Common use of Term and Vesting Schedule Clause in Contracts

Term and Vesting Schedule. (a) The Options shall not be exercisable to any extent prior to January 23, 2010 or after January 23, 2019 (“Option Expiration Date”). Subject to the terms and condi­tions of this Agreement and the Plan, the Participant shall be entitled to exercise the Options prior to the Option Expiration Date and to purchase Units pursuant to the Options in accordance with the schedule set forth in Section 3 of Schedule A. (b) The right to exercise the Options shall be cumulative so that to the extent the Options are not exercised when they become initially exercisable with respect to any Units, they shall be exercisable with respect to such Units at any time thereafter until the Option Expiration Date, subject to any guidelines or restrictions in the Partnership’s Code of Business Conduct and Ethics or the U.S. federal securities laws. Options awarded hereunder may not be exercised after the Option Expiration Date (i.e., any Units subject to the Options that have not been purchased on or before the Option Expiration Date may no longer be purchased). A Unit shall be considered to have been purchased on or before the Option Expiration Date if the Partnership has been given notice of the purchase and the Partnership has actually received payment therefor, pursuant to Sections 3, 7 and 15, on or before the Option Expiration Date.

Term and Vesting Schedule. (a) The Options Subject to Section 4(a) below, the Option shall not be exercisable to any extent prior to January 23May 19, 2010 2017 or after January 23May 19, 2019 2026 (“Option Expiration Date”). Subject to the terms and condi­tions conditions of this Award Agreement and the Plan, the Participant shall be entitled to exercise the Options Option prior to the Option Expiration Date and to purchase Units pursuant to the Options Option in accordance with the schedule set forth in Section 3 of Schedule A. (b) B. The right to exercise the Options Option shall be cumulative so that to the extent the Options are Option is not exercised when they become it becomes initially exercisable with respect to any Units, they it shall be exercisable with respect to such Units at any time thereafter until the Option Expiration Date, subject to any guidelines or restrictions in the Partnership’s Code of Business Conduct and Ethics or the U.S. federal securities laws. Options awarded hereunder may not be exercised after the Option Expiration Date (i.e., any Any Units subject to the Options Option that have not been purchased on or before the Option Expiration Date may no longer not, thereafter, be purchased)purchased hereunder. A Unit shall be considered to have been purchased on or before the Option Expiration Date if the Partnership AB has been given notice of the purchase and the Partnership AB has actually received payment therefor, therefor pursuant to Sections 3, 7 3(a) and 1514, on or before the Option Expiration Date.

Term and Vesting Schedule. (a) The Options Subject to Section 4(a) below, the Option shall not be exercisable to any extent prior to January 23, 2010 [INSERT VESTING DATE] or after January 23, 2019 [INSERT EXPIRATION DATE] (“Option Expiration Date”). Subject to the terms and condi­tions of this Award Agreement and the Plan, the Participant shall be entitled to exercise the Options Option prior to the Option Expiration Date and to purchase Units pursuant to the Options Option in accordance with the schedule set forth in Section 3 of Schedule A. (b) B. The right to exercise the Options Option shall be cumulative so that to the extent the Options are Option is not exercised when they become it becomes initially exercisable with respect to any Units, they it shall be exercisable with respect to such Units at any time thereafter until the Option Expiration Date, subject to any guidelines or restrictions in the Partnership’s Code of Business Conduct and Ethics or the U.S. federal securities laws. Options awarded hereunder may not be exercised after the Option Expiration Date (i.e., any Any Units subject to the Options Option that have not been purchased on or before the Option Expiration Date may no longer not, thereafter, be purchased)pur­chased hereunder. A Unit shall be considered to have been purchased on or before the Option Expiration Date if the Partnership has been given notice of the purchase and the Partnership has actually received payment therefor, therefor pursuant to Sections 3, 7 3(a) and 1514, on or before the Option Expiration Date.

Term and Vesting Schedule. (a) The Options Subject to Section 4(a) below, the Option shall not be exercisable to any extent prior to January 23May 21, 2010 2016 or after January 23May 21, 2019 2025 (“Option Expiration Date”). Subject to the terms and condi­tions conditions of this Award Agreement and the Plan, the Participant shall be entitled to exercise the Options Option prior to the Option Expiration Date and to purchase Units pursuant to the Options Option in accordance with the schedule set forth in Section 3 of Schedule A. (b) B. The right to exercise the Options Option shall be cumulative so that to the extent the Options are Option is not exercised when they become it becomes initially exercisable with respect to any Units, they it shall be exercisable with respect to such Units at any time thereafter until the Option Expiration Date, subject to any guidelines or restrictions in the Partnership’s Code of Business Conduct and Ethics or the U.S. federal securities laws. Options awarded hereunder may not be exercised after the Option Expiration Date (i.e., any Any Units subject to the Options Option that have not been purchased on or before the Option Expiration Date may no longer not, thereafter, be purchased)purchased hereunder. A Unit shall be considered to have been purchased on or before the Option Expiration Date if the Partnership AB has been given notice of the purchase and the Partnership AB has actually received payment therefor, therefor pursuant to Sections 3, 7 3(a) and 1514, on or before the Option Expiration Date.