Vested Option Shares definition

Vested Option Shares means shares of EDS Common Stock the Grantee is entitled to receive upon exercise of the Option and fulfillment of any other terms and conditions applicable to the Grantee under this Agreement and/or the Plan.

Vested Option Shares means, at the relevant time of reference thereto, those Option Shares for which the Option are fully exercisable at such time pursuant to this Section 4.

Vested Option Shares on the dates set forth in the following Vesting schedule (“Vesting Date”):

Examples of Vested Option Shares in a sentence

• Any part of the Vested Option Shares not exercised within the relevant prescribed Exercise Period shall forthwith lapse.

• For Crandell, the Vested Option Shares were included in the number of shares of common stock outstanding.

• For Nelsen, the Vested Option Shares were included in the number of shares of Common Stock outstanding.

• Revise la siguiente información para identificar los procesos que se utilizan a fin de determinar la elegibilidad.

• Vested Option Shares shall be exercised by the delivery of written notice to the Company setting forth the number of shares with respect to which the Option is to be exercised, together with cash, certified check, bank draft or postal or express money order payable to the order of the Company for an amount equal to the option price of such shares and any income taxes required to be withheld, and specifying the address to which the certificates for such shares are to be mailed.

More Definitions of Vested Option Shares

Vested Option Shares is defined in Section 2.

Vested Option Shares as defined in Section 3.3(b).

Vested Option Shares means the Option Shares with respect to which the Option has become exercisable.

Vested Option Shares means only that percentage of the number of shares of Stock subject to the Option as to which the Option becomes exercisable after the Vesting Commencement Date following completion of a continuous period of service indicated in the schedule below. The Option will vest as to thirty-three and one-third percent (331/3%) of the Option Shares on the first anniversary of the Vesting Commencement Date and then an additional 1/36th of the Option Shares shall become Vested Option Shares per month thereafter until the third anniversary of the Vesting Commencement Date at which point all Option Shares will be Vested Option Shares; provided, however, that the vesting of Option Shares shall continue only if the Optionee remains at all times in the continuous service of the Company as a director from and after the Vesting Commencement Date. For purposes of this Vesting Schedule, the Vesting Commencement Date is _______________.

Vested Option Shares means the shares of Common Stock underlying the Vested Options.

Vested Option Shares means the shares of Company Capital Stock issuable pursuant each option issued by the Company that is outstanding, vested and not expired immediately prior to the Effective Time, on a treasury basis (net exercise) and the exercise price is less than $0.20.

Vested Option Shares any Option Shares that have vested or will vest and become capable of exercise in accordance with Clause 4.1 as at the date of completion of the Change of Control; SCHEDULE THREE The Restrictions and Conditions Applying to the Shares subject to the Option Shares to be received pursuant to the Option are subject to the following restrictions and conditions