Vesting, Exercisability and Termination. (a) No portion of this Stock Option may be exercised until such portion shall have vested and become exercisable.
(b) Except as set forth below, and subject to the determination of the Committee in its sole discretion to accelerate the vesting schedule hereunder, this Stock Option shall be vested and exercisable on the respective dates indicated below:
(i) This Stock Option shall initially be unvested and unexercisable.
(ii) This Stock Option shall vest and become exercisable in accordance with the Vesting Schedule set forth in the Grant Notice.
Vesting, Exercisability and Termination. (a) No portion of this Stock Option may be exercised until such portion shall have vested.
(b) Except as set forth below and in Section 6, and subject to the determination of the Committee in its sole discretion to accelerate the vesting schedule hereunder, this Stock Option shall be vested and exercisable with respect to: (i) twenty-five percent (25%) of the Option Shares on the one (1) year anniversary of the Vesting Reference Date; and (ii) one forty-eighth (1/48th) of the Option Shares at the end of each month starting with the thirteenth (13th) month following the Vesting Reference Date. Notwithstanding anything herein to the contrary, but without limitation of Section 6, (a) upon the consummation of a Sale Event, 50% of the Option Shares that are not then vested will be accelerated and become vested and exercisable and (b) in the event that the Optionee’s employment with the Company and its Subsidiaries or a successor entity is terminated within twelve (12) months following a Sale Event (i) by the Company or its successor without Cause or (ii) by the Optionee for Good Reason, then all remaining unvested Option Shares (whether under this Stock Option or a substitute award as provided in Section 6) shall be accelerated and become vested and exercisable upon the effective date of such termination.
Vesting, Exercisability and Termination. (a) No portion of this Stock Option may be exercised until such portion shall have vested.
(b) Except as set forth below and in Section 6, and subject to the determination of the Board in its sole discretion to accelerate the vesting schedule hereunder, this Stock Option shall be vested and exercisable with respect to: (i) twenty-five percent (25%) of the Option Shares on the first anniversary of the Vesting Commencement Date; and (ii) 2.0833% of the Option Shares at the end of each successive one-month period following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date.
(c) Notwithstanding anything herein to the contrary, but without limitation of Section 6, in the event that this Stock Option is assumed or continued by the Company or its successor entity in the sole discretion of the parties to a Sale Event and thereafter remains in effect following such Sale Event as contemplated by Section 6.
Vesting, Exercisability and Termination. Fifty percent (50%) of this Stock Option shall be subject to time-based vesting criteria (the “Time-Vesting Options”), and fifty percent (50%) of such Stock Option shall be subject to performance-based vesting criteria (the “Performance-Vesting Options”). No portion of this Stock Option may be exercised until such portion shall have vested. Except as set forth below, and subject to the terms and conditions set forth in the Plan, determination of the Committee in its sole discretion to accelerate the vesting schedule hereunder, this Stock Option shall become vested and exercisable as follows:
Vesting, Exercisability and Termination. (a) This Stock Option may be exercised prior to the Expiration Date, or such earlier date as provided herein and may be exercised prior to vesting. To the extent that the Optionee exercises any portion of this Option prior to vesting, the Optionee shall enter into a Restricted Stock Agreement (substantially in the form attached hereto as Appendix B, “Restricted Stock Agreement”) and any unvested shares shall be subject to repurchase for the lower of the Option Exercise Price or the then current Fair Market Value in the event the Optionee’s Service Relationship terminates prior to vesting.
(b) Except as set forth below, and subject to the determination of the Committee in its sole discretion to accelerate the vesting schedule hereunder, this Stock Option shall be vested and exercisable with respect to the Option Shares on the respective dates indicated below:
(i) (A) twenty-five percent (25%) of the Time-Vested Option Shares became vested on April 29, 2017 and (B) the remaining Time-Vested Option Shares have or will become vested in equal installments on a monthly basis over the 36-month period following April 29, 2017.
(ii) The Annual-Vested Option Shares will become vested as follows:
(A) twenty-five percent (25%) of the Annual-Vested Option Shares became vested on January 15, 2017 (the “First Annual Vest Date”);
(B) an additional twenty-five percent (25%) of the Annual-Vested Option Shares have or will become vested on each of the first and second anniversaries of the First Annual Vest Date; and
(C) any remaining Annual-Vested Option Shares will become vested on the third anniversary of the First Annual Vest Date.
(c) Notwithstanding anything herein to the contrary, in the event of a Sale Event, this Stock Option and the Shares shall be treated as provided in Section 8.2 of the Plan.
Vesting, Exercisability and Termination. (a) No portion of this Stock Option may be exercised until such portion shall have vested.
(b) Except as set forth below and in Section 6, and subject to the determination of the Committee in its sole discretion to accelerate the vesting schedule hereunder, this Stock Option shall be vested and exercisable with respect to the Option Shares on the respective dates indicated below: Notwithstanding anything herein to the contrary, but without limitation of Section 6, in the event that this Stock Option is assumed or continued by the Company or its successor entity in the sole discretion of the parties to a Sale Event and thereafter remains in effect following such Sale Event as contemplated by Section 6, then 50% of the remaining unvested portion of this Stock Option then outstanding shall be deemed vested and exercisable upon the date on which the Optionee’s employment with the Company and its Subsidiaries or successor entity terminates if such termination occurs within 12 months of such Sale Event and such termination of employment results from a termination by the Company without Cause or by the Optionee for Good Reason.
Vesting, Exercisability and Termination. (a) No portion of this Stock Option may be exercised until such portion shall have vested and become exercisable.
(b) Except as set forth below, and subject to the determination of the Administrator in its sole discretion to accelerate the vesting schedule hereunder, this Stock Option shall be vested and exercisable with respect to the Underlying Shares on the respective dates indicated below:
(i) All Underlying Shares shall initially be unvested and unexercisable.
(ii) Twenty-five percent (25%) of the Underlying Shares shall vest and become exercisable on the one (1) year anniversary