Common use of Vesting and Exercisability Clause in Contracts

Vesting and Exercisability. Except as otherwise provided in Section 6, this Option shall vest and become exercisable with regard to the following percentages of the aggregate number of shares of Common Stock subject to this Option, rounded to the nearest whole number of shares, on the vesting dates set forth below, unless the Holder’s Severance has occurred prior to the applicable vesting date: Vesting Date Cumulative Percent of Shares Subject to this Option Vested on Such Date One year after the Grant Date 33% Two years after the Grant Date 66% Three years after the Grant Date 100%

Appears in 6 contracts

Samples: A Grant Agreement (Mattel Inc /De/), Grant Agreement (Mattel Inc /De/), Grant Agreement (Mattel Inc /De/)

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Vesting and Exercisability. Except as otherwise provided in Section 6, this Option shall vest and become exercisable with regard to the following percentages of the aggregate number of shares of Common Stock subject to this Option, rounded to the nearest whole number of shares, on the vesting dates set forth below, unless the Holder’s Severance has occurred prior to the applicable vesting date: Vesting Date Cumulative Percent of Shares Subject to this Option Vested on Such Date One year after the Grant Date 3333 % Two years after the Grant Date 6666 % Three years after the Grant Date 100100 %

Appears in 1 contract

Samples: Grant Agreement (Mattel Inc /De/)

Vesting and Exercisability. Except as otherwise provided in Section 65, this Option shall vest and become exercisable with regard to the following percentages of the aggregate number of shares of Common Stock subject to this Option, rounded to the nearest whole number of shares, on the vesting dates set forth below, unless the Holder’s Severance has occurred prior to the applicable vesting date: Vesting Date Cumulative Percent of Shares Subject to this Option Vested on Such Date One year after the Grant Date 3333 % Two years after the Grant Date 6666 % Three years after the Grant Date 100100 %

Appears in 1 contract

Samples: Grant Agreement (Mattel Inc /De/)

Vesting and Exercisability. Except as otherwise provided in Section 6, this i. This Option shall vest and become exercisable with regard to the following percentages of the aggregate number of shares of Common Stock subject to this Option, rounded to the nearest whole number of shares, on the vesting dates set forth below, unless the Holder’s Severance has occurred prior to the applicable vesting date: Vesting Date Cumulative Percent of Shares Subject to this Option Vested on Such Date One year after the Grant Date 33% Two years after the Grant Date 66% Three years after the Grant Date 100%

Appears in 1 contract

Samples: A Grant Agreement (Mattel Inc /De/)

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Vesting and Exercisability. Except as otherwise provided in Section 65, this Option shall vest and become exercisable with regard to the following percentages of the aggregate number of shares of Common Stock subject to this Option, rounded to the nearest whole number of shares, on the vesting dates set forth below, unless the Holder’s Severance has occurred prior to the applicable vesting date: Vesting Date Cumulative Percent of Shares Subject to this Option Vested on Such Date One year after the Grant Date 33% Two years after the Grant Date 66% Three years after the Grant Date 100%

Appears in 1 contract

Samples: Grant Agreement (Mattel Inc /De/)

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