Vesting and Exercisability of Option. Subject to Sections 6 and 7 hereof, provided that the Grantee continues to serve as an employee of the Company or any of its Subsidiaries, the Option shall vest and become exercisable on the third anniversary of the Grant Date.
Appears in 4 contracts
Samples: Nonqualified Stock Option Agreement (Cloud Peak Energy Resources LLC), Nonqualified Stock Option Agreement (Cloud Peak Energy Resources LLC), Nonqualified Stock Option Agreement (Cloud Peak Energy Resources LLC)
Vesting and Exercisability of Option. Subject to Sections Section 6 and 7 hereofSection 7, provided that the Grantee continues to serve as an employee of the Company or any of its Subsidiariessubsidiaries, the Option shall vest and become exercisable on the third anniversary of the Grant Date.
Appears in 1 contract
Samples: Ipo Nonqualified Stock Option Agreement (Cloud Peak Energy Inc.)
Vesting and Exercisability of Option. Subject to Sections Section 6 and 7 hereofSection 7, provided that the Grantee continues to serve as an employee of the Company or any of its Subsidiaries, the Option shall vest and become exercisable on the third anniversary of the Grant Date.
Appears in 1 contract
Samples: Ipo Nonqualified Stock Option Agreement (Cloud Peak Energy Inc.)