Common use of Duration of Exercisability Clause in Contracts

Duration of Exercisability. The installments provided for in the Vesting Schedule are cumulative. Each such installment which becomes vested and exercisable pursuant to the Vesting Schedule shall remain vested and exercisable until it becomes unexercisable under Section 2.3 below or pursuant to the terms of the Plan. Once the Option becomes unexercisable, it shall be forfeited immediately.

Duration of Exercisability. The installments provided for in the Vesting Schedule are is cumulative. Each such installment Any portion of the Option which vests and becomes vested and exercisable pursuant to the Vesting Schedule shall will remain vested and exercisable until it becomes unexercisable under Section 2.3 below or pursuant to the terms of the Plan. Once the Option becomes unexercisable, it shall expires. The Option will be forfeited immediatelyimmediately upon its expiration.

Duration of Exercisability. The installments provided for in the Vesting Schedule are cumulative. Each such installment which becomes vested and exercisable pursuant to the Vesting Schedule shall remain vested and exercisable until it becomes unexercisable under Section 2.3 below or pursuant to the terms of the Plan. Once the Option becomes unexercisable, it shall be forfeited immediately.

Duration of Exercisability. The installments provided for in the Vesting Schedule are vesting schedule is cumulative. Each such installment Any portion of the Option which vests and becomes vested and exercisable pursuant to the Vesting Schedule shall will remain vested and exercisable until it becomes unexercisable under Section 2.3 below or pursuant to the terms termination of the PlanOption. Once the The Option becomes unexercisable, it shall will be forfeited immediatelyimmediately upon its termination.

Duration of Exercisability. The installments provided for in the Vesting Schedule are is cumulative. Each such installment Any portion of the Option which vests and becomes vested and exercisable pursuant to the Vesting Schedule shall will remain vested and exercisable until it becomes unexercisable under Section 2.3 below or pursuant to the terms termination of the PlanOption. Once the The Option becomes unexercisable, it shall will be forfeited immediatelyimmediately upon its termination.

Duration of Exercisability. The installments provided for in the Vesting Schedule vesting schedule are cumulative. Each such installment which becomes vested and exercisable pursuant to the Vesting Schedule vesting schedule DC\4200751.4 Axalta - Option Agreement (2014 Plan)(2016 Annual Grant) shall remain vested and exercisable until it becomes unexercisable under Section 2.3 below or pursuant to the terms of the Plan3.3 hereof. Once the Option becomes unexercisable, it shall be forfeited immediately.

Duration of Exercisability. The installments provided for in the Vesting Schedule vesting schedule set forth in Section 2.1(a) are cumulative. Each such installment which becomes vested and exercisable pursuant to the Vesting Schedule vesting schedule set forth in Section 2.1(a) shall remain vested and exercisable until it becomes unexercisable under Section 2.3 below or pursuant hereof. In addition, notwithstanding anything herein to the terms contrary, the vesting of the Plan. Once Option may be accelerated by the Option becomes unexercisable, Administrator at such times and in such amounts as it shall be forfeited immediatelydetermine in its sole discretion.

Duration of Exercisability. The installments provided for in the Vesting Schedule are cumulative. Each such installment which becomes vested and exercisable pursuant to the Vesting Schedule shall remain vested and exercisable until it becomes unexercisable under Section 2.3 below 6 or pursuant to the terms of the Plan. Once the Option or portion thereof becomes unexercisable, it shall be immediately forfeited immediatelywithout consideration.