Vesting, Exercise Rights and Expiration Sample Clauses

Vesting, Exercise Rights and Expiration. Except as otherwise provided in the accompanying Terms and Conditions: (i) the Option shall vest according the schedule below, (ii) the vested portion of the Option may be exercised in whole or part, and (iii) the Option will expire on the expiration date indicated below (the “Expiration Date”).
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Vesting, Exercise Rights and Expiration. Except as otherwise provided in the accompanying Terms and Conditions: (i) the Option shall vest on the schedule below (ii) the vested portion of the Option may be exercised in whole or part, and (iii) the Option will expire on the expiration date indicated below (the “Expiration Date”). Option Number: %%OPTION_NUMBER%-% Grant Date: %%OPTION_DATE,’Month DD, YYYY’%-% Number of Shares: %%TOTAL_SHARES_GRANTED,’999,999,999’%-% Exercise Price: %%OPTION_PRICE,’$999,999,999.99’%-% Expiration Date: %%EXPIRE_DATE_PERIOD1,’Month DD, YYYY’%-% Vesting Schedule: SUPERVALU INC. RECIPIENT: By:
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Vesting, Exercise Rights and Expiration. Except as otherwise provided in the accompanying Terms and Conditions: (i) thirty-three percent (33%) of the Option shall vest in three (3) equal annual installments on each of the first three anniversaries of the Grant Date, (ii) the vested portion of the Option may be exercised in whole or part, and (iii) the Option will expire on the expiration date indicated below (the “Expiration Date”).
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Vesting, Exercise Rights and Expiration. Twenty percent (20%) of the Option shall vest on the Grant Date and the remaining portion shall vest in four (4) equal annual installments commencing on each anniversary of the Grant Date. The vested portion of the Option may be exercised in whole or part, subject to the Stock Option Terms and Conditions. Except as otherwise provided in the Stock Option Terms and Conditions, the Option will expire on the Expiration Date indicated below. Option Number Grant Date Number of Shares Type of Option Exercise Price Expiration Date SUPERVALU INC. OPTIONEE Xxxx X. Xxxxxxx Vice President, Corporate Secretary and Chief Securities Counsel XXXXXXXXX’X, INC. 2004 EQUITY AND PERFORMANCE INCENTIVE PLAN (As assumed by SUPERVALU INC.) STOCK OPTION TERMS AND CONDITIONS These Stock Option Terms and Conditions (“Terms and Conditions”) apply to the Option granted to you under the Xxxxxxxxx’x, Inc. 2004 Equity and Performance Incentive Plan, as assumed by SUPERVALU INC. (the “Plan”), pursuant to the Stock Option Agreement to which this document is attached. Capitalized terms that are used in this document, but are not defined, shall have the meanings ascribed to them in the Plan or the Stock Option Agreement.
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Vesting, Exercise Rights and Expiration. Except as otherwise provided in the accompanying Terms and Conditions: (i) the Option shall vest on the schedule below (ii) the vested portion of the Option may be exercised in whole or part, and (iii) the Option will expire on the expiration date indicated below {the “Expiration Date”). Option Number: 025337 Grant Date: August 7, 2013 Number of Shares: 225,000 Option Price: $7.76 Expiration Date: August 7, 2023 Vesting Schedule: 75,000 on August 7, 2014 75,000 on August 7, 2015 75,000 on August 7, 2016 SUPERVALU INC. RECIPIENT: By: /s/ Xxxxxxx X. Xxxxxx /s/ Xxxxx X. Xxxxxxx Xxxxxxx X. Xxxxxx Xxxxx X. Xxxxxxx Executive Vice President Executive Vice President Human Resources & Corporate Chief Financial Officer Communications SUPERVALU INC. INDUCEMENT GRANT STOCK OPTION TERMS AND CONDITIONS (FOR EMPLOYEES) These Stock Option Terms and Conditions (“Terms and Conditions”) apply to the Option granted to you as an inducement grant in reliance on the employment inducement award exemption under the New York Stock Exchange’s Listed Company Manual Rule 303A.08, subject to the terms and conditions of the Plan (but not granted pursuant to the Plan) and the Stock Option Agreement (the “Agreement”) to which this document is attached. Capitalized terms that are used in this document, but are not defined, shall have the meanings ascribed to them in the Plan or the attached Agreement. See Section 20 for a list of defined terms.
