Time Option. Subject to clause (b)(i) below, the Time Option shall become vested and exercisable as follows: (x) with respect to 5% of the shares of Common Stock underlying such Time Option, on the Grant Date; and (y) with respect to 19% of the shares of Common Stock underlying such Time Option, on each of the five anniversaries of December 31, 2006.
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Samples: Stock Option Agreement (Nielsen CO B.V.), Stock Option Agreement (CZT/ACN Trademarks, L.L.C.)
Time Option. Subject to clause (b)(i) below, the Time Option shall become vested and exercisable as follows: (x) with respect to 5% of the shares of Common Stock underlying such Time Option, on the Grant Date; and (y) with respect to 1931.67% of the shares of Common Stock underlying such Time Option, on each of the five three anniversaries of December 31May 1, 20062007.
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Time Option. Subject to clause (b)(i) below, the Time Option shall become vested and exercisable as follows: (x) with respect to 5% of the shares of Common Stock underlying such Time Option, on the Grant DateDecember 31, 2006; and (y) with respect to 19% of the shares of Common Stock underlying such Time Option, on each of the subsequent five anniversaries of December 31, 2006.
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