Your Sign Sample Clauses
Your Sign. On Stock will have the terms and conditions set forth in an award agreement between the Company and you that is substantially in the form attached as Exhibit 2. Subject to the terms of the award agreement, your Sign-On Stock will vest on the third anniversary of your Start Date.
Your Sign. On Options will have the terms and conditions set forth in an award agreement between the Company and you that is substantially in the form attached as Exhibit 1. Your Sign-On Stock Options will have an exercise price equal to the closing price of the Company's common stock on your Start Date. Subject to the terms of the award agreement, one-half of your Sign-On Options (i.e., options on 360,000 shares) will vest and first become exercisable in equal one-third installments on the first, second and third anniversaries, respectively, of your Start Date and the balance of your Sign-On Options (i.e., the remaining options on 360,000 shares) will vest and first become exercisable in equal one-third installments on the second, third and fourth anniversaries, respectively, of your Start Date.
Your Sign. On ID and Password