PERIOD OF Sample Clauses

PERIOD OF. IMPLEMENTATION
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PERIOD OF. EXERCISABILITY Section 3.1 - Commencement of Exercisability ----------- ------------------------------ (a) This Option shall become exercisable in four (4) cumulative installments as follows: (i) The first installment shall consist of one-fourth (1/4) of the shares covered by the Option and shall become exercisable on the date that is one year from the date the Option was awarded. (ii) The second installment shall consist of one-fourth (1/4) of the shares covered by the Option and shall become exercisable on the date that is two years from the date the Option was awarded. (iii) The third installment shall consist of one-fourth (1/4) of the shares covered by the Option and shall become exercisable on the date that is three years from the date the Option was awarded. (iv) The fourth installment shall consist of one-fourth (1/4) of the shares covered by the Option and shall become exercisable on the date that is four years from the date the Option was awarded. (b) No portion of the Option which is unexercisable at Termination of Employment shall thereafter become exercisable.
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PERIOD OF. Employment This Agreement will commence and be effective as of November 1, 1996, and shall expire and terminate as of October 31, 2000.
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PERIOD OF. Cover The period of cover set out in the certificate of insurance. This will be a 12-month period
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PERIOD OF apprenticeship
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PERIOD OF execution
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PERIOD OF. EXERCISABILITY ------------------------ SECTION 3.1 - COMMENCEMENT OF EXERCISABILITY -------------------------------------------- (a) Subject to Sections 3.1(b) and 3.4, the Option shall become exercisable in four (4) cumulative installments as follows: (i) The first installment shall consist of twenty-five percent (25%) of the shares covered by the Option and shall become exercisable on the first anniversary of the date the Option is granted. (ii) The second installment shall consist of twenty-five percent (25%) of the shares covered by the Option and shall become exercisable on the second anniversary of the date the Option is granted. (iii) The third installment shall consist of twenty-five percent (25%) of the shares covered by the Option and shall become exercisable on the third anniversary of the date the Option is granted. (iv) The fourth installment shall consist of twenty-five percent (25%) of the shares covered by the Option and shall become exercisable on the fourth anniversary of the date the Option is granted. (b) No portion of the Option which is unexercisable at Termination of Directorship shall thereafter become exercisable. Notwithstanding the foregoing, this Option shall become immediately exercisable in full upon any retirement of the Director in accordance with the Company's retirement policy applicable to directors, provided that in no event shall the shares underlying this Option be sold or otherwise disposed of, in whole or in part, during the six months after the date such Option is granted (or the date this Plan is approved by the Company's stockholders, if later). SECTION 3.2 - DURATION OF EXERCISABILITY ---------------------------------------- The installments provided for in Section 3.1 are cumulative. Each such installment which becomes exercisable pursuant to Section 3.1 shall remain exercisable until it becomes unexercisable under Section 3.3.
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PERIOD OF. EXERCISABILITY Section 3.1
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PERIOD OF. PROBATION When an education assistant accepts an appointment with SCEA for the first time, the appointment is probationary and as such the employee is subject to an appraisal process at the end of the probationary period to determine suitability for on-going employment as stated in Clause 14.2.
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