Common use of Time-Based Vesting Clause in Contracts

Time-Based Vesting. Subject to any accelerated vesting and exercisability pursuant to paragraphs 2, 3 and 4 below, the shares of Common Stock subject to the Option shall vest and become exercisable in their entirety on the third anniversary of the Grant Date, if Holder is an Employee, Director or Consultant on that date.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Leap Wireless International Inc), Restricted Stock Award Agreement (Leap Wireless International Inc)

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Time-Based Vesting. Subject to any accelerated vesting and exercisability pursuant to paragraphs 2, 2 and 3 and 4 below, the shares of Common Stock subject to the Option shall vest and become exercisable in their entirety on the third fifth anniversary of the Grant Date, if Holder is an Employee, Director or Consultant on that date.

Appears in 2 contracts

Samples: Notice and Non Qualified Stock Option Agreement (Leap Wireless International Inc), Qualified Stock Option Agreement (Leap Wireless International Inc)

Time-Based Vesting. Subject to any accelerated vesting and exercisability pursuant to paragraphs 2, 2 and 3 and 4 below, the shares of Common Stock subject to the Option shall vest and become exercisable in their entirety on the third anniversary of the Grant Date, if Holder is an Employee, Director or Consultant on that date.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Leap Wireless International Inc)

Time-Based Vesting. Subject to any accelerated vesting and exercisability pursuant to paragraphs 2, 2 and 3 and 4 below, the shares of Common Stock subject to the Option shall vest and become exercisable in their entirety on the third anniversary of the Grant DateFebruary 28, 2008, if Holder is an Employee, Director or Consultant on that date.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Leap Wireless International Inc)

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Time-Based Vesting. Subject to any accelerated vesting and exercisability pursuant to paragraphs 2, 3 and 4 below, the shares of Common Stock subject to the Option shall vest and become exercisable in their entirety on the third anniversary of the Grant DateDecember 31, 2008, if Holder is an Employee, Director or Consultant on that date.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Leap Wireless International Inc)

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