Common use of Period of Exercisability Clause in Contracts

Period of Exercisability. Section 3.1 - Commencement of Exercisability (a) So long as the Optionee continues to be employed by the Company or any other Service Recipients, the Option shall become exercisable pursuant to the following schedules:

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Energy Future Holdings Corp /TX/), Employment Agreement (Energy Future Holdings Corp /TX/)

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Period of Exercisability. Section 3.1 - Commencement of Exercisability (a) So long as the Optionee continues to be employed by the Company or any other Service Recipients, the Option shall become exercisable pursuant to the following schedules:

Appears in 1 contract

Samples: Employment Agreement (Energy Future Holdings Corp /TX/)

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Period of Exercisability. Section 3.1 - Commencement of Exercisability Exercisability (a) So long as the Optionee continues to be employed by the Company or any other Service Recipients, the Option shall become exercisable pursuant to the following schedules:

Appears in 1 contract

Samples: Employment Agreement (Energy Future Holdings Corp /TX/)

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