Equity Value Date on which the Realized Equity Value equals or exceeds the Initial Buy-In Price multiplied by fivethree. From and after such date of vesting, if any, Optionee may exercise this Option, subject to the terms and conditions set forth herein.

Vesting of Right to Exercise Option. (a) Except as otherwise provided in this Agreement, the right to exercise this Option shall vest on the first Realized Equity Value Date on which the Realized Equity Value equals or exceeds the Initial Buy-Partnership Buy- In Price multiplied by fivefour. From and after such date of vesting, if any, Optionee may exercise this Option, subject to the terms and conditions set forth herein.

Vesting of Right to Exercise Option. (a) Except as otherwise provided in this Agreement, the right to exercise this Option shall vest on the first Realized Equity Value Date on which the Realized Equity Value equals or exceeds the Initial Buy-Partnership Buy- In Price multiplied by five. From and after such date of vesting, if any, Optionee may exercise this Option, subject to the terms and conditions set forth herein.

Vesting of Right to Exercise Option. (a) Except as otherwise provided in this Agreement, the right to exercise this Option shall vest on the first Realized Equity Value Date on which the Realized Equity Value equals or exceeds the Initial Buy-Partnership Buy- In Price multiplied by fivethree. From and after such date of vesting, if any, Optionee may exercise this Option, subject to the terms and conditions set forth herein.