Schedule of Exercisability. The Option shall become vested and exercisable to the extent of ___% of the above number of shares of Common Stock on _____________________. Once a portion of the Option has become exercisable, that portion may be exercised at any time thereafter, subject to the provisions of Paragraph 2(a) above.
Schedule of Exercisability. The Option shall become vested and exercisable to the extent of 25% of the above number of shares of Common Stock on each of the first, second, third and fourth anniversaries of the Grant Date. Once a portion of the Option has become exercisable, that portion may be exercised at any time thereafter, subject to the provisions of Paragraph 2(a) above.
Schedule of Exercisability. Except as otherwise specifically provided in this Agreement, this Option shall become exercisable pursuant to the following schedule: Years of Continuous Percentage of the Option Shares Employment with the Company for which the or an Affiliate after the Grant Date Option may be Exercised Grant Date until the day before the first anniversary of the Grant Date 0 % First anniversary of the Grant Date until the day before the second anniversary of the Grant Date 33 % Second anniversary of the Grant Date until the day before the third anniversary of the Grant Date 67 % Third anniversary of the Grant Date and thereafter 100 %
Schedule of Exercisability. Subject to Section 2(c) below, the Option Shares shall vest and become exercisable in [ ] equal installments on each [ ],2 as illustrated in the following: Unless sooner terminated in accordance with the terms of this Agreement, the entire Option shall expire on the Expiration Date and may not be exercised in whole or in any part at any time thereafter.
Schedule of Exercisability. Subject to Section 2(c) below, the Option shall vest and become exercisable with respect to ________ of the Shares on the 12-month anniversary of the Grant Date and as to the remaining _______ of the Shares in 24 installments as of the end of each month thereafter as illustrated below: Month Shares 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 Total Unless sooner terminated in accordance with the terms of this Agreement, the entire Option shall expire on the Expiration Date and may not be exercised in whole or in any part at any time thereafter.
Schedule of Exercisability. The Option shall be 100% vested and exercisable commencing on the Grant Date.
Schedule of Exercisability. Subject to Section 2(c) below, the Option Shares shall vest as outlined in Exhibit B. Unless sooner terminated in accordance with the terms of this Agreement, the entire Option shall expire on the Expiration Date and may not be exercised in whole or in any part at any time thereafter.
Schedule of Exercisability. Subject to Section 2(c) below, the Option Shares shall vest and become exercisable in [ ] equal installments on each [ ],4 as illustrated in the following: ___________________________________________________________________
Schedule of Exercisability. Except as otherwise specifically provided in this Agreement, the Option shall not be exercisable for any of the Option Shares until the third anniversary of the Grant Date, at which time, if the Optionee is then employed by the Company, the Option shall be exercisable in full and shall thereafter remain exercisable until the Expiration Date, subject to Section 2(c) below. This Option shall expire on the Expiration Date and may not be exercised at any time thereafter.
Schedule of Exercisability. Subject to Section 2(c) below, [ ] of the Option Shares shall vest and become exercisable in [ ] equal installments on each [ ]2 (the “Time-Based Option Shares”) as illustrated in the following table: DATE NUMBER OF TIME-BASED OPTION SHARES THAT BECOME VESTED3 [DATE] [RESERVED] The remainder of the Option Shares shall vest upon the satisfaction of the conditions contained in Schedule A attached hereto (the “Performance-Based Option Shares”). Unless sooner terminated in accordance with the terms of this Agreement, the entire Option shall expire on the Expiration Date and may not be exercised in whole or in any part at any time thereafter. _____________________ 1 This form of non-qualified stock option agreement provides for both time-based and performance-based vesting and will be used only for grants to executives having a title of executive vice president and other more senior employees.
