Common use of Exercisability Schedule Clause in Contracts

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member of the Board on such dates: Incremental Number of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Surface Oncology, Inc.), Non Qualified Stock Option Agreement (Mevion Medical Systems, Inc.), Non Qualified Stock Option Agreement (Brightcove Inc)

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Exercisability Schedule. No portion of this the Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this the Stock Option shall be become vested and exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member an employee of the Board Company or a Subsidiary (as defined in the Plan) on such dates: Incremental Number of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) Once exercisable, this the Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Rocket Pharmaceuticals, Inc.), Non Qualified Stock Option Agreement (Rocket Pharmaceuticals, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service a Business Relationship (as a member of the Board defined in Section 3 below) on such dates: Incremental Number of Option Shares Exercisable Exercisability Date ( %) )% ( %) )% ( %) )% ( %) ( %) )% Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 2 contracts

Samples: Qualified Stock Option Agreement (Amag Pharmaceuticals Inc.), Amag Pharmaceuticals Inc.

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be become exercisable with respect to the following number of Option Shares on the dates indicated indicated, so long as the Optionee remains in service employment with the Company or a Subsidiary (as a member of defined in the Board Plan) on such datesthe Exercisability Date: Incremental Number of Total Number of Exercisability Option Shares First Option Shares Date Becoming Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) Exercisable Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof of this Agreement and of the Plan.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Alere Inc.), Incentive Stock Option Agreement (Alere Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member of the Board on such dates: Incremental Number of Option Shares Exercisable Exercisability Date ( (___%) ( (___%) ( %) ( %) ( (___%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Biodelivery Sciences International Inc)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated on Schedule 1 attached hereto, so long as the Optionee remains in service as a member of the Board Service Relationship on such dates: Incremental Number . If a series of dates is specified, then this Stock Option will become exercisable only with respect to the number of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) specified as exercisable on such date. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Global Stock Option Agreement (Dynatrace, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member of the Board on such datesindicated: Incremental Number of Option Shares Exercisable Exercisable* Exercisability Date ( %) ________________ ( %) ________________ ( %) ________________ ( %) ________________ ( %) ________________ * Max. of $100,000 per year. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Salary. Com, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 1 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member of the Board on such datesindicated: Incremental Number of Option Shares Exercisable Exercisability Date ( 133,334 (33.33%) ( October 23, 2014 133,333 (33.33%) ( October 23, 2015 133,333 (33.33%) ( %) ( %) October 23, 2016 In the event of a Sale Event as defined in Section 1 of the Plan, this Stock Option shall become vested and exercisable in full as of the effective date of such Sale Event, whether or not this Stock Option or any portion thereof is vested and exercisable at such time, and may be exercised in accordance with the provisions hereof and of the Plan. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Plug Power Inc)

Exercisability Schedule. No portion of this the Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this the Stock Option shall be become vested and exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member of the Board (as defined in the Plan) on such dates: Incremental Number of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) Once exercisable, this the Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Rocket Pharmaceuticals, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member an employee of the Board Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Brightcove Inc)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service to the Company or a Subsidiary as a member of the Board Consultant on such dates: Incremental Number of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Mevion Medical Systems, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member an employee of the Board Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable Exercisability Date ( (___%) ( (___%) ( %) ( %) ( (___%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Biodelivery Sciences International Inc)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 1 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member of the Board on such datesindicated: Incremental Number of Option Shares Exercisable Exercisability Date ( (___%) ( (___%) ( (___%) ( (___%) ( (___%) athenahealth — form of non-qualified stock option agreement for employees Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement for Company Employees (Athenahealth Inc)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator Company’s Board of Directors (as defined in Section 2 the “Board of the PlanDirectors”) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates dated indicated so long as the Optionee remains in service as a member an employee of the Board Company or a subsidiary of the Company on such dates: dates (except as otherwise provided for in the employment agreement between the Company and the Optionee) . Incremental Number of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) [__] [__] Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (OncBioMune Pharmaceuticals, Inc)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as Optionee continues to have a Service Relationship with the Optionee remains in service as Company or a member of the Board Subsidiary on such dates: Incremental Number of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member of the Board on such dates: Incremental Number of Option Shares Exercisable Exercisability Date ( %) )% ( %) )% ( %) )% ( %) )% ( %) )% Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (HOOKIPA Pharma Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member of the Board on such datesindicated: Incremental Number of Option Shares Exercisable Exercisability Date ( %(100 )% May 1, [ ] In the event of the termination of the Optionee’s service as a Director of the Company because of death or disability (as defined in Section 422(c) ( %) ( %) ( %) ( %) of the Code), this Stock Option shall become immediately exercisable in full, whether or not exercisable at such time. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Mac-Gray Corp)

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Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator Company’s Board of Directors (as defined in Section 2 the “Board of the PlanDirectors”) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates dated indicated so long as the Optionee remains in service as a member director of the Board Company on such datesdate: Incremental Number of Option Shares Exercisable Exercisability Date ( [__] ([__]%) ( %) ( %) ( %) ( %) [__] Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (OncBioMune Pharmaceuticals, Inc)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated indicated, so long as the Optionee remains in service as a member an employee of the Board Company or a Subsidiary on such dates: Incremental Number (Aggregate Number) of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.the

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement for Company Employees (Northeast Bancorp /Me/)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 1 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member of [Service Relationship] with the Board Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Akili, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member an employee of the Board Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Disc Medicine, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member an employee of the Board Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable Exercisability Date ( %) )% ( %) )% ( %) )% ( %) )% ( %) )% Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement for Company Employees (HOOKIPA Pharma Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth belowbelow and in any employment agreement between the Company and the Optionee, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member of the Board on such datesindicated: Incremental Number of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Atossa Genetics Inc)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member of the Board on such datesindicated: Incremental Number of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) In the event of the termination of the Optionee’s service as a director of the Company because of death this Stock Option shall become immediately exercisable in full, whether or not exercisable at such time. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (DiamondRock Hospitality Co)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 1 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member an employee of the Board Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Tango Therapeutics, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member of the Board on such datesindicated: Incremental Number of Option Shares Exercisable Exercisability Date ( (25%) ( (25%) ( (25%) ( (25%) ( %) In the event of the termination of the Optionee's service as a director of the Company because of death, this Stock Option shall become immediately exercisable in full, whether or not exercisable at such time. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (BladeLogic, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains in service as a member of the Board on such datesindicated: Incremental Exercisability Date Number of Option Shares Exercisable Exercisability Date ( %) ( %) ( %) ( %) ( %) Cumulative Percentage Exercisable (25 )% (25 )% (25 )% (50 )% (25 )% (75 )% (25 )% (100 )% Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to unless the provisions hereof and of the PlanStock Option is terminated sooner as provided herein.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Watts Water Technologies Inc)

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