Confirmation of Grant. The Company hereby evidences and confirms the grant to the Employee, effective as of the date hereof (the “Grant Date”), of: (i) options to purchase from the Company shares of Common Stock, which shall become exercisable, if at all, as provided in Section 2(a) (the “Service Options”); and (ii) options to purchase from the Company shares of Common Stock which shall become exercisable, if at all, as provided in Section 2(b) (the “Exit Options” and, together with the Service Options, the “Options”).
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement (Del Pharmaceuticals, Inc.), Non Qualified Stock Option Agreement (Adesa California, LLC), Nonqualified Stock Option Agreement (IAA Acquisition Corp.)
Confirmation of Grant. The Company hereby evidences and confirms the grant to the Employee, effective as of the date hereof (the “Grant Date”), of:
(i) options to purchase from the Company shares of Common Stock, which shall become exercisable, if at all, as provided in Section 2(a) (the “Service Options”); and
(ii) options to purchase from the Company shares of Common Stock which shall become exercisable, if at all, as provided in Section 2(b) (the “Exit Options” and, together with the Service Options, the “Options”).the
Appears in 2 contracts
Samples: Stock Option Agreement (Cambridge Display Technology, Inc.), Stock Option Agreement (Cambridge Display Technology, Inc.)
Confirmation of Grant. The Company hereby evidences and confirms the grant to the Employee, effective as of the date hereof (the “Grant Date”), of:
(i) options to purchase from the Company «Service_Options» shares of Common Stock, which shall become exercisable, if at all, as provided in Section 2(a) (the “Service Options”); and;
(ii) options to purchase from the Company «Performance_Options» shares of Common Stock Stock, which shall become exercisable, if at all, as provided in Section 2(b) (the “Exit Options” and, together with the Service Options, the “Performance Options”).; and
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Alliance Laundry Systems LLC)
Confirmation of Grant. The Company hereby evidences and confirms the grant to the Employee, effective as of the date hereof (the “Grant Date”), of:
(i) of options to purchase from the Company shares of Common Stock, which shall become exercisable, if at all, as provided in Section 2(a) (the “Service Options”); and
(ii) options to purchase from the Company shares of Common Stock which shall become exercisable, if at all, as provided in Section 2(b) (the “Exit Options” and, together with the Service Options, the “Options”).
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (KAR Auction Services, Inc.)
Confirmation of Grant. The Company hereby evidences and confirms the grant to the Employee, effective as of the date hereof (the “Grant Date”), of:
(i) options to purchase from the Company [ ] shares of Common Stock, which shall become exercisable, if at all, as provided in Section 2(a) (the “Service Options”); andOptions”);1
(ii) options to purchase from the Company [ ] shares of Common Stock Stock, which shall become exercisable, if at all, as provided in Section 2(b) (the “Exit Options” and, together with the Performance Options”);2 and 1 40% of an Employee’s total grant will be Service Options, the “Options”).
Appears in 1 contract
Confirmation of Grant. The Company hereby evidences and confirms the grant to the EmployeeParticipant, effective as of the date hereof (the “Grant Date”), of:
(i) options to purchase from the Company «Time» shares of Common Stock, which shall become exercisable, if at all, as provided in Section 2(a) (the “Service Options”); and
(ii) options to purchase from the Company «Performance» shares of Common Stock Stock, which shall become exercisable, if at all, as provided in Section 2(b) (the “Exit Options” and, together with the Service Options, the “Performance Options”).
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Sra International, Inc.)
