Vesting and Exercise Period. The Option shall vest and become exercisable as follows:
Vesting and Exercise Period. If the Grantee’s membership is terminated on account of Retirement (as defined hereunder), the options granted hereunder shall (i) subject to both the Death of Grantee and Disability of Grantee paragraphs below, continue to vest in accordance with the schedule set forth in Section 2, Exercise of Options above, and (ii) upon vesting, continue to be exercisable until the expiration date of the option.
Vesting and Exercise Period. Each Option shall vest on the date of grant and may be exercised during the period commencing on the date of grant and continuing through and including the fifth anniversary of the date of grant.
Vesting and Exercise Period. This Warrant shall vest to the Holder as of the Effective Date of the Warrant and shall expire and all rights hereunder shall be extinguished five (5) years from the date which Xxxxxxx X. Xxxxxx is released or otherwise is no longer obligated to provide the Personal Guarantee (as defined above).
Vesting and Exercise Period. This Warrant is only exercisable if and to the extent it is vested. The Shares hereunder shall vest and become exercisable as follows: one twelfth (1/12th) of the Shares shall vest beginning on the one month anniversary of the Effective Date and one twelfth (1/12th) of the total number of Shares shall vest each month thereafter on the same day of the month as the Effective Date, provided, however, that vesting on any such date is subject to Holder’s continuing provision of services to the Company pursuant to the Consulting Agreement though such date. The Warrant shall be exercisable with respect to the vested Shares, in whole or in part, prior to (or in connection with) the expiration of this Warrant as set forth in Section 8.
Vesting and Exercise Period. Subject to Section 2(b) below, the Option shall become exercisable as to portions of the Shares as follows: (i) the Option shall not be exercisable with respect to any of the Shares until the first anniversary of the Effective Date (the “First Vesting Date”); (ii) on the First Vesting Date the Option shall become exercisable as to percent ( %) of the shares; and (iii) thereafter, upon each of successive anniversaries of the First Vesting Date (such anniversaries and the First Vesting Dare are collectively referred to as the “Vesting Dates”), the option shall become exercisable as to an additional percent ( %) of the shares
Vesting and Exercise Period. Provided that you have continuously provided services to the Company, or any Parent or Subsidiary (as those terms are defined in the Silicon Image, Inc. 2008 Equity Incentive Plan), this Option shall vest and become exercisable as follows: (Vesting Schedule to be provided here)
Vesting and Exercise Period. Each Option shall have a term of five years from the Closing Date (the "Option Period") and shall vest in three equal installments on the Closing Date and the first two anniversaries thereof. Each Option must be exercised by written notice given to Alamar at any time during the Option Period. The certificate or certificates for the shares of Alamar Common Stock as to which the Option shall have been so exercised shall be delivered to the Option holder as soon as practicable after receipt by Alamar of such notice and payment pursuant to Section 2.2 above. If not so exercised, the Option shall lapse.
Vesting and Exercise Period. The Options granted hereunder shall vest and become exercisable January 5, 2006. Unvested options may not be exercised.
Vesting and Exercise Period. 2.1 Provided that the Participant’s Termination does not occur prior to the applicable Vesting Date (as defined below), the Option will become vested and exercisable with respect to 50,000 of the Option Shares thereto on the first five anniversaries of the Date of Grant until the Option is 100% vested on the fifth anniversary of the Date of Grant (each anniversary of the Date of Xxxxx referred to as a “Vesting Date” and the fifth anniversary of the Date of Grant referred to as the “Final Vesting Date”). Except as provided in Section 3 of this Agreement, in the event of the Participant’s Termination prior to the Final Vesting Date, any unvested portion of the Option shall be immediately forfeited and terminate on the Participant’s Termination (and for the avoidance of doubt, the Option is only exercisable to the extent it is vested).
