Common use of Conditions to Exercisability Clause in Contracts

Conditions to Exercisability. The Options shall vest and become exercisable as follows: [INSERT VESTING SCHEDULE] if the Grantee continues to be employed by the Company or any of its Subsidiaries on such date or dates.

Appears in 3 contracts

Samples: Equity Incentive Plan Incentive Stock Option Agreement (Rafael Holdings, Inc.), Incentive Stock Option Agreement (Zedge, Inc.), Incentive Stock Option Agreement (Straight Path Communications Inc.)

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Conditions to Exercisability. The Options shall vest and become exercisable as follows: [INSERT VESTING SCHEDULE] if If the Grantee continues to be employed by the Company or any of its Subsidiaries remains in Continuous Service through and on such date or datesdates (or if otherwise set forth in an employment agreement between the Grantee and the Company that is in effect at the relevant time).

Appears in 3 contracts

Samples: Incentive Plan Nonqualified Stock Option Agreement (Rafael Holdings, Inc.), Nonqualified Stock Option Agreement (Zedge, Inc.), 2013 Stock Option and Incentive Plan (Straight Path Communications Inc.)

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