Common use of Vesting of Option Clause in Contracts

Vesting of Option. Subject to the provisions of Paragraphs 5 and 6 hereof, this Option shall vest and become exercisable during the term of Optionee's employment or engagement in whole or in part beginning on the date of this Agreement.

Appears in 11 contracts

Samples: Incentive Stock Option Agreement (Vape Holdings, Inc.), Nonstatutory Stock Option Agreement (Vape Holdings, Inc.), Incentive Stock Option Agreement (MATECH Corp.)

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Vesting of Option. Subject to the provisions of Paragraphs 5 and 6 hereof, this Option shall vest and become exercisable during the term of Optionee's employment or engagement in whole or in part beginning on the date of this Agreement. 4.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Material Technologies Inc /Ca/), Incentive Stock Option Agreement (Material Technologies Inc /Ca/)

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