Duration and Exercisability. A. No portion of this Option may be exercised by Employee until the first anniversary of the Date of Grant and then only in accordance with the Vesting Schedule set forth below. In no event shall this Option or any portion of this Option be exercisable following the tenth anniversary of the Date of Grant.
Appears in 9 contracts
Samples: Qualified Stock Option Agreement (Graco Inc), Option Agreement (Graco Inc), Qualified Stock Option Agreement (Graco Inc)
Duration and Exercisability. A. No portion of this Option may be exercised by Employee Nonemployee Director until the first anniversary of the Date of Grant Grant, and then only in accordance with the Vesting Schedule set forth below. In no event shall this Option or any portion of this Option be exercisable following the tenth anniversary of the Date of Grant.
Appears in 4 contracts
Samples: Incentive Plan (Graco Inc), Stock Option Agreement (Graco Inc), Stock Incentive Plan (Graco Inc)
