Common use of Second Installment Clause in Contracts

Second Installment. Commencing on the first anniversary of the Option Date, Optionee may exercise the Option for 66 2/3 percent of the number of Option Shares, less the number of Option Shares for which the Optionee has already exercised the Option.

Appears in 3 contracts

Samples: Stock Option Agreement (Ventas Inc), Stock Option Agreement (Ventas Inc), Stock Option Agreement (Ventas Inc)

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Second Installment. Commencing on the first [second][first] anniversary of the Option Date, Optionee may exercise the Option for 66 2/3 66β…” percent of the number of Option Shares, less the number of Option Shares for which the Optionee has already exercised the Option.

Appears in 2 contracts

Samples: Stock Option Agreement (Care Capital Properties, Inc.), Stock Option Agreement (Care Capital Properties, Inc.)

Second Installment. Commencing on the first anniversary of two years after the Option Date, Optionee may exercise the Option for 66 2/3 up to 50 percent of the number of Option Shares, less the number of Option Shares for which the Optionee has already exercised the Option.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Ventas Inc), Nonqualified Stock Option Agreement (Ventas Inc)

Second Installment. Commencing on the first anniversary of the Option Date, Optionee may exercise the Option for 66 2/3 662/3 percent of the number of Option Shares, less the number of Option Shares for which the Optionee has already exercised the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Ventas Inc)

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Second Installment. Commencing on the first anniversary of the Option Date, Optionee may exercise the Option for 66 2/3 66β…” percent of the number of Option Shares, less the number of Option Shares for which the Optionee has already exercised the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Ventas Inc)

Second Installment. Commencing on the first anniversary of the Option Date, Optionee may exercise the Option for 66 2/3 percent of the number of up to one hundred sixty-six thousand six hundred sixty-seven (166,667) Option Shares, less the number of Option Shares for which the Optionee has already exercised the Option.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Ventas Inc)

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