Time of Exercise of Option. (a) The Option shall not be exercisable prior to one (1) year from grant. Thereafter, the Option shall only be exercisable as follows: Percentage of Shares Becoming Cumulative Available for Percentage On or After Exercise Available 12 months 20 % 20 % 24 months 20 % 40 % 36 months 20 % 60 % 48 months 20 % 80 % 60 months 20 % 100 %
Appears in 5 contracts
Samples: Stock Option Agreement (Bruker Energy & Supercon Technologies, Inc.), Stock Option Agreement (Bruker Corp), Stock Option Agreement (Bruker Corp)
Time of Exercise of Option. (a) The Option shall not be exercisable exerciseable prior to one (1) year from grant. Thereafter, the Option shall only be exercisable as follows: Percentage of Shares Becoming Cumulative Available for Percentage On or After Exercise Available 12 months 20 % 20 % 24 months 20 % 40 % 36 months 20 % 60 % 48 months 20 % 80 % 60 months 20 % 100 %
Appears in 2 contracts
Samples: Stock Option Agreement (Bruker Energy & Supercon Technologies, Inc.), Stock Option Agreement (Bruker Corp)
Time of Exercise of Option. (a) The Option shall not be exercisable prior to one (1) year from grant. Thereafter, the Option shall only be exercisable as follows: Percentage of Shares Becoming Cumulative Available for Percentage On or After Exercise Available 12 months 20 25 % 20 25 % 24 months 20 25 % 40 50 % 36 months 20 25 % 60 75 % 48 months 20 % 80 % 60 months 20 25 % 100 %% Execiseabilty of the Option upon a Change in Control shall be determined as provided in Section 13 of the 2016 Plan.
Appears in 1 contract
Samples: Stock Option Agreement (Bruker Corp)
Time of Exercise of Option. (a) The Option shall not be exercisable prior to one (1) year from grant. Thereafter, the Option shall only be exercisable as follows: Percentage of Shares Becoming Cumulative Available for Percentage On or After Exercise Available 12 months 20 25% 20 25% 24 months 20 25% 40 50% 36 months 20 25% 60 75% 48 months 20 25% 80 100% 60 months 20 % 100 %Exercisability of the Option upon a Change in Control shall be determined as provided in Section 13 of the 2016 Plan.
Appears in 1 contract
Time of Exercise of Option. (a) The Option shall not be exercisable prior to one (1) year from grant. Thereafter, the Option shall only be exercisable as follows: Percentage of Shares Becoming Cumulative Available for Percentage On or After Exercise Available 12 months 20 25% 20 25% 24 months 20 25% 40 50% 36 months 20 25% 60 75% 48 months 20 25% 80 100% 60 months 20 % 100 %Exercisability of the Option upon a Change in Control shall be determined as provided in Section 13 of the 2016 Plan.
Appears in 1 contract
Time of Exercise of Option. (a) The Option shall not be exercisable prior to one (1) year from grant. Thereafter, the Option shall only be exercisable as follows: [modify as appropriate] Percentage of Shares Becoming Cumulative Available for Percentage On or After Exercise Available 12 months 20 25 % 20 25 % 24 months 20 25 % 40 50 % 36 months 20 25 % 60 75 % 48 months 20 % 80 % 60 months 20 25 % 100 %% Exerciseability of the Option upon a Change in Control shall be determined as provided in Section 13 of the 2016 Plan.
Appears in 1 contract
Samples: Stock Option Agreement (Bruker Corp)