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Vesting, Exercise Rights and Expiration. Twenty percent (20%) of the Option shall vest on the Grant Date and the remaining portion shall vest in four (4) equal annual installments commencing on each anniversary of the Grant Date. The vested portion of the Option may be exercised in whole or part, subject to the Stock Option Terms and Conditions. Except as otherwise provided in the Stock Option Terms and Conditions, the Option will expire on the Expiration Date indicated below. Grant Number Grant Date Number of Shares Type of Option NQ or ISO Exercise Price Expiration Date SUPERVALU INC. OPTIONEE By: [Insert Name] SS# [Insert SSN] SUPERVALU INC. 2002 STOCK PLAN STOCK OPTION TERMS AND CONDITIONS (KEY EXECUTIVES), as amended These Stock Option Terms and Conditions (“Terms and Conditions”) apply to the Option granted to you under the 2002 Stock Plan, pursuant to the Stock Option Agreement to which this document is attached. Capitalized terms that are used in this document, but are not defined, shall have the meanings ascribed to them in the Plan or the Stock Option Agreement.
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Vesting, Exercise Rights and Expiration. Except as otherwise provided in the accompanying Terms and Conditions: (i) the Option shall vest in three (3) equal one-third annual installments (each installment with respect to 500,000 Shares) on each of the first three anniversaries of the Grant Date; provided, however, that if the price per Share equals or exceeds $7.76 for twenty (20) consecutive trading days on the New York Stock Exchange, the unvested portion of the Option at that time shall immediately vest and become exercisable. (ii) the vested portion of the Option may be exercised in whole or part, and (iii) the Option will expire on the expiration date indicated below (the “Expiration Date”).
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Vesting, Exercise Rights and Expiration. Except as otherwise provided in the accompanying Terms and Conditions: (i) the Option shall vest according the schedule below, (ii) the vested portion of the Option may be exercised in whole or part, and (iii) the Option will expire on the expiration date indicated below (the “Expiration Date”). Option Number: OPTION_NUMBER- Grant Date: OPTION_DATE,’Month DD- Number of Shares: TOTAL_SHARES_GRANTED- Exercise Price: OPTION_PRICE- Expiration Date: EXPIRE_DATE_PERIOD1- Vesting Schedule: 34%, 33% and 33% on each anniversary of the Grant Date SUPERVALU INC. RECIPIENT: By: Xxxxxxx X. Xxxxxx FIRST_NAME-MIDDLE_NAME-LAST_NAME- Executive Vice President EMPLOYEE_IDENTIFIER- Human Resources & Corporate Communications SUPERVALU INC. 2012 STOCK PLAN STOCK OPTION TERMS AND CONDITIONS (FOR EMPLOYEES) These Stock Option Terms and Conditions (“Terms and Conditions”) apply to the Option granted to you under the Plan, pursuant to the Stock Option Agreement (the “Agreement”) to which this document is attached. Capitalized terms that are used in this document, but are not defined, shall have the meanings ascribed to them in the Plan or the attached Agreement. See Section 20 for a list of defined terms.
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Vesting, Exercise Rights and Expiration. Twenty percent (20%) of the Option shall vest on the Grant Date and the remaining portion shall vest in four (4) equal annual installments commencing on each anniversary of the Grant Date. The vested portion of the Option may be exercised in whole or part, subject to the Stock Option Terms and Conditions. Except as otherwise provided in the Stock Option Terms and Conditions, the Option will expire on the Expiration Date indicated below. Option Number Grant Date Number of Shares Type of Option Exercise Price Expiration Date SUPERVALU INC. OPTIONEE Xxxx X. Xxxxxxx Vice President, Corporate Secretary and Chief Securities Counsel SUPERVALU INC. 2002 STOCK PLAN STOCK OPTION TERMS AND CONDITIONS (KEY EXECUTIVES) These Stock Option Terms and Conditions (“Terms and Conditions”) apply to the Option granted to you under the 2002 Stock Plan, pursuant to the Stock Option Agreement to which this document is attached. Capitalized terms that are used in this document, but are not defined, shall have the meanings ascribed to them in the Plan or the Stock Option Agreement.
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Related to Vesting, Exercise Rights and Expiration

  • Right to Exercise Option 3.1 The right to exercise the Option shall terminate forthwith upon the Employee ceasing to be an employee of a Group Company except in the following cases:

  • Initial Exercise Price; Exercise of Rights; Detachment of Rights (a) Subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Separation Time, to purchase, for the Exercise Price, or its U.S. Dollar Equivalent as at the Business Day immediately preceding the day of exercise of the Right, one Common Share. Notwithstanding any other provision of this Agreement, any Rights held by the Corporation or any of its Subsidiaries shall be void.

