AND EXERCISABILITY. (a) No portion of this Stock Option may be exercised until such portion shall have vested.
AND EXERCISABILITY. This Option shall vest and become exercisable as follows:
AND EXERCISABILITY. The Option vests and becomes fully exercisable immediately upon the satisfaction of any part or all of the Guaranty by the Optionee but only to such extent of the satisfaction of the Guaranty as provided in Section 1 hereof.
AND EXERCISABILITY. (a) The Stock Option is fully vested and immediately exercisable with respect to all Option Shares, and it shall continue to be exercisable by Xxxxx or his successors as contemplated herein at any time or times prior to the Expiration Date.
AND EXERCISABILITY. Subject to the limitations contained herein, the Option will vest and become exercisable as provided in your Grant Notice, provided that vesting will cease upon the termination of your employment or service relationship with the Company or a Related Corporation and the unvested portion of the Option will terminate.
AND EXERCISABILITY. This option shall vest and become exercisable for the Option Shares in one or more installments as specified in the Grant Notice. As the option becomes exercisable for such installments, those installments shall accumulate, and the option shall remain exercisable for the accumulated installments until the Expiration Date or sooner termination of the option term under Paragraph 5 or 6.
AND EXERCISABILITY. (a) No portion of this Option may be exercised until such portion shall have vested.
AND EXERCISABILITY. (a) This Option is fully exercisable as of the Date of Grant; provided, however, that this Option may not be exercised as to any shares after the expiration of ten (10) years from the Date of Grant.
AND EXERCISABILITY. (a) Except as set forth below and in Section 6, and subject to the determination of the Committee, in its sole discretion to accelerate the vesting schedule hereunder, this stock option shall become exercisable ("vest") as to 25% of the original number of Shares on the first anniversary of the Grant Date and as to an additional 1/48th of the original number of Shares at the end of each successive one-month period following the first anniversary of the Grant Date until the fourth anniversary of the Grant Date. The right of exercise shall be cumulative so that to the extent the Stock Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Option Shares for which it is vested until the earlier of the Expiration Date or the termination of this option under Section 2 hereof or the Plan. Notwithstanding anything herein to the contrary, but without limitation of Section 6, in the event that this Stock Option is assumed or continued by the Company or its successor entity in the sole discretion of the parties to a Sale Event and thereafter remains in effect following such Sale Event as contemplated by Section 6, then this Stock Option shall be deemed vested and exercisable in full upon the date on which the Optionee's employment with the Company and its subsidiaries or successor entity terminates if (i) such termination occurs within 12 months of such Sale Event and (ii) such termination is by the Company without Cause or by the Optionee for Good Reason.
AND EXERCISABILITY. This Option shall vest and become exercisable in accordance with the Plan and as follows:
