Time to Exercise. This Option shall vest and be exercisable in installments as follows:
(a) Upon the re-election of the Optionee as a Director of the Company at its Annual Meeting held in 1999 3,000 shares (b) Upon the re-election of the Optionee as a Director of the Company at its Annual Meeting held in 2000 3,000 shares (c) Upon the re-election of the Optionee as a Director of the Company at its Annual Meeting held in 2001 3,000 shares (d) Upon the e-election of the Optionee as a Director of the Company at its Annual Meeting held on 2002 3,000 shares To the extent not exercised, installments shall accumulate and be exercisable, in whole or in part, in any subsequent period. Anything in this Agreement to the contrary notwithstanding, this Option shall terminate and no part of the Option may be exercised after 5:00 p.m. on December 17, 2007.
Time to Exercise. Consistent with and confirming a resolution of Parent’s board of directors that was unanimously approved on August 10, 2021, and notwithstanding the provisions of the 2018 Plan, the 2019 Plan, or the incentive option agreement or other instrument by which Employer or Parent granted Options to Employee (“Grant Agreement”), provided that Employee’s employment shall not have been terminated for Cause, Employee shall be entitled to exercise, by completing all steps listed in the respective Grant Agreement, any vested, unexercised Option or Options, through the day that is the earlier of (i) the day that is two (2) years after the last date of employment of Employee by Employer or any parent, subsidiary or affiliated company of Employer and (ii) the expiration date applicable to such Option.
Time to Exercise. The Option must be exercised no later than the Final Exercise Date, and if not exercised by such date, will thereupon terminate. The Option must also be exercised by the termination of the Optionee’s Employment and, if not exercised by such date, will thereupon terminate, provided that, upon termination of the Optionee’s Employment (i) by Employer without Cause, (ii) by resignation by the Optionee, or (iii) as a result of a Disability or death, the Option will remain exercisable until the earlier of the 90th day after the Date of Termination (or the one-year anniversary thereof, in the case of a termination resulting from Disability or death) or the Final Exercise Date, and will thereupon terminate, provided further that the Administrator shall extend the period to exercise the portion of the Option that vests after termination of Employment (but not beyond the Final Exercise Date) to the extent necessary to determine the Actual Internal EBITA (as defined in Schedule A) for the year containing the Date of Termination (or for the preceding year, as applicable).
Time to Exercise. The Option must be exercised no later than the Final Exercise date, and if not exercised by such date, will thereupon terminate. The Option must also be exercised by the termination of the Optionee’s Employment and, if not exercised by such date, will thereupon terminate, provided that, upon termination of the Optionee’s Employment (i) by Employer without Cause, (ii) by resignation by the Optionee, or (iii) as a result of a Disability or death, the Option will remain exercisable until the earlier of the 90th day after the Date of Termination (or the one-year anniversary thereof in the case of a termination resulting from Disability or death) or the Final Exercise Date, and will thereupon terminate.
Time to Exercise. This Option shall be exercisable in whole or in part at any time on or after August 15, 2006. In addition, the exercisability of this Option shall be accelerated in the manner and subject to the conditions set forth below: Options for 40,000 shares shall be accelerated and become immediately exercisable in whole or in part when earnings per share for the Company (as reported on audited consolidated financial statements) for a calendar year first equal or exceed $1.32; Options for 40,000 shares shall be accelerated and become immediately exercisable in whole or in part when earnings per share for the Company (as reported on audited consolidated financial statements) for a calendar year first equal or exceed $1.52; Options for 40,000 shares shall be accelerated and become immediately exercisable in whole or in part when earnings per share for the Company (as reported on audited consolidated financial statements) for a calendar year first equal or exceed $1.75; 2 EXHIBIT 10.37 Options for 40,000 shares shall be accelerated and become immediately exercisable in whole or in part when earnings per share for the Company (as reported on audited consolidated financial statements) for a calendar year first equal or exceed $2.00; Options for 40,000 shares shall be accelerated and become immediately exercisable in whole or in part when earnings per share for the Company (as reported on audited consolidated financial statements) for a calendar year first equal or exceed $2.30; and Options for 40,000 shares shall be accelerated and become immediately exercisable in whole or in part when earnings per share for the Company (as reported on audited consolidated financial statements) for a calendar year first equal or exceed $2.65. Only one installment may be accelerated with respect to any one calendar year. The foregoing installments shall vest sequentially and once vested shall remain vested irrespective of the financial performance of the Company in future years. The date of the acceleration of the exercisability of any installment shall be the date that the audited financial statements for such respective year are delivered to the Company. The calendar years with respect to which such vesting acceleration provisions shall apply shall be the calendar year ended December 31, 1997 and the following calendar years. To the extent not exercised, accelerated installments shall accumulate and be exercisable, in whole or in part, in any subsequent period. Anything in this Agreem...
