Common use of Vesting and Exercisability Clause in Contracts

Vesting and Exercisability. (a) No portion of this Stock Option may be exercised until such portion shall have vested.

Appears in 19 contracts

Samples: Non Qualified Stock Option Agreement (Ansys Inc), Incentive Stock Option Agreement (Ansys Inc), Qualified Stock Option Agreement (Natrol Inc)

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Vesting and Exercisability. (a) No portion of this Stock Option may be exercised until such portion shall have become vested, at which time the vested portion of the Stock Option shall be exercisable.

Appears in 9 contracts

Samples: Incentive Stock Option Agreement (iBio, Inc.), Non Qualified Stock Option Agreement (iBio, Inc.), Incentive Stock Option Agreement (iBio, Inc.)

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Vesting and Exercisability. (a) No portion of this Stock Option may be exercised until such portion shall have become vested; at which time the vested portion of the Stock Option shall be exercisable.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Cortigent, Inc.), Non Qualified Stock Option Agreement (Cortigent, Inc.)

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