Vesting and Exercisability of Options. a. Subject to Sections 3(b), (c) and (d) below and Section 4, the Option granted under the Agreement shall vest in accordance with the schedule set forth below; provided the Participant has been in Continuous Service through each vesting date. For purposes of the Agreement, “Continuous Service” shall mean the Participant’s service with the Company or any Subsidiary or Affiliate as an employee, or the Participant’s service as a member of the Board of Directors of the Company, has not been interrupted or terminated, and shall include any period during which the Participant is on an approved leave of absence from the Company or its Subsidiaries or Affiliates.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement, Non Qualified Stock Option Grant Agreement (Heidrick & Struggles International Inc), Non Qualified Stock Option Grant Agreement (Heidrick & Struggles International Inc)
