Vesting and Term of Option. (a) The Option may not be exercised prior to , 20 . Commencing on , 20 , the Option may be exercised by Participant prior to its termination in cumulative annual installments as follows: Date Percentage of Shares as to which Option is Exercisable , 20 % , 20 % , 20 % , 20 % , 20 % The Option shall in all events terminate on , 20 or such earlier date as prescribed herein.
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Samples: Non Qualified Stock Option Agreement (Fuller H B Co), Qualified Stock Option Agreement (Fuller H B Co), Qualified Stock Option Agreement (Fuller H B Co)
Vesting and Term of Option. (a) The Option may not be exercised prior to , 20 . Commencing on , 20 , the Option may be exercised by Participant prior to its termination in cumulative annual installments as follows: Date Percentage of Shares as to which Option is Exercisable , ,20 % , ,20 % , ,20 % , ,20 % , ,20 % The Option shall in all events terminate on , 20 or such earlier date as prescribed herein.
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