Cliff Vesting. The Performance Period for this Option is _____ years (at least one), beginning on the date specified in part I above. After the Performance Period expires, the Committee will determine whether the Performance Measures specified in part I above were achieved. If the Performance Measures were achieved in full, the Grantee will vest in this entire Option. If the Performance Measures were not achieved in full, the Grantee will forfeit this entire Option.
Appears in 6 contracts
Samples: Nonqualified Stock Option Agreement (Interactive Intelligence Group, Inc.), Nonqualified Stock Option Agreement (Itt Educational Services Inc), Incentive Stock Option Agreement (Interactive Intelligence Inc)
Cliff Vesting. The Performance Period for this Option is _____ years (at least one), beginning on the date specified in part I above. After the Performance Period expires, the Committee will determine whether the Performance Measures specified in part I above were achieved. If the Performance Measures were achieved in full, the Grantee will vest in this entire Option. If the Performance Measures were not achieved in full, the Grantee will forfeit this entire Option.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (Itt Educational Services Inc), Nonqualified Stock Option Agreement (Itt Educational Services Inc), Nonqualified Stock Option Agreement (Itt Educational Services Inc)
