Performance-Based Vesting. A portion of the Option equal to 5,000 shares of each class of Common Stock (the “Performance-Vested Option”) shall vest and become exercisable as provided below; provided, that the Participant has not experienced a Termination prior to such date.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (99 Cents Only Stores LLC), Non Qualified Stock Option Agreement (99 Cents Only Stores LLC), Agreement (99 Cents Only Stores LLC)
Performance-Based Vesting. A portion of the Option equal to 5,000 7,750 shares of each class of Common Stock (the “Performance-Vested Option”) shall vest and become exercisable as provided below; provided, that the Participant has not experienced a Termination prior to such date.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (99 Cents Only Stores LLC), Non Qualified Stock Option Agreement (99 Cents Only Stores LLC), Agreement (99 Cents Only Stores LLC)
Performance-Based Vesting. A portion of the Option equal to 5,000 1,250 shares of each class of Common Stock (the “Performance-Vested Option”) shall vest and become exercisable on the date the Option Hurdle (as provided defined below) is satisfied; provided, that except as provided below, the Participant has not experienced a Termination prior to such date.
Appears in 1 contract
Samples: Agreement (99 Cents Only Stores LLC)