Examples of Original Grant Date in a sentence
No Options shall be exercisable after the tenth anniversary of the Original Grant Date.
This Option shall not be exercisable in any event after the expiration of ten years from the Original Grant Date.
Each Original Plan Option and each Catch-Up Option shall vest as to 25% on the Original Grant Date, and the remainder shall vest ratably on each of the first three anniversaries of the Original Grant Date.
These Options expire ten years from the Original Grant Date (the “Expiration Date”), subject to the provisions of the NewCo Plan and this Agreement, which may provide for earlier expiration in certain instances, including Optionee’s termination of employment.
Notwithstanding the foregoing provisions of this Section 3, in no event may the Option be exercised, in whole or in part, more than ten years following the Original Grant Date, or after the occurrence of an event referred to in Section 7 below that results in termination of the Option.
The vesting period of the Option Units (the “Vesting Period”) began on the Original Grant Date and continues until such Vesting Dates, and subject to such vesting conditions, as set forth above.
This Option shall be immediately terminated and forfeited if the non-qualified option granted to the Optionee pursuant to the Option Award Agreement dated as of [Original Grant Date] (the “Eligible Options”) are not accepted for exchange in the tender offer made by the Company for the Eligible Options on or about the date hereof.
If a Termination of Employment occurs prior to the vesting in full of the New Cardinal Health Restricted Shares by reason of Awardee’s Retirement, but at least 6 months from the Original Grant Date, then a Ratable Portion of each installment of the New Cardinal Health Restricted Shares that would have vested on each future Vesting Date shall immediately vest and not be forfeited.
In any event, all the Options vest eight years from the Original Grant Date or upon the Optionee’s death, Disability or Involuntary Termination, unless the Options are terminated earlier in accordance with the provisions of the NewCo Plan or this Agreement.
The term of the Option shall expire at 4:00 pm local New York City time on the tenth anniversary of the Original Grant Date (the “Expiration Date”), unless terminated earlier in accordance with the Plan and this Agreement.