Common use of Option Exercisability and Vesting Clause in Contracts

Option Exercisability and Vesting. 4.6.1 The period during which Options in whole or in part become exercisable and vest in the Participant shall be set by the Committee and shall be as provided for in the Award Agreement. At any time after the grant of an Option, the Committee may, in its sole and absolute discretion and subject to whatever terms and conditions it selects, accelerate the period during which an Option becomes exercisable and vests.

Appears in 3 contracts

Samples: MPT Operating Partnership, L.P., Equity Incentive Plan (Atrion Corp), Atrion Corp

AutoNDA by SimpleDocs

Option Exercisability and Vesting. 4.6.1 The period during which Options in whole or in part become exercisable and vest in the Participant shall be set by the Committee and shall be as provided for in the Award Agreement. At any time after the grant of an Option, the Committee may, in its sole and absolute discretion and subject to whatever terms and conditions it selects, accelerate the period during which an Option becomes exercisable and vests.Award

Appears in 1 contract

Samples: GMH Communities Trust

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.