Time to Exercise. This Option shall be exercisable in installments as follows:
(a) From and after November 1, 1999 - shares 15,000 shares (b) From and after November 1, 2000 - shares 15,000 shares (c) From and after November 1, 2001 - shares 15,000 shares (d) From and after November 1, 2002 - shares 15,000 shares (e) From and after November 1, 2003 - shares 15,000 shares To the extent not exercised, installments shall accumulate and be exercisable, in whole or in part, in any subsequent period. Anything in this Agreement to the contrary notwithstanding, this Option shall terminate and no part of the Option may be exercised after 5:00 p.m. on November 1, 2007.
Time to Exercise. The Option must be exercised no later than the Final Exercise Date, and if not exercised by such date, will thereupon terminate. The Option must also be exercised by the termination of the Optionee’s Employment, and if not exercised by such date, will thereupon terminate, except as provided below:
(i) upon termination of the Optionee’s Employment (i) by the Employer without Cause, (ii) by resignation by the Optionee for Good Reason, or (iii) as a result of a Disability or death, or upon the Sale of a Business where the Optionee is employed by the Sold Business and is not offered employment with a Retained Business on substantially similar terms and conditions, the Option will remain exercisable through the Extended Exercise Period, and will thereupon terminate;
(ii) if the Optionee’s Employment terminates as a result of resignation by the Optionee other than for Good Reason and such Employment terminates (i) prior to the fifth anniversary of the Closing, then the Option will remain exercisable until the earlier of (a) the 90th day after the Date of Termination or (b) the Final Exercise Date, and will thereupon terminate, or (ii) on or after the fifth anniversary of the Closing, then the Option will remain exercisable through the Extended Exercise Period, and will thereupon terminate;
(iii) if, the Optionee’s Employment terminates as a result of the Optionee’s Retirement, then the Option will remain exercisable through the Extended Exercise Period, and will thereupon terminate; provided further that the Administrator shall extend the period to exercise the portion of the Option that vests after termination of Employment (but not beyond the Final Exercise Date) to the extent necessary to determine the Actual Internal EBITA (as defined in Schedule A) for the year containing the Date of Termination (or for the preceding year, as applicable).
Time to Exercise. Notwithstanding anything contained in the 2011 Stock Incentive Plan of Honeywell International Inc. and its Affiliates, as well as any successor plans (collectively the “Honeywell Stock Plans”) or associated Award Agreements to the contrary, if any New Retention Options vest pursuant to Paragraph 1 above, you shall have the full remaining term to exercise (i.e., typically 10 years from the date of each stock option grant) any such New Retention Options.
Time to Exercise. Except as provided elsewhere herein, this Option shall be exercisable in installments as follows: Beginning Number of Shares October 5, 1995 _____ October 5, 1996 _____ October 5, 1997 _____ October 5, 1998 _____ October 5, 1999 _____ To the extent not exercised, installments shall accumulate and be exercisable, in whole or in part, in any subsequent period. No part of the Option may be exercised after the date set forth in paragraph 6.
