Common use of Vesting; Time of Exercise Clause in Contracts

Vesting; Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Stock Option shall be 100% vested and exercisable six months and one day after the date of this Agreement The Optionee shall also become 100% vested in the total Optioned Shares hereunder on the day preceding an event which constitutes a Change in Control as defined in the Plan.

Appears in 4 contracts

Samples: Non Statutory Stock Option Agreement (Omega Protein Corp), Non Statutory Stock Option Agreement (Omega Protein Corp), Nonstatutory Stock Option Agreement (Omega Protein Corp)

AutoNDA by SimpleDocs

Vesting; Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the this Stock Option shall may be 100exercised, in whole or in part, in accordance with the following schedule: Percentage Exercisable Period 0 % vested and exercisable six months and one day after the date of this Agreement The Optionee shall also become 100% vested in the total Optioned Shares hereunder on the day preceding an event which constitutes a Change in Control as defined in the Plan.Immediately;

Appears in 1 contract

Samples: Incentive Stock Option Agreement (CLST Holdings, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.