Common use of Dates of Exercise Clause in Contracts

Dates of Exercise. This option shall become exercisable for the A Option Shares and B Option Shares in accordance with the following schedules: A Option Shares Date: Aggregate number of A Option Shares for which the option is then exercisable : On or after June 30, 2006 10,437 On or after September 30, 2006 41,747 On or after December 31, 2006 73,057 On or after March 31, 2007 104,367 On or after June 30, 2007 135,677 On or after September 30, 2007 166,987 On or after December 31, 2007 198,297 On or after March 31, 2008 229,607 On or after June 30, 2008 260,917 On or after September 30, 2008 292,227 On or after December 31, 2008 323,537 On or after March 31, 2009 354,847 On or after May 31, 2009 375,713 1 Table of Contents B Option Shares Date: Aggregate number of B Option Shares for which the option is then exercisable : On or after June 30, 2006 7,828 On or after September 30, 2006 31,311 On or after December 31, 2006 54,793 On or after March 31, 2007 78,275 On or after June 30, 2007 101,757 On or after September 30, 2007 125,239 On or after December 31, 2007 148,721 On or after March 31, 2008 172,203 On or after June 30, 2008 195,685 On or after September 30, 2008 219,167 On or after December 31, 2008 242,649 On or after March 31, 2009 266,131 On or after June 30, 2009 289,613 On or after September 30, 2009 313,095 On or after December 31, 2009 336,577 On or after March 31, 2010 360,059 On or after May 31, 2010 375,713 As the option becomes exercisable for such installments, those installments shall accumulate and the option shall remain exercisable for the accumulated installments until the Expiration Date or sooner termination of the option term under Paragraph 5 or 6.

Appears in 1 contract

Samples: Stock Option Agreement (CTC Media, Inc.)

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Dates of Exercise. This option shall become exercisable for the A Option Shares and B Option Shares in accordance with the following schedules: A Option Shares Date: Aggregate number of A Option Shares for which the option is then exercisable exercisable: On or after June 30, 2006 10,437 On or after September 30, 2006 41,747 On or after December 31, 2006 73,057 On or after March 31, 2007 104,367 On or after June 30, 2007 135,677 On or after September 30, 2007 166,987 On or after December 31, 2007 198,297 On or after March 31, 2008 229,607 On or after June 30, 2008 260,917 On or after September 30, 2008 292,227 On or after December 31, 2008 323,537 On or after March 31, 2009 354,847 On or after May 31, 2009 375,713 1 Table of Contents B Option Shares Date: Aggregate number of B Option Shares for which the option is then exercisable exercisable: On or after June 30, 2006 7,828 On or after September 30, 2006 31,311 On or after December 31, 2006 54,793 On or after March 31, 2007 78,275 On or after June 30, 2007 101,757 On or after September 30, 2007 125,239 On or after December 31, 2007 148,721 On or after March 31, 2008 172,203 On or after June 30, 2008 195,685 On or after September 30, 2008 219,167 On or after December 31, 2008 242,649 On or after March 31, 2009 266,131 On or after June 30, 2009 289,613 On or after September 30, 2009 313,095 On or after December 31, 2009 336,577 On or after March 31, 2010 360,059 On or after May 31, 2010 375,713 As the option becomes exercisable for such installments, those installments shall accumulate and the option shall remain exercisable for the accumulated installments until the Expiration Date or sooner termination of the option term under Paragraph 5 or 6.

Appears in 1 contract

Samples: Stock Option Agreement (CTC Media, Inc.)

