Common use of Conditions to Exercise of Option Clause in Contracts

Conditions to Exercise of Option. Except as otherwise set forth in Section 7 below, the Optionee may exercise this Option or any portion thereof after it has vested and during his lifetime only while he is employed by, or providing services to, the Company or a Subsidiary.

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Guardian International Inc), Stock Option Agreement (Guardian International Inc), Stock Option Agreement (Guardian International Inc)

AutoNDA by SimpleDocs

Conditions to Exercise of Option. Except as otherwise set forth in Section 7 6 below, the Optionee may exercise this the Option or any portion thereof after it has vested and during his lifetime only while he is employed by, or providing services to, by the Company or a Subsidiary.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (FPL Group Inc), Non Qualified Stock Option Agreement (FPL Group Inc)

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