Common use of Number of Shares Exercisable Clause in Contracts

Number of Shares Exercisable. Each exercise of an Option hereunder shall reduce, pro tanto, the total number of Shares that may thereafter be purchased under such Option.

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (Edison Controls Corp), Nonqualified Stock Option Agreement (Edison Controls Corp), Nonqualified Stock Option Agreement (Edison Controls Corp)

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Number of Shares Exercisable. Each exercise of an this Option hereunder shall reduce, pro tantoby an equal number, the total number of Shares that may thereafter be purchased under such this Option, but shall not affect the exercise of any other options granted by the Committee and held by the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (Cisco Systems Inc), Option Agreement (Helen of Troy LTD), Option Agreement (Helen of Troy LTD)

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Number of Shares Exercisable. Each exercise of an this Option hereunder shall reduce, pro tanto, reduce the total number of Shares that may thereafter be purchased under such this Option.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Apache Medical Systems Inc), Nonqualified Stock Option Agreement (Apache Medical Systems Inc)

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