Dates of Exercise. This option shall become exercisable for the A Option Shares and B Option Shares in accordance with the following schedules: A Option Shares Dateschedule: Aggregate number of A Option Shares for Date: which the option is then exercisable exercisable: On or after December 10, 2008 100,000 On or after March 31, 2009 125,000 On or after June 30, 2006 10,437 2009 150,000 On or after September 30, 2006 41,747 2009 175,000 On or after December 31, 2006 73,057 2009 200,000 On or after March 31, 2007 104,367 2010 225,000 On or after June 30, 2007 135,677 2010 250,000 On or after September 30, 2007 166,987 2010 275,000 On or after December 31, 2007 198,297 2010 300,000 On or after March 31, 2011 325,000 On or after June 30, 2011 350,000 On or after September 30, 2011 375,000 On or after December 10, 2011 400,000 Provided, however, that, without limiting the generality of Paragraph 6 below, if a Change of Control or a Corporate Transaction occurs prior to December 10, 2008, this option shall become exercisable for the Option Shares in accordance with the following schedule (instead of the schedule set out above): Aggregate number of Option Shares for Date: which the option is then exercisable: On or after March 31, 2008 229,607 25,000 On or after June 30, 2008 260,917 50,000 On or after September 30, 2008 292,227 75,000 On or after December 31, 2008 323,537 100,000 On or after March 31, 2009 354,847 On or after May 31, 2009 375,713 1 Table of Contents B Option Shares Date: Aggregate number of B Option Shares for which the option is then exercisable : On or after June 30, 2006 7,828 On or after September 30, 2006 31,311 On or after December 31, 2006 54,793 On or after March 31, 2007 78,275 On or after June 30, 2007 101,757 On or after September 30, 2007 125,239 On or after December 31, 2007 148,721 On or after March 31, 2008 172,203 On or after June 30, 2008 195,685 On or after September 30, 2008 219,167 On or after December 31, 2008 242,649 On or after March 31, 2009 266,131 125,000 On or after June 30, 2009 289,613 150,000 On or after September 30, 2009 313,095 175,000 On or after December 31, 2009 336,577 200,000 On or after March 31, 2010 360,059 225,000 On or after May June 30, 2010 250,000 On or after September 30, 2010 275,000 On or after December 31, 2010 375,713 300,000 On or after March 31, 2011 325,000 On or after June 30, 2011 350,000 On or after September 30, 2011 375,000 On or after December 10, 2011 400,000 As the option becomes exercisable for such installments, those installments shall accumulate and the option shall remain exercisable for the accumulated installments until the Expiration Date or sooner termination of the option term under Paragraph 5 or 6.

Appears in 1 contract

Samples: Stock Option Agreement (CTC Media, Inc.)

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Dates of Exercise. This option shall become exercisable for the A Option Shares and B Option Shares in accordance with the following schedules: A Option Shares Date: Aggregate number of A Option Shares for which the option is then exercisable exercisable: On or after June 30, 2006 10,437 41,746 On or after September 30, 2006 41,747 166,984 On or after December 31, 2006 73,057 292,222 On or after March 31, 2007 104,367 417,460 On or after June 30, 2007 135,677 542,698 On or after September 30, 2007 166,987 667,936 On or after December 31, 2007 198,297 793,174 On or after March 31, 2008 229,607 918,412 On or after June 30, 2008 260,917 1,043,650 On or after September 30, 2008 292,227 1,168,888 On or after December 31, 2008 323,537 1,294,126 On or after March 31, 2009 354,847 1,419,364 On or after May 31, 2009 375,713 1,502,852 1 Table of Contents B Option Shares Date: Aggregate number of B Option Shares for which the option is then exercisable exercisable: On or after June 30, 2006 7,828 31,310 On or after September 30, 2006 31,311 125,239 On or after December 31, 2006 54,793 219,178 On or after March 31, 2007 78,275 313,107 On or after June 30, 2007 101,757 407,035 On or after September 30, 2007 125,239 500,963 On or after December 31, 2007 148,721 594,891 On or after March 31, 2008 172,203 688,819 On or after June 30, 2008 195,685 782,747 On or after September 30, 2008 219,167 876,675 On or after December 31, 2008 242,649 970,603 On or after March 31, 2009 266,131 1,064,531 On or after June 30, 2009 289,613 1,158,459 On or after September 30, 2009 313,095 1,252,387 On or after December 31, 2009 336,577 1,343,315 On or after March 31, 2010 360,059 1,440,243 On or after May 31, 2010 375,713 1,502,852 As the option becomes exercisable for such installments, those installments shall accumulate and the option shall remain exercisable for the accumulated installments until the Expiration Date or sooner termination of the option term under Paragraph 5 or 6.

Appears in 1 contract

Samples: Stock Option Agreement (CTC Media, Inc.)

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