Exercisability of the Option. The Optionee shall not have the right to exercise the Option until the date the applicable portion of the Option becomes vested pursuant to Section 2.1 or Section 2.2. The date that the applicable portion of the Option becomes exercisable is referred to herein as the “Exercise Commencement Date.” Subject to Section 14.1 of the Plan, following the Exercise Commencement Date, the applicable portion of the Option shall remain exercisable until it becomes unexercisable under Section 2.5. Once the Option becomes unexercisable, it shall be forfeited immediately.
Appears in 5 contracts
Samples: Stock Option Agreement (Booz Allen Hamilton Holding Corp), Stock Option Agreement (Booz Allen Hamilton Holding Corp), Stock Option Agreement (Booz Allen Hamilton Holding Corp)
Exercisability of the Option. The Optionee shall not have the right to exercise the Option until the date the applicable portion of the Option becomes vested pursuant to Section 2.1 or Section 2.2vested. The date that the applicable portion of the Option becomes exercisable vested is referred to herein as the “Exercise Commencement Date.” Subject to Section 14.1 8 of the Plan, following the Exercise Commencement Date, the applicable portion of the Option shall be and shall remain exercisable until it becomes unexercisable under Section 2.52.9. Once the Option becomes unexercisable, it shall be forfeited immediately.
Appears in 3 contracts
Samples: Stock Option Agreement (PPD, Inc.), Stock Option Agreement (PPD, Inc.), Stock Option Agreement (PPD, Inc.)
Exercisability of the Option. The Optionee shall not have the right to exercise the Option until the date the applicable portion of the Option becomes vested pursuant to Section Sections 2.1 or Section 2.2. The date that the applicable portion of the Option becomes exercisable is referred to herein as the “Exercise Commencement Date.” Subject to Section 14.1 8.1 of the Plan, following the Exercise Commencement Date, the applicable portion of the Option shall remain exercisable until it becomes unexercisable under Section 2.52.6. Once the Option becomes unexercisable, it shall be forfeited immediately.
Appears in 2 contracts
Samples: Stock Option Agreement (Allison Transmission Holdings Inc), Stock Option Agreement (Allison Transmission Holdings Inc)
Exercisability of the Option. The Optionee shall not have the right to exercise the Option until the date the applicable portion of the Option becomes vested pursuant to Section 2.1 or Section 2.2vested. The date that the applicable portion of the Option becomes exercisable vested is referred to herein as the “Exercise Commencement Date.” Subject to Section 14.1 8 of the Plan, following the Exercise Commencement Date, the applicable portion of the Option shall be and shall remain exercisable until it becomes unexercisable under Section 2.52.7. Once the Option becomes unexercisable, it shall be forfeited immediately.
Appears in 2 contracts
Samples: Stock Option Agreement (Ortho Clinical Diagnostics Holdings PLC), Stock Option Agreement (Ortho Clinical Diagnostics Holdings PLC)
Exercisability of the Option. The Optionee shall not have the right to exercise the Option until the date the applicable portion of the Option becomes vested pursuant to Section 2.1 Sections 2.1, 2.2, or Section 2.22.4. The date that the applicable portion of the Option becomes exercisable is referred to herein as the “Exercise Commencement Date.” Subject to Section 14.1 8.1 of the Plan, following the Exercise Commencement Date, the applicable portion of the Option shall remain exercisable until it becomes unexercisable under Section 2.52.6. Once the Option becomes unexercisable, it shall be forfeited immediately.
Appears in 1 contract
Samples: Stock Option Agreement (Wesco Aircraft Holdings, Inc)
Exercisability of the Option. The Optionee shall not have the right to exercise the Option until the date the applicable portion of the Option becomes vested pursuant to Section 2.1 or Section 2.2vested. The date that the applicable portion of the Option becomes exercisable vested is referred to herein as the “Exercise Commencement Date.” Subject to Section 14.1 8 of the Plan, following the Exercise Commencement Date, the applicable portion of the Option shall be and shall remain exercisable until it becomes unexercisable under Section 2.5unexercisable. Once the Option becomes unexercisable, it shall be forfeited immediatelyimmediately terminated without consideration.
Appears in 1 contract
Exercisability of the Option. The Optionee shall not have the right to exercise the Option until the date the applicable portion of the Option becomes vested pursuant to Section 2.1 or Section 2.2vested. The date that the applicable portion of the Option becomes exercisable is referred to herein as the “Exercise Commencement Date.” Subject to Section 14.1 8 of the Plan, following the Exercise Commencement Date, the applicable portion of the Option shall be and shall remain exercisable until it becomes unexercisable under Section 2.52.4. Once the Option becomes unexercisable, it shall be forfeited immediately, unless determined otherwise by the Administrator.
Appears in 1 contract
Samples: Stock Option Agreement (Lulu's Fashion Lounge Holdings, Inc.)
Exercisability of the Option. The Optionee shall not have the right to exercise the Option until the date the applicable portion of the Option becomes vested pursuant to Section 2.1 2.1, Section 2.2 or Section 2.22.3. The date that the applicable portion of the Option becomes exercisable is referred to herein as the “Exercise Commencement Date.” Subject to Section 14.1 of the Plan, following the Exercise Commencement Date, the applicable portion of the Option shall remain exercisable until it becomes unexercisable under Section 2.5. Once the Option becomes unexercisable, it shall be forfeited immediately2.7.
Appears in 1 contract
Samples: Stock Option Agreement (Booz Allen Hamilton Holding Corp)
Exercisability of the Option. The Optionee shall not have the right to exercise the Option until the date the applicable portion of the Option becomes vested pursuant to Section 2.1 or Section 2.22.1. The date that the applicable portion of the Option becomes exercisable is referred to herein as the “Exercise Commencement Date.” Subject to Section 14.1 8.1 of the Plan, following the Exercise Commencement Date, the applicable portion of the Option shall remain exercisable until it becomes unexercisable under Section 2.52.4. Once the Option becomes unexercisable, it shall be forfeited immediately.
Appears in 1 contract
Samples: Stock Option Agreement (Wesco Aircraft Holdings, Inc)
Exercisability of the Option. The Optionee shall not have the right to exercise the Option until the date the applicable portion of the Option becomes vested pursuant to Section 2.1 or Section 2.2vested. The date that the applicable portion of the Option becomes exercisable vested is referred to herein as the “Exercise Commencement Date.” Subject to Section 14.1 8 of the Plan, as modified pursuant to Section 3.2(d), following the Exercise Commencement Date, the applicable portion of the Option shall be and shall remain exercisable until it becomes unexercisable under Section 2.52.9. Once the Option becomes unexercisable, it shall be forfeited immediately.
Appears in 1 contract
Samples: Stock Option Agreement (PPD, Inc.)
Exercisability of the Option. The Optionee shall not have the right to exercise the Option until the date the applicable portion of the Option becomes vested pursuant to Section Sections 2.1 or Section 2.2. The date that the applicable portion of the Option becomes exercisable is referred to herein as the “Exercise Commencement Date.” Subject to Section 14.1 8 of the Plan, following the Exercise Commencement Date, the applicable portion of the Option shall be and shall remain exercisable until it becomes unexercisable under Section 2.5. Once the Option becomes unexercisable, it shall be forfeited immediately.
Appears in 1 contract
Samples: Stock Option Agreement (Axalta Coating Systems Ltd.)