Common use of Limits on Exercise Clause in Contracts

Limits on Exercise. As set forth on the cover page of this Option Agreement, the Option shall vest and become exercisable in percentage installments of the aggregate number of shares of Common Stock subject to the Option. The Option may be exercised only to the extent the Option is vested and exercisable.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Luminent Mortgage Capital Inc), Director Stock Option Agreement (International Game Technology), Nonqualified Stock Option Agreement (Luminent Mortgage Capital Inc)

AutoNDA by SimpleDocs

Limits on Exercise. As set forth on the cover page of this Option Agreement, the The Option shall vest and become exercisable in percentage installments of the aggregate number of shares of Common Stock subject to the OptionOption as set forth on the cover page of this Option Agreement. The Option may be exercised only to the extent the Option is vested and exercisable.

Appears in 1 contract

Samples: Stock Option Agreement (China Finance Online Co. LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!