  • Term; Exercise Upon Expiration This warrant is exercisable in whole or in part, at any time and from time to time on or before the Expiration Date set forth above; provided, however, that if the Company completes its initial public offering within the three-year period immediately prior to the Expiration Date, the Expiration Date shall automatically be extended until the third anniversary of the effective date of the Company’s initial public offering. If this warrant has not been exercised prior to the Expiration Date, this warrant shall be deemed to have been automatically exercised on the Expiration Date by “cashless” conversion pursuant to Section 1.2.

  • Vesting and Exercisability of Option The Option shall vest, and may be exercised, with respect to the Shares as set forth in the Optionee Statement attached hereto and made a part hereof, subject to earlier termination of the Option as provided in Sections 1.4 and 6 hereof or in the Plan. The right to purchase the Shares as they become vested shall be cumulative and shall continue during the Exercise Term unless sooner terminated as provided herein.

  • Failure to Exercise Option To the extent that following termination of employment or service, the Option is not exercised within the applicable periods described above, all further rights to purchase shares pursuant to the Option shall cease and terminate.

  • Failure to Exercise Rights No delay in exercising, or omission to exercise, any right, power or remedy accruing to either party under the Trust Fund Grant Agreement upon any default shall impair any such right, power or remedy or be construed to be a waiver thereof or an acquiescence in such default. No action of such party in respect of any default, or any acquiescence by it in any default, shall affect or impair any right, power or remedy of such party in respect of any other or subsequent default.

  • Number of Shares Issuable upon Exercise From and after the Issue Date through and including the Expiration Date, the Holder hereof shall be entitled to receive, upon exercise of this Warrant in whole in accordance with the terms of subsection 1.2 or upon exercise of this Warrant in part in accordance with subsection 1.3, shares of Common Stock of the Company, subject to adjustment pursuant to Section 4.

  • Exercise of Rights; Exercise Price; Expiration Date of Rights (a) Subject to Sections 7(e), 23(b) and 24(b) hereof, the registered holder of any Rights Certificate may exercise the Rights evidenced thereby (except as otherwise provided herein) in whole or in part at any time after the Distribution Date and prior to the Close of Business on the Expiration Date by surrender of the Rights Certificate, with the form of election to purchase on the reverse side thereof duly executed, to the Rights Agent at the office of the Rights Agent designated for such purpose, together with payment of the Exercise Price for each one-thousandth of a Preferred Share (or, following a Triggering Event, other securities, cash or other assets as the case may be) as to which the Rights are exercised.

  • Acceleration of Exercisability of Option Notwithstanding anything to the contrary in this Agreement, including, without limitation, the forfeiture provision contained in the last sentence of Section 3 hereof, in the event that (a) there is a “Change in Control” (as defined in Section 9 of the Plan) that occurs prior to the termination of the Option pursuant to Section 6 hereof, and (b) during the period beginning 2 months prior to such Change in Control and ending 12 months following such Change in Control, either (x) the Company terminates the Optionee’s employment without Cause, or (y) the Optionee terminates his employment due to a “Constructive Termination” (as defined in that certain Second Amended and Restated Employment Agreement, dated as of September 14, 2012, by and between the Company and the Optionee, or in any superseding employment, consulting, or other agreement for the performance of services between the Company and the Optionee), then the Option shall be accelerated so that 100% of the number of Shares subject to the Option not already vested pursuant to Section 3 hereof as of the date of such termination shall become vested and immediately exercisable.

  • Right of Exercise Subject to the provisions hereof, each Registered Warrantholder may exercise the right conferred on such holder to subscribe for and purchase one (1) Common Share for each Warrant after the Issue Date and prior to the Expiry Time and in accordance with the conditions herein.

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