Vesting of Awards. (a) Except as provided in Sections 5(b) or 8 below, the Option shall vest in four equal annual installments on each February 15th beginning February 15, 20__; provided that (i) the Grantee remains continuously employed by the Company through each such applicable vesting date, and (ii) the Grantee has duly executed this Agreement prior to the first such vesting date.
Appears in 2 contracts
Samples: Time Based Option Grant Agreement (Under Armour, Inc.), Time Based Option Grant Agreement (Under Armour, Inc.)
Vesting of Awards. (a) Except as provided in Sections 5(b) or 8 below, the Option shall vest in four _______ equal annual installments on each February 15th beginning February 15, 20__; provided that (i) the Grantee remains continuously employed by the Company through each such applicable vesting date, and (ii) the Grantee has duly executed this Agreement prior to the first such vesting date.
Appears in 1 contract
Samples: Time Based Option Grant Agreement (Under Armour, Inc.)
Vesting of Awards. (a) Except as provided in Sections 5(b) or 8 below, the Option shall vest in four ___ equal annual installments on each February 15th beginning February 15, 20__2018; provided that (i) the Grantee remains continuously employed by the Company through each such applicable vesting date, and (ii) the Grantee has duly executed this Agreement prior to the first such vesting date.
Appears in 1 contract
Samples: Time Based Option Grant Agreement (Under Armour, Inc.)
