Common use of Performance Exit Option Clause in Contracts

Performance Exit Option. Subject to Section 7 below, the Option to purchase up to 28,814 of the Class A Shares subject to the Option (the “Performance Exit Option”) shall be eligible to become vested and exercisable as set forth on Exhibit A, subject to the Employee’s continued employment on the applicable vesting date.

Appears in 2 contracts

Samples: Option Agreement (Intelsat LTD), Option Agreement (Intelsat LTD)

AutoNDA by SimpleDocs

Performance Exit Option. Subject to Section 7 below, the Option to purchase up to 28,814 16,900 of the Class A Shares subject to the Option (the “Performance Exit Option”) shall be eligible to become vested and exercisable as set forth on Exhibit A, subject to the Employee’s continued employment on the applicable vesting date.

Appears in 1 contract

Samples: Option Agreement (Intelsat LTD)

Performance Exit Option. Subject to Section 7 below, the Option to purchase up to 28,814 10,985 of the Class A Shares subject to the Option (the “Performance Exit Option”) shall be eligible to become vested and exercisable as set forth on Exhibit A, subject to the Employee’s continued employment on the applicable vesting date.

Appears in 1 contract

Samples: Option Agreement (Intelsat LTD)

Performance Exit Option. Subject to Section 7 below, the Option to purchase up to 28,814 114,097 of the Class A Shares subject to the Option (the “Performance Exit Option”) shall be eligible to become vested and exercisable as set forth on Exhibit A, subject to the Employee’s continued employment on the applicable vesting date.

Appears in 1 contract

Samples: Option Agreement (Intelsat LTD)

AutoNDA by SimpleDocs

Performance Exit Option. Subject to Section 7 below, the Option to purchase up to 28,814 [ ] of the Class A Shares subject to the Option (the “Performance Exit Option”) shall be eligible to become vested and exercisable as set forth on Exhibit A, subject to the Employee’s continued employment on the applicable vesting date.

Appears in 1 contract

Samples: Option Agreement (Intelsat LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!