Common use of Conditions to Exercisability Clause in Contracts

Conditions to Exercisability. The Options shall vest and become exercisable as follows: 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: Incentive Stock Option Agreement (Rafael Holdings, Inc.), Incentive Stock Option Agreement (Zedge, Inc.), Incentive Stock Option Agreement (Straight Path Communications Inc.)

AutoNDA by SimpleDocs

Conditions to Exercisability. The Options shall vest and become exercisable as follows: 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: Nonqualified Stock Option Agreement (Rafael Holdings, Inc.), Nonqualified Stock Option Agreement (Zedge, Inc.), Nonqualified Stock Option Agreement (Straight Path Communications Inc.)

Conditions to Exercisability. The Options shall vest and become exercisable as follows: «VESTING», if the Grantee continues to be employed by or acts as a consultant to or a director of the Company or any of its Subsidiaries on such date or dates.

Appears in 1 contract

Samples: Stock Option Agreement (CTM Media Holdings, Inc.)

AutoNDA by SimpleDocs

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

Appears in 1 contract

Samples: Incentive Stock Option Agreement (CTM Media Holdings, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!