Option Exercisable in Installments Clause Samples
The "Option Exercisable in Installments" clause allows the holder of an option to exercise their rights to purchase or acquire the underlying asset in multiple, predetermined portions rather than all at once. Typically, this means that the option can be partially exercised at different times, according to a set schedule or upon meeting certain conditions, such as vesting periods or performance milestones. This structure provides flexibility for the option holder, enabling them to manage their investment or participation incrementally, and helps the issuer control the pace at which ownership or benefits are transferred.
Option Exercisable in Installments. Subject to the other terms and conditions stated herein, the right to exercise the Option shall accrue in installments as follows:
Option Exercisable in Installments. Subject to the other terms and conditions stated herein, the right to exercise the Option shall vest [in installments as follows:
Option Exercisable in Installments. Subject to the other terms and conditions stated herein, the right to exercise the Option shall accrue in installments as follows:
(a) First Installment. Commencing on the Option Date, Optionee may exercise the Option for up to 50 percent of the number of Option Shares.
Option Exercisable in Installments. Subject to the other terms and conditions stated herein, the right to exercise the Option shall accrue in installments as follows:
(a) First Installment. Commencing on the Option Date, Optionee may exercise the Option for up to 50 percent of the number of Option Shares.
