Common use of Option Vesting Clause in Contracts

Option Vesting. Unless otherwise determined by the Committee, Option Awards will vest 100% on the third anniversary of the Grant Date (“Vesting Date”), unless forfeited before such Vesting Date.

Appears in 4 contracts

Samples: Non Qualified Stock Options (Sypris Solutions Inc), Non Qualified Stock Options (Sypris Solutions Inc), Non Qualified Stock Options (Sypris Solutions Inc)

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Option Vesting. Unless otherwise determined by the Committee, Option Awards will vest 10030% on the third anniversary of its Grant Date, 30% on the fourth anniversary of its Grant Date and 40% on the fifth anniversary of its Grant Date (each such anniversary, a “Vesting Date”), unless forfeited before such Vesting Date.

Appears in 1 contract

Samples: Executive Long Term Incentive Award Agreement (Sypris Solutions Inc)

Option Vesting. Unless otherwise determined by the Committee, Option Awards will vest 10030% on the third anniversary of the Grant Date grant date, 30% on the fourth anniversary of the grant date and 40% on the fifth anniversary of the grant date (each such anniversary, a “Vesting Date”), unless forfeited before such Vesting Date.

Appears in 1 contract

Samples: Long Term Incentive Award Agreement (Non Qualified Stock Options) (Sypris Solutions Inc)

Option Vesting. Unless otherwise determined by the Committee, Option Awards will vest 100% on the third anniversary of the its Grant Date (“Vesting Date”), unless forfeited before such Vesting Date.]

Appears in 1 contract

Samples: Non Qualified Stock Options and Restricted Stock Agreement (Sypris Solutions Inc)

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Option Vesting. Unless otherwise determined by the Committee, Option Awards will vest 100% on the third anniversary of the its Grant Date (“Vesting Date”), unless forfeited before such Vesting Date.

Appears in 1 contract

Samples: Non Qualified Stock Options and Restricted Stock Agreement (Sypris Solutions Inc)

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