Exercise Schedule. This Option shall vest, cumulatively, as to one-third of the Shares covered hereby, on each of the first, second and third anniversaries of the date of grant of this Option. If this Option has not expired prior thereto, it may be exercised in whole or in part with respect to any Shares as to which this Option has vested. This Option may be exercised in full under the circumstances described in Section 8 of this Agreement if it has not expired prior thereto.
Appears in 8 contracts
Samples: Non Statutory Stock Option Agreement (Wilsons the Leather Experts Inc), Non Statutory Stock Option Agreement (Wilsons the Leather Experts Inc), Non Statutory Stock Option Agreement (Wilsons the Leather Experts Inc)
Exercise Schedule. This Option shall vest, cumulatively, will vest (a) as to one-third 50% of the Shares covered hereby, on each of the first, second and third anniversaries anniversary of the date of the grant of this Option, and (b) as to the remaining 50% of the Shares covered hereby, on the third anniversary of the date of the grant of this Option. If this Option has not expired prior thereto, it may be exercised in whole or in part with respect to any Shares as to which this Option has vested. This Option may also be exercised in full under the circumstances described in Section Sections 8 and 9 of this Agreement if it has not expired prior thereto.
Appears in 6 contracts
Samples: Incentive Stock Option Agreement (Hutchinson Technology Inc), Non Statutory Stock Option Agreement (Hutchinson Technology Inc), Non Statutory Stock Option Agreement (Hutchinson Technology Inc)
Exercise Schedule. This Option shall vest, cumulatively, vest (a) as to one-third 50% of the Shares covered hereby, on each of the first, second and third anniversaries anniversary of the date of the grant of this Option, and (b) as to the remaining 50% of the Shares covered hereby, on the third anniversary of the date of the grant of this Option. If this Option has not expired prior thereto, it may be exercised in whole or in part with respect to any Shares as to which this Option has vested. This Option may also be exercised in full under the circumstances described in Section 8 of this Agreement if it has not expired prior thereto.
Appears in 3 contracts
Samples: Non Statutory Stock Option Agreement (Hutchinson Technology Inc), Non Statutory Stock Option Agreement (Hutchinson Technology Inc), Incentive Stock Option Agreement (Hutchinson Technology Inc)
Exercise Schedule. This Option shall vest, cumulatively, will vest (a) as to one-third *[___]*% of the Shares covered hereby, on each of the first, second and third anniversaries anniversary of the date of the grant of this Option, and (b) as to the remaining *[___]*% of the Shares covered hereby, on the third anniversary of the date of the grant of this Option. If this Option has not expired prior thereto, it may be exercised in whole or in part with respect to any Shares as to which this Option has vested. This Option may also be exercised in full under the circumstances described in Section Sections 8 and 9 of this Agreement if it has not expired prior thereto.
Appears in 1 contract
