Common use of Vesting Options Clause in Contracts

Vesting Options. (a) The amount of shares of Common Stock subject to this Option shall become exercisable as follows: __________on the date hereof,__________ on the first anniversary of the date hereof [and ____________ on the second anniversary of the date hereof], subject to the provision of Section 1 hereof. [ Alternative-The amount of shares of Common Stock subject to this Option shall become exercisable on the date hereof, subject to the provision of Section 1 hereof and the Plan.]

Appears in 3 contracts

Samples: Qualified Stock Option Agreement (Candies Inc), Non Qualified Stock Option Agreement (Candies Inc), Non Qualified Stock Option Agreement (Candies Inc)

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Vesting Options. (a) The amount of shares of Common Stock subject to this Option shall become exercisable as follows: __________on the date hereof,__________ on the first anniversary of the date hereof [and ____________ on the second anniversary of the date hereof], subject to the provision of Section 1 hereofhereof and the Plan. [ Alternative-The amount of shares of Common Stock subject to this Option shall become exercisable on the date hereof, subject to the provision of Section 1 hereof and the Plan.]

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Candies Inc)

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