Common use of EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES Clause in Contracts

EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that you are an Employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a “Non-Exempt Employee”), you may not exercise your option until you have completed at least six (6) months of Continuous Service measured from the Date of Grant specified in your Grant Notice, notwithstanding any other provision of your option.

Appears in 57 contracts

Samples: 2013 Equity Incentive (Urgent.ly Inc.), Option Agreement (Snowflake Inc.), Option Agreement (Snowflake Inc.)

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EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that If you are an Employee employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a “Non-Exempt Employee”), you may not exercise your option until you have completed at least six (6) months of Continuous Service measured from following the Date of Grant specified in your Grant NoticeGrant, notwithstanding any other provision of your option.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Nektar Therapeutics), Restricted Stock Unit Agreement (Nektar Therapeutics), Stock Option Agreement (Nektar Therapeutics)

EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that If you are an Employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a “Non-Exempt Employee”), you may not exercise your option until you have completed at least six (6) months of Continuous Service measured from the Date of Grant specified in your Grant Notice, notwithstanding any other provision of your option.

Appears in 4 contracts

Samples: Stock Option Agreement (Sequenom Inc), Stock Option Agreement (Careguide Inc), Stock Option Agreement (Northwest Biotherapeutics Inc)

EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that you are an Employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a “Non-Exempt Employee”), you may not exercise your option Option until you have completed at least six (6) months of Continuous Service measured from the Date of Grant specified in your Grant Notice, notwithstanding any other provision of your optionOption.

Appears in 3 contracts

Samples: Global Option Agreement (Ionis Pharmaceuticals Inc), Global Option Agreement (Akcea Therapeutics, Inc.), 2013 Stock Incentive Plan Award Agreement (Coronado Biosciences Inc)

EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that you are an Employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a "Non-Exempt Employee"), you may not exercise your option until you have completed at least six (6) months of Continuous Service measured from the Date of Grant specified in your Grant Notice, notwithstanding any other provision of your option.

Appears in 2 contracts

Samples: Epocrates Inc, Epocrates Inc

EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that you are an Employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a “Non-Exempt Employee”), you may not exercise your option until you have completed at least six (6) months of Continuous Service measured from the Date of Grant specified in your Grant Notice, notwithstanding any other provision of your option.

Appears in 2 contracts

Samples: Option Agreement (Ionis Pharmaceuticals Inc), Option Agreement (Isis Pharmaceuticals Inc)

EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that If you are an Employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a “Non-Exempt Employee”), you may not exercise your option until you have completed at least six (6) months of Continuous Service measured from following the Date of Grant specified in your Grant Option Notice, notwithstanding any other provision of your option.

Appears in 2 contracts

Samples: Stock Option Agreement, Retirement Agreement (Nektar Therapeutics)

EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that you are an Employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a “Non-Exempt Employee”), and except as otherwise provided in the Plan, you may not exercise your option until you have completed at least six (6) months of Continuous Service measured from the Date of Grant specified in your Grant Notice, notwithstanding any other provision of your option.

Appears in 2 contracts

Samples: Option Agreement (Leapfrog Enterprises Inc), Broadsoft Inc

EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that you are an Employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a “Non-Exempt Employee”), you may not exercise your option until you have completed at least six (6) 6 months of Continuous Service measured from the Date of Grant specified in your Grant Notice, notwithstanding any other provision of your option.

Appears in 2 contracts

Samples: Equity Incentive Plan (Trevena Inc), Equity Incentive Plan (Trevena Inc)

EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that you are an Employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a “Non-Exempt Employee”)amended, you may not exercise your option until you have completed at least six (6) months of Continuous Service measured from the Date of Grant specified in your Grant Notice, notwithstanding any other provision of your option.

Appears in 2 contracts

Samples: theMaven, Inc., theMaven, Inc.

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EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that you are an a United States Employee eligible for overtime compensation under the United States Fair Labor Standards Act of 1938, as amended (i.e., a “Non-Exempt Employee”), you may not exercise your option Option until you have completed at least six (6) months of Continuous Service measured from the Date of Grant specified in your Grant Notice, notwithstanding any other provision of your optionOption.

Appears in 1 contract

Samples: Equity Incentive Plan (Gran Tierra Energy, Inc.)

EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that If you are an Employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e.that is, a “Non-Exempt Employee”), and except as otherwise provided in the Plan, you may not exercise your option until you have completed at least six (6) months of Continuous Service measured from the Date of Grant specified in your Grant Notice, notwithstanding any other provision of your optionGrant.

Appears in 1 contract

Samples: Incentive Plan (Instructure Inc)

EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that If you are an Employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a “Non-Exempt Employee”), you may not exercise your option until you have completed at least six (6) months of Continuous Service measured from the Date of Grant specified in your Grant Notice, notwithstanding any other provision of your option.

Appears in 1 contract

Samples: 1992 Equity Incentive Plan (Applied Micro Circuits Corp)

EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that you are an Employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a “Non-Exempt Employee”), you may not exercise your option until you have completed at least six (6) months of Continuous Service measured from the Date of Grant specified in your Grant Notice, notwithstanding any other provision of your option.Grant

Appears in 1 contract

Samples: 2011 Equity Incentive (Lipocine Inc.)

EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that If you are an Employee employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a “Non-Exempt Employee”), you may not exercise your option until you have completed at least six (6) months of Continuous Service measured from following the Date of Grant specified in your Grant Option Notice, notwithstanding any other provision of your option.

Appears in 1 contract

Samples: Stock Option Agreement (Nektar Therapeutics)

EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that you are an Employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a “"Non-Exempt Employee"), you may not exercise your option until you have completed at least six (6) months of Continuous Service measured from the Date of Grant specified in your Grant Notice, notwithstanding any other provision of your option.

Appears in 1 contract

Samples: Newlink Genetics Corp

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