Vesting of the Option. As long as the Optionee remains an employee of the Company, the options granted hereby shall vest based on the following schedule:
Appears in 6 contracts
Samples: Executive Employment Agreement (Axion Power International, Inc.), Employment Agreement (Axion Power International, Inc.), Executive Agreement (Axion Power International, Inc.)
Vesting of the Option. As long as the Optionee remains an employee of the Company, the options granted hereby shall vest based on the following schedule:: 250,000 options shall vest upon signing this Option Agreement; and
Appears in 1 contract
Samples: Executive Employment Agreement (Axion Power International, Inc.)
Vesting of the Option. As long as the Optionee remains an employee of the Company, the options granted hereby shall vest based on the following schedule:: 125,000 options shall vest upon signing this Option Agreement; and
Appears in 1 contract
Samples: Executive Agreement (Axion Power International, Inc.)
