Common use of Time Option Clause in Contracts

Time Option. The Time Option, unless otherwise specifically provided on the signature page hereof, shall become vested and exercisable ratably on a monthly basis for the five-year period, beginning on the Grant Date.

Appears in 3 contracts

Samples: Stock Option Agreement (Sealy Mattress CORP), Stock Option Agreement (Sealy Mattress CORP), Stock Option Agreement (Sealy Mattress CORP)

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Time Option. The Time Option, unless otherwise specifically provided on the signature page hereof, Option shall become vested and exercisable ratably on a monthly basis for the five-year period, beginning on the Grant Date.

Appears in 1 contract

Samples: Stock Option Agreement (Sealy Corp)

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