Common use of Vested Option Shares Clause in Contracts

Vested Option Shares. Subject to Section 4, when this Option is vested with respect to any of the Option Shares, this Option shall continue to be exercisable with respect to such Option Shares (“Vested Option Shares”) at any time or times prior to the Expiration Date.

Appears in 12 contracts

Samples: Stock Option Agreement (Avalonbay Communities Inc), Stock Option Agreement (Avalonbay Communities Inc), Incentive Stock Option Agreement (Avalonbay Communities Inc)

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