Tranche B Options. All of the Tranche B Options shall become Vested Options in the event the Investor IRR equals or exceeds 20%.
Appears in 1 contract
Samples: Form of Option Agreement (NRT Settlement Services of Missouri LLC)
Tranche B Options. All of the Tranche B Options shall become Vested Options in and shall become exercisable on the event date that the Investor IRR equals is equal to or exceeds 20%% (the “Tranche B Targets”).
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (MPM Silicones, LLC)
Tranche B Options. All Subject to Section 6.1 of this Agreement, all of the Tranche B Options shall become Vested Options in and shall become exercisable on the event date that the Investor IRR equals is equal to or exceeds 20%% (the “Tranche B Target”).
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Tranche B Options. All of the Tranche B Options shall become Vested Options in and shall become exercisable on the event earlier of (i) the date that the Investor IRR equals is equal to or exceeds 20%% and (ii) the Investor’s achievement of a minimum cash-on-cash return of 1.75 times the Investor Investment (the targets in subclauses (i) and (ii), the “Tranche B Targets”).
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Momentive Performance Materials Inc.)
