Common use of Condition to Accelerated Vesting and Exercisability Clause in Contracts

Condition to Accelerated Vesting and Exercisability. The accelerated vesting and exercisability of shares of Common Stock subject to the Option pursuant to subparagraph 2(a) shall be conditioned on the Holder’s delivery to the Company of an executed General Release substantially in the form attached as Exhibit C to the Grant Notice (which General Release shall be subject to revision from time-to-time by the Company due to, among other things, changing legal and regulatory requirements) and the Holder’s non-revocation of such General Release during the time period for such revocation set forth therein. EXHIBIT C TO STOCK OPTION GRANT NOTICE FORM OF GENERAL RELEASE

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Leap Wireless International Inc)

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Condition to Accelerated Vesting and Exercisability. The accelerated vesting and exercisability of shares of Common Stock subject to the Option pursuant to subparagraph 2(a) shall be conditioned on the Holder’s delivery to the Company of an executed General Release substantially in the form attached as Exhibit C to the Grant Notice (which General Release shall be subject to revision from time-to-time by the Company due to, among other things, changing legal and regulatory requirements) and the Holder’s non-revocation of such General Release during the time period for such revocation set forth therein. 4-Year Time Based Vesting Stock Options EXHIBIT C TO STOCK OPTION GRANT NOTICE FORM OF GENERAL RELEASE

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Leap Wireless International Inc)

Condition to Accelerated Vesting and Exercisability. The accelerated vesting and exercisability of shares of Common Stock subject to the Option pursuant to subparagraph 2(a) shall be conditioned on the Holder’s 's delivery to the Company of an executed General Release substantially in the form attached as Exhibit C to the Grant Notice (which General Release shall be subject to revision from time-to-time by the Company due to, among other things, changing legal and regulatory requirements) and the Holder’s 's non-revocation of such General Release during the time period for such revocation set forth therein. EXHIBIT C TO STOCK OPTION GRANT NOTICE FORM OF GENERAL RELEASE

Appears in 1 contract

Samples: Stock Option Agreement (Leap Wireless International Inc)

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Condition to Accelerated Vesting and Exercisability. The accelerated vesting and exercisability of shares of Common Stock subject to the Option pursuant to subparagraph 2(a) shall be conditioned on the Holder’s delivery to the Company of an executed General Release substantially in the form attached as Exhibit C D to the Grant Notice (which General Release shall be subject to revision from time-to-time by the Company due to, among other things, changing legal and regulatory requirements) and the Holder’s non-revocation of such General Release during the time period for such revocation set forth therein. EXHIBIT C TO STOCK OPTION GRANT NOTICE FORM OF GENERAL RELEASE.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Leap Wireless International Inc)

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