Common use of Vesting and Exercise of Option Clause in Contracts

Vesting and Exercise of Option. The Option shall become vested and exercisable in accordance with the vesting schedule set forth in the Award Notice (the “Vesting Schedule”). The period of time prior to the full vesting of the Option shall be referred to herein as the “Vesting Period.” The Option shall be vested and exercisable following a termination of Optionee’s employment according to the following terms and conditions:

Appears in 5 contracts

Samples: Stock Option Agreement (CDW Corp), Stock Option Agreement (CDW Corp), Stock Option Agreement (CDW Corp)

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Vesting and Exercise of Option. The Option shall become vested and exercisable in accordance with the vesting schedule set forth in the Award Notice (the “Vesting Schedule”). The period of time prior to the full vesting of the Option shall be referred to herein as the “Vesting Period.” The Option shall be vested and exercisable following a termination of Optionee’s employment according to the following terms and conditions:

Appears in 2 contracts

Samples: Stock Option Agreement (Thermon Group Holdings, Inc.), Stock Option Agreement (Century Communities, Inc.)

Vesting and Exercise of Option. The Option shall become vested and exercisable in accordance with the vesting schedule set forth in the Award Notice (the “Vesting Schedule”). The period of time prior Notice, subject to the full vesting Optionee’s continued employment or service, as applicable, in good standing with the Company as of the Option shall be referred to herein applicable Vesting Date as set forth in the “Vesting Period.” The Option shall be vested and exercisable following Award Notice. In the event of a termination of Optionee’s employment according or service, as applicable, prior to an applicable Vesting Date, the following terms portion of such Option that is not vested as of the date of such termination of employment shall be immediately and conditionsautomatically canceled and forfeited; provided that:

Appears in 1 contract

Samples: Stock Option Agreement (United Insurance Holdings Corp.)

Vesting and Exercise of Option. The Option shall become vested and exercisable in accordance with the vesting schedule set forth in the Award Notice (the “Vesting Schedule”). The period of time prior to the full vesting of the Option shall be referred to herein as the “Vesting Period.” The Option shall be vested and exercisable following a termination of Optionee’s employment according to the following terms and conditions:

Appears in 1 contract

Samples: Employment Agreement (Sirius International Insurance Group, Ltd.)

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Vesting and Exercise of Option. The Option shall become vested and exercisable in accordance with the vesting schedule set forth in the Award Notice (the “Vesting Schedule”), subject to Section 3.5 of this Agreement. The period of time prior to the full vesting of the Option shall be referred to herein as the “Vesting Period.” The Option shall be vested and exercisable following a termination of Optionee’s employment by Optionee according to the following terms and conditions:

Appears in 1 contract

Samples: Employment Agreement (Gogo Inc.)

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