Common use of Effect of Grant Clause in Contracts

Effect of Grant. Participant shall not earn any Options granted ---------------- hereunder until such time as all the conditions put forth herein and in the Plan which are required to be met in order to exercise the Option have been fully satisfied.

Appears in 2 contracts

Samples: Consulting Agreement (Parametric Technology Corp), Consulting Agreement (Parametric Technology Corp)

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Effect of Grant. Participant shall not earn any Options granted hereunder ---------------- hereunder until such time as all the conditions put forth herein and in the Plan which are required to be met in order to exercise the Option have been fully satisfied.

Appears in 2 contracts

Samples: Consulting Agreement (Parametric Technology Corp), Consulting Agreement (Parametric Technology Corp)

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Effect of Grant. Participant shall not earn any Options granted ---------------- --------------- hereunder until such time as all the conditions put forth herein and in the Plan which are required to be met in order to exercise the Option have been fully satisfied.

Appears in 1 contract

Samples: Consulting Agreement (Parametric Technology Corp)

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