Common use of Duration of Exercisability Clause in Contracts

Duration of Exercisability. Upon vesting, the installments provided for in Section 3.1 shall be cumulative. Each such installment that vests and becomes exercisable pursuant to Section 3.1 shall remain exercisable until it becomes unexercisable under Section 3.3.

Appears in 12 contracts

Samples: Nonqualified Stock Option Agreement (Marinus Pharmaceuticals Inc), Stock Option Agreement (STRATA Skin Sciences, Inc.), Nonqualified Stock Option Agreement (Inovio Pharmaceuticals, Inc.)

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Duration of Exercisability. Upon vesting, the The installments provided for in the vesting schedule set forth in Section 3.1 shall be are cumulative. Each such installment that vests which becomes vested and becomes exercisable pursuant to the vesting schedule set forth in Section 3.1 shall remain vested and exercisable until it becomes unexercisable under Section 3.33.4.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Spectranetics Corp), Stock Option Agreement (Spectranetics Corp), Stock Option Agreement (Spectranetics Corp)

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Duration of Exercisability. Upon vesting, the installments provided for in Section 3.1 shall be cumulative. Each such installment that vests and becomes exercisable pursuant to Section 3.1 shall remain exercisable until it becomes unexercisable under Section 3.33.3 or under the applicable provisions of the Plan.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Sequoia Vaccines, Inc.), Incentive Stock Option Agreement (Sequoia Vaccines, Inc.), Incentive Stock Option Agreement (Immunome Inc.)

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