Exercisability and Termination of Option. Except as provided herein, the Option may be exercised only while the Optionee is an employee of either the Company or an affiliate of the Company and only if the Optionee has been continuously so employed since the date of grant of the Option. Subject to Paragraph 6, the Option may be exercised by the Optionee in whole, or in part from time to time, during the period beginning ______________, ____, and ending _____________________, ____, but only in accordance with the following schedule: Cumulative Percentage of Shares Subject to Option Which May be Purchased (which number of shares shall be rounded Elapsed Period of Time down to the nearest whole After Date Option is Granted number) Less than One (1) Year 0% One (1) Year 33-1/3%
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Exercisability and Termination of Option. Except as provided herein, the Option may be exercised only while the Optionee is an employee of either the Company or an affiliate of the Company and only if the Optionee has been continuously so employed since the date of grant of the Option. Subject to Paragraph 6, the Option may be exercised by the Optionee in whole, or in part from time to time, during the period beginning ______________, ____, _ and ending _____________________, ____, but only in accordance with the following schedule: Cumulative Percentage of Shares Subject to Option Which May be Purchased Elapsed Period of Time (which number of shares shall be rounded Elapsed Period of Time After Date Option is Granted down to the nearest whole After Date Option is Granted number) Less than One (1) Year 0% One (1) Year 33-1/3%
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Samples: Non Qualified Stock Option Agreement (Ridgestone Financial Services Inc)
Exercisability and Termination of Option. Except as provided herein, the Option may be exercised only while the Optionee is an employee of either the Company or an affiliate of the Company and only if the Optionee has been continuously so employed since the date of grant of the Option. Subject to Paragraph 6, the The Option may be exercised by the Optionee in whole, or in part from time to time, during the period beginning ______________, ____, and ending _____________________, ____, but (subject to Paragraph 6) only in accordance with the following schedule: Cumulative Percentage of Shares Subject to Option Which May be Purchased (which Elapsed Number of Years number of shares shall be rounded Elapsed Period After Date of Time this Agreement down to the nearest whole After Date Option is Granted number) ---------------------------- ---------------------------------- Less than One (1) Year 0% One (1) Year 33-1/3% Two Years 66-2/3% Three Years 100%
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Exercisability and Termination of Option. Except as provided herein, the Option may be exercised only while the Optionee is an employee of either the Company or an affiliate of the Company and only if the Optionee has been continuously so employed since the date of grant of the Option. Subject to Paragraph 6, the The Option may be exercised by the Optionee in whole, or in part from time to time, during the period beginning ______________, __20__, and ending _____________________, __20__, but (subject to Paragraph 6) only in accordance with the following schedule: Cumulative Percentage of Shares Subject to Option Which May be Purchased (which Elapsed Number of Years number of shares shall be rounded Elapsed Period After Date of Time this Agreement down to the nearest whole After Date Option is Granted number) ---------------------------- --------------------------------- Less than One (1) Year 0% One (1) Year 33-1/3% Two Years 66-2/3% Three Years 100%
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Exercisability and Termination of Option. Except as provided herein, the Option may be exercised only while the Optionee is an employee of either the Company or an affiliate of the Company and only if the Optionee has been continuously so employed since the date of grant of the Option. Subject to Paragraph 6, the Option may be exercised by the Optionee in whole, or in part from time to time, during the period beginning ______________, ____, and ending _____________________, ____, but only in accordance with the following schedule: Cumulative Percentage of Shares Subject to Option Which May be Purchased Elapsed Period of Time (which number of shares shall be rounded Elapsed Period of Time After Date Option is Granted down to the nearest whole After Date Option is Granted number) Less than One (1) Year 0% One (1) Year 33-1/3%---------------------------- ----------------------------------------
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