Common use of ISO Shares Clause in Contracts

ISO Shares. Unless expired as provided in paragraph 5 below, and subject to the special provisions of paragraph 6 below, the Option for ISO Shares may be exercised from time to time in whole or in part for not more than 25% of the entire number of ISO Shares at any time after the first anniversary of the Date of Grant, and an additional 25% of the total ISO Shares on each of the three (3) succeeding anniversaries of the Date of Grant.

Appears in 2 contracts

Samples: Employee Option Award Agreement (Bombay Company Inc), Employee Option Award Agreement (Bombay Company Inc)

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ISO Shares. Unless expired as provided in paragraph 5 below, and subject to the special provisions of paragraph 3(d) and paragraph 6 below, the Option for ISO Shares may be exercised from time to time in whole or in part for not more than 25(i) 33.3% of the entire number of ISO Shares at any time after the first anniversary of the Date of Grant, and an additional 25(ii) 66.6% of the total entire number of ISO Shares on each at any time after the second anniversary of the three Date of Grant and (3iii) succeeding anniversaries the entire number of ISO Shares at any time after the third anniversary of the Date of Grant.

Appears in 1 contract

Samples: Employee Award Agreement (Bombay Company Inc)

ISO Shares. Unless expired as provided in paragraph 5 below, and subject to the special provisions of paragraph 6 below, the Option for ISO Shares may be exercised from time to time in whole or in part for not more than 2533% of the entire number of ISO Shares at any time after the first anniversary of the Date of Grant, and an additional 2533% of the total ISO Shares on each of the three two (32) succeeding anniversaries of the Date of Grant.

Appears in 1 contract

Samples: Employee Option Award Agreement (Bombay Company Inc)

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ISO Shares. Unless expired as provided in paragraph 5 below, and subject to the special provisions of paragraph 3(d) and paragraph 6 below, the Option for ISO Shares may be exercised from time to time in whole or in part for not more than (i) 25% of the entire number of ISO Shares at any time after the first anniversary of the Date of Grant, and an additional 25(ii) 50% of the total entire number of ISO Shares on each at any time after the second anniversary of the three Date of Grant; (3iii) succeeding anniversaries 75% of the entire number of ISO Shares at any time after the third anniversary of the Date of Grant; and (iv) the entire number of ISO Shares at any time after the fourth anniversary of the Date of Grant.

Appears in 1 contract

Samples: Employee Award Agreement (Bombay Company Inc)

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