Performance Options. Except as may otherwise be provided herein, subject to the Participant's continued employment with the Company or an Affiliate, all of the $12.50 Performance Options shall become vested and exercisable upon the Fair Market Value of the Common Stock equaling or exceeding $12.50 per share of Common Stock on at least ten (10) trading days (which need not be consecutive) following the Effective Date.
Appears in 2 contracts
Samples: Nonqualified Stock Option Award Agreement (Hemisphere Media Group, Inc.), Nonqualified Stock Option Award Agreement (Hemisphere Media Group, Inc.)
Performance Options. Except as may otherwise be provided herein, subject to the Participant's continued employment with the Company or an Affiliate, all of the $12.50 15.00 Performance Options shall become vested and exercisable upon the Fair Market Value of the Common Stock equaling or exceeding $12.50 15.00 per share of Common Stock on at least ten (10) trading days (which need not be consecutive) following the Effective Date.
Appears in 2 contracts
Samples: Nonqualified Stock Option Award Agreement (Hemisphere Media Group, Inc.), Nonqualified Stock Option Award Agreement (Hemisphere Media Group, Inc.)
