Common use of Vesting and Exercise Schedule Clause in Contracts

Vesting and Exercise Schedule. The Option will vest and become exercisable as to the number of Shares and on the dates specified in the Vesting and Exercise Schedule on the cover page to this Agreement, so long as you continue to serve as General Counsel of the Company. The Vesting and Exercise Schedule is cumulative, meaning that to the extent the Option has not already been exercised and has not expired, terminated or been cancelled, you or the person otherwise entitled to exercise the Option as provided in this Agreement may at any time purchase all or any portion of the Shares that may then be purchased under the Vesting and Exercise Schedule. Vesting and exercisability of the Option may be accelerated during the term of the Option under the circumstances described in Section 5(b).

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (Standard Biotools Inc.), Non Statutory Stock Option Agreement (Standard Biotools Inc.)

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Vesting and Exercise Schedule. The This Option will vest and become exercisable as to the number portion of Shares and on the dates specified in the Vesting and Exercise Schedule on the cover page to this Agreement, so long as you continue your Service to serve as General Counsel of the CompanyCompany does not end. The Vesting and Exercise Schedule is cumulative, meaning that to the extent the Option has not already been exercised and has not expired, terminated or been cancelled, you or the person otherwise entitled to exercise the Option as provided in this Agreement may at any time purchase all or any portion of the Shares that may then be purchased under the Vesting and Exercise that Schedule. Vesting and exercisability of the this Option may be accelerated during the term of the Option under the circumstances described in Sections 12(b), (c) and (d) of the Plan, and at the discretion of the Committee in accordance with Section 5(b)3 (b)(2) of the Plan.

Appears in 1 contract

Samples: Stock Option Award Agreement (Valuevision Media Inc)

Vesting and Exercise Schedule. The This Option will vest and become exercisable as to the number portion of the Shares and on the dates specified in the Vesting and Exercise Schedule on the cover page to this Agreement, so long as you continue your Service to serve as General Counsel of the CompanyCompany does not end. The Vesting and Exercise Schedule is cumulative, meaning that to the extent the Option has not already been exercised and has not expired, terminated or been cancelled, you or the person otherwise entitled to exercise the Option as provided in this Agreement may at any time purchase all or any portion of the Shares that may then be purchased under the Vesting and Exercise that Schedule. Vesting and exercisability of the this Option may be accelerated during the term of the Option under the circumstances described in Sections 12(b), (c) and (d) of the Plan, and at the discretion of the Committee in accordance with Section 5(b)3(b)(2) of the Plan.

Appears in 1 contract

Samples: Equity Incentive Plan (Hutchinson Technology Inc)

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Vesting and Exercise Schedule. The This Option will vest and become exercisable as to the number portion of Shares and on the dates specified in the Vesting and Exercise Schedule on the cover page to this Agreement, so long as you continue your Service to serve as General Counsel of the CompanyCompany and its Affiliates does not end. The Vesting and Exercise Schedule is cumulative, meaning that to the extent the Option has not already been exercised and has not expired, terminated or been cancelled, you or the person otherwise entitled to exercise the Option as provided in this Agreement may at any time purchase all or any portion of the Shares that may then be purchased under the Vesting and Exercise that Schedule. Vesting and exercisability of the this Option may be accelerated during the term in connection with a Change in Control of the Option under the circumstances Company as described in Section 5(b)11 of this Agreement, and at the discretion of the Committee in accordance with Section 3(b)(2) of the Plan.

Appears in 1 contract

Samples: Statutory Stock Option Agreement (Guide Holdings Inc)

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