Time Vested Option definition

Time Vested Option means an Option that will vest 25% per year on the anniversaries of the date as of which it was awarded and will vest in full upon the occurrence of a Change of Control.
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Time Vested Option means an Option subject to the vesting schedule provided in Section 5(e)(ii) below.
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Time Vested Option means an Option that will vest in an amount equal to the "Vesting Percentage" set forth in the Award Agreements per year on the anniversaries of the date as of which it was awarded and will vest in full upon the occurrence of a Change of Control.
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Examples of Time Vested Option in a sentence

  • The Time Vested Option shall be intended to qualify as an "incentive stock option" to the maximum extent permissible under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

  • The exercise price of the Time Vested Option shall by equal to the Fair Market Value (as defined in the Plan), shall expire ten years after the Grant Date and shall vest in 12 equal quarterly installments commencing on the last day of the calendar quarter following the Grant Date and otherwise pursuant to the terms and conditions of Holdings’ form of Award Agreement (as defined in the plan).

  • The Option Agreement shall designate whether an Option is a Time Vested Option or is subject to other applicable vesting conditions.

  • The exercise price of the Time Vested Option shall by equal to the Fair Market Value (as defined in the Plan), shall expire ten years after the Grant Date and shall vest in 12 equal quarterly installments commencing on the last day of the calendar quarter following the Grant Date and otherwise pursuant to the terms and conditions of Holdings’ form of Award Agreement (as defined in the Plan).

  • Executive acknowledges that the options to purchase 206,506 Common Shares on August 6th, 2019 reflect the Time Vested Option grants for calendar year 2019.

  • Executive acknowledges that the options to purchase 170,368 Common Shares on August 6th, 2019 reflect the Time Vested Option grants for calendar year 2019.

  • The Executive acknowledges and agrees that the Time Vested Option and the Performance Vested Options are the only stock options that have been granted to the Executive.

  • The remaining 60% of the Time Vested Option and 80% of the Performance Vested Options shall terminate on the date hereof.

  • The exercise price of the Time Vested Option shall be equal to the Fair Market Value (as defined in the Plan), shall expire ten years after the Grant Date and shall vest in 12 equal quarterly installments commencing on the last day of the calendar quarter next following the Grant Date and otherwise pursuant to the terms and conditions of the Company’s form of Award Agreement (as defined in the Plan).

  • Training shall be provided to Shop personnel that includes all information necessary for the maintenance, calibration and component level repair of the power supplies.


More Definitions of Time Vested Option

Time Vested Option. The first Option Award (the “Time Vested Option”), shall be awarded with respect to 1,500,000 shares of the Company’s Common Stock. Twenty-five percent (25%) of the shares subject to the Time-Vested Option shall vest on June 24, 2020 and the remaining shares shall vest in twelve (12) substantially equal quarterly installments on each quarterly anniversary date thereafter, such that the Time-Vested Option shall be fully vested as of June 24, 2023, subject in all cases to Executive’s continued employment with the Company through each such vesting date.
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Related to Time Vested Option

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.

  • Employee Option means an Option granted pursuant to Section 5.

  • Director Option means an Option granted pursuant to Section 6.

  • Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Vesting Event means the earliest to occur of the following events:

  • Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Optioned Stock means the Common Stock subject to an Option.

  • Equity Award means any option, restricted stock award, restricted stock unit award, stock appreciation right or other equity award to acquire shares of the Company’s common stock granted or issued to the Executive.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Company Equity Award means a Company Stock Option or a Company Stock Award or a phantom stock award, as the case may be.

  • Company Option means an option to purchase shares of Company Common Stock granted under the Company Incentive Plan.