Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become vested and exercisable in five (5) installments, Participant having the right hereunder to purchase from Corporation the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in three (3) installments, Xxxxxxx having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:
Installment Exercise. (a) Subject to such further limitations as are provided herein, and except as provided in subparagraph (b) below [and Paragraph 4] below, the Option shall become vested and exercisable in ______ installments, the Grantee having the right hereunder to purchase from the Company the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion: [To be set by the Committee]
Installment Exercise. (1) Subject to such further limitations as are provided in the Plan and as set forth herein and any required approval of the Company's stockholders, the Option shall become exercisable on the dates and at the per share prices ("Option Price") set forth below, the Optionee having the right hereunder to purchase from the Company the indicated number of Option Shares upon exercise of the Option, on and after such dates, in cumulative fashion:
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in [ ] installments, the Participant having the right hereunder to purchase from the Partnership the following number of Option Units upon exercise of the Option, on and after the following dates, in cumulative fashion, if the Participant continues to be employed by, or provide service to Atlas through the applicable date:
Installment Exercise. Subject to such further limitations as are provided herein, the Grantee having the right hereunder to purchase from the Company the following number of "A" Option Shares upon exercise of the "A" Option, on and after the following dates, and so long as the Employer shall have attained the "A" Option Vesting Schedule EBIT Goals established by the Committee with respect to the relevant fiscal years noted below:
Installment Exercise. Subject to such further limitations as are provided herein, the Grantee having the right hereunder to purchase from the Company the following number of "B" Option Shares upon exercise of the "B" Option, on and after the following dates:
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become exercisable in four (4) installments, the Grantee having the right hereunder to purchase from BPO the following number of Option Shares upon exercise of the Option, on and after the following dates, in cumulative fashion:
Installment Exercise. Subject to such further limitations as are provided herein, the Option shall become vested as follow: 100% of the options become exercisable on the earlier to occur of February 28, 2003 or the Milestone Date, but in no event shall any options become exercisable before January 1, 1998. For purposes of this agreement, the Milestone Date is the date on which the Corporation has sold and installed a minimum of two (2) software licenses in each of two (2) consecutive years, such licenses relating to software based on the technology which is the of the Assignment and Transfer of Patent Rights and Other Intellectual Property Rights dated March 1, 1996 between Optionee and the Corporation. Notwithstanding anything to the contrary in the above paragraph, in the event that the Corporation sells substantially all of its asset, or more than fifty percent of the voting stock of the Corporation is acquired by any person or entity not currently a shareholder, or the Corporation completes an initial public offering prior to January 1, 1998, the Option shall vest in its entirety and become completely exercisable immediately prior to the event.
Installment Exercise. Optionee shall become entitled to purchase one twelfth (1/12) of the Shares covered by this Option on each monthly anniversary date as as indicated on the vesting schedule on the Summary of Stock Option Grant, so that this Option shall have become fully vested one year after the grant date.
