Examples of Vested Option Shares in a sentence
The Option Period commences on the Grant Date and with respect to Vested Option Shares generally ends on the seventh anniversary of the Grant Date.
If there is no effective Beneficiary designation on file at the time of Grantee's death, or if the designated Beneficiary or Beneficiaries have all predeceased Grantee, the right to exercise the Vested Option Shares and to purchase shares of Common Stock shall be determined in accordance with applicable law.
Vested Option Shares may be exercised and purchased during the Option Period, until termination under Section 4 below.
All or a portion of the Option Shares may become Vested Option Shares on an earlier date as provided in the attached Terms and Conditions.
Vested Option Shares that have become exercisable shall remain exercisable throughout the term of this Option, except as otherwise set forth in this Agreement, including Article 4.