Vested Portion definition

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

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Vested Portion of the Option shall mean one hundred percent (100%) of the total number of shares of Common Stock set forth in paragraph 1 hereof.

Vested Portion means that number of Shares covered by a Converted Option in respect of which the Converted Option may be exercised at any given time, as determined in paragraph 7 below; and

Examples of Vested Portion in a sentence

• Subject to the provisions of the Plan and this Agreement, the Participant may exercise all or any part of the Vested Portion of an Option at any time prior to the Expiration Date.

• The Vested Portion of the Option shall remain exercisable for the period set forth in Section 4(a) of this Agreement.

• Any portion of the Vested Portion of the Option that, following the Optionee’s Termination, is not exercised prior to the expiration of the Post-Termination Exercise Period shall terminate at the end of the Post-Termination Exercise Period.

• Notwithstanding the foregoing, if the Participant’s Employment terminates prior to the Expiration Date, the Vested Portion of the Option shall remain exercisable for the period set forth below.

• Subject to the provisions of the Plan and this Agreement, the Participant may exercise all or any part of the Vested Portion of the Option at any time prior to the Expiration Date.

More Definitions of Vested Portion

Vested Portion has the meaning ascribed thereto in Section 3(b) of this Agreement.

Vested Portion means the portion of the Accounts in which the Member has a nonforfeitable interest as provided in Article 6 or, if applicable, Section 13.05.

Vested Portion means the portion of the Accounts in which the Member has a nonforfeitable interest as provided in Article 6.

Vested Portion means, at any time, the portion of the SSARs which have become vested, as described in Section 3 of this Agreement.

Vested Portion means, at any time, the portion of the Option which has become and remains vested in accordance with the Grant Notice and this Agreement.

Vested Portion of the Option means that portion which: (i) shall have become exercisable pursuant to the terms of this Agreement; (ii) shall not have been previously exercised; and (iii) shall not have expired, been forfeited or otherwise canceled in accordance with the terms hereof or the Plan. For purposes of this Agreement, the term “Non-Vested Portion” of the Option means that portion of the Option that is not vested or exercisable and which has not otherwise expired, been forfeited or canceled in accordance with the terms hereof or the Plan.

Vested Portion shall be determined by multiplying the number of shares of Common Stock awarded as Restricted Stock to the Grantee by the applicable vesting percentage contained in Section 4 below.