Vesting and Exercisability. Subject to the terms and conditions set forth herein, the Options shall become fully vested on the vesting date set forth in the Award Summary (the “Vesting Date”) and shall be exercisable from the Vesting Date through the expiration date set forth in the Award Summary (the “Expiration Date”). Options may vest only while the Participant is actively employed by the Company. Once vested and exercisable, and until terminated, all or any portion of the Options may be exercised from time to time and at any time under procedures that the Committee or its delegate shall establish from time to time, including, without limitation, procedures regarding the frequency of exercise and the minimum number of Options which may be exercised at any time.
Appears in 6 contracts
Samples: Stock Units Terms and Conditions (Pepsico Inc), Pepsico Annual Long (Pepsico Inc), Stock Units Terms and Conditions (Pepsico Inc)
Vesting and Exercisability. Subject to the terms and conditions set forth herein, the number of Options specified in the Award Summary shall become fully vested on the each vesting date set forth in the Award Summary (the “Vesting Date”) and ). The specified number of Options shall be exercisable from the applicable Vesting Date through the expiration date set forth in the Award Summary (the “Expiration Date”). Options may vest only while the Participant is actively employed by the Company. Once vested and exercisable, and until terminated, all or any portion of the Options may be exercised from time to time and at any time under procedures that the Committee or its delegate shall establish from time to time, including, without limitation, procedures regarding the frequency of exercise and the minimum number of Options which may be exercised at any time.
Appears in 3 contracts
Samples: Pepsico Stock Option Retention Award (Pepsico Inc), Pepsico Stock Option Retention Award (Pepsico Inc), Pepsico Stock Option Retention Award (Pepsico Inc)
Vesting and Exercisability. Subject to the terms and conditions set forth herein, the Options shall become fully vested on the vesting vesting/exercisable date set forth in on the Award Summary (the “Vesting Date”) and shall be exercisable from the Vesting Date through the expiration date set forth in on the Award Summary (the “Expiration Date”). Options may vest only while the Participant is actively employed by the Company. Once vested and exercisable, and until terminated, all or any portion of the Options may be exercised from time to time and at any time under procedures that the Committee or its delegate shall establish from time to time, including, without limitation, procedures regarding the frequency of exercise and the minimum number of Options which may be exercised at any time.
Appears in 2 contracts
Samples: Stock Option Terms and Conditions (Pepsico Inc), Stock Option Terms and Conditions (Pepsico Inc)
Vesting and Exercisability. Subject to the terms and conditions set forth herein, the Options shall become fully vested on the “vesting date set forth in date” as indicated on the Award Summary (the “Stock Option Vesting Date”) and shall be exercisable from the Stock Option Vesting Date through the “expiration date set forth in date” as indicated on the Award Summary (the “Expiration Date”). Options may vest only while the Participant is actively employed by the Company. Once vested and exercisable, and until terminatedterminated or expired, all or any portion of the Options may be exercised from time to time and at any time under procedures that the Committee or its delegate shall establish from time to time, including, without limitation, procedures regarding the frequency of exercise and the minimum number of Options which may be exercised at any time.
Appears in 2 contracts
Samples: Pepsico Inc, Pepsico Inc
Vesting and Exercisability. Subject to the terms and conditions set forth herein, the Options shall become fully vested on the vesting date set forth in on the Award Summary (the “Vesting Date”) and shall be exercisable from the Vesting Date through the expiration date set forth in on the Award Summary (the “Expiration Date”). Options may vest only while the Participant is actively employed by the Company. Once vested and exercisable, and until terminated, all or any portion of the Options may be exercised from time to time and at any time under procedures that the Committee or its delegate shall establish from time to time, including, without limitation, procedures regarding the frequency of exercise and the minimum number of Options which may be exercised at any time.
Appears in 1 contract
Samples: Pepsico Pro (Pepsico Inc)