Common use of Vesting Provisions Clause in Contracts

Vesting Provisions. Except as otherwise provided in Section 5 below, you will not be entitled to exercise the Option (and purchase any Option Shares) prior to December 1, 1997. Commencing on December 1, 1997, you shall become entitled to exercise the Option (rounded to the nearest whole share) in accordance with the following schedule, until the Option expires and terminates pursuant to Section 2 hereof:

Appears in 3 contracts

Samples: Lincare Holdings Inc, Lincare Holdings Inc, Lincare Holdings Inc

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Vesting Provisions. Except as otherwise provided in Section 5 below, you will not be entitled to exercise the Option (and purchase any Option Shares) prior to December November 1, 19972010. Commencing on December November 1, 19972010, you shall become entitled to exercise the Option (rounded to the nearest whole share) in accordance with the following schedule, until the Option expires and terminates pursuant to Section 2 hereof:

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Lincare Holdings Inc), Non Qualified Stock Option Agreement (Lincare Holdings Inc), Non Qualified Stock Option Agreement (Lincare Holdings Inc)

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Vesting Provisions. Except as otherwise provided in Section 5 below, you will not be entitled to exercise the Option (and purchase any Option Shares) prior to December 131, 19972004. Commencing on December 131, 19972004, you shall become entitled to exercise the Option (rounded to the nearest whole share) in accordance with the following schedule, until the Option expires and terminates pursuant to Section 2 hereof:

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Lincare Holdings Inc), Non Qualified Stock Option Agreement (Lincare Holdings Inc), Non Qualified Stock Option Agreement (Lincare Holdings Inc)

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