Common use of Vesting; Conditions to Exercise Clause in Contracts

Vesting; Conditions to Exercise. (a) Subject to termination of the Option or the earlier vesting of the Option Shares pursuant to this Agreement or the Plan, on the Vesting Date (as defined below), Grantee shall become vested in one-hundred percent (100%) of the total number of Option Shares, which shall then be considered Vested Option Shares (as defined below), and with Grantee able to purchase shares of Common Stock covered by such Vested Option Shares.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Electronic Data Systems Corp /De/), Nonqualified Stock Option Agreement (Electronic Data Systems Corp /De/), Nonqualified Stock Option Agreement (Electronic Data Systems Corp /De/)

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Vesting; Conditions to Exercise. (a) Subject to termination of the Option or the earlier vesting of the Option Shares pursuant to this Agreement or the PlanParagraph 3(a) below, on the Vesting Date (as defined belowhereinafter defined), Grantee shall become vested in one-one hundred percent (100%) of the total number of Option Shares, which shall then be considered Vested Option Shares (as defined belowhereinafter defined), and with Grantee able to purchase shares of Common Stock covered by such Vested Option Sharesthereby.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Electronic Data Systems Corp /De/), Restricted Stock Unit Agreement (Electronic Data Systems Corp /De/)

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Vesting; Conditions to Exercise. (a) Subject to termination of the Option or the earlier vesting of the Option Shares pursuant to this Agreement or the Plan, on the Vesting Date (as defined belowhereinafter defined), Grantee shall become vested in one-hundred percent (100%) of the total number of Option Shares, which shall then be considered Vested Option Shares (as defined below), and with Grantee able to purchase shares of Common Stock covered by such Vested Option Shares.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Electronic Data Systems Corp /De/)

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