Conditions for vesting and exercise. (a) The Board will determine prior to an Invitation being made and specify in the Invitation Letter any Performance Hurdles and/or Vesting Conditions attaching to the Options.
Conditions for vesting and exercise
Vesting and Exercisability (a) No portion of this Stock Option may be exercised until such portion shall have vested.
Conditions of Exercise Unless otherwise determined by the Committee in its sole discretion (provided that such determination is not adverse to the Grantee), the Options will be exercisable only in accordance with the conditions stated in this Section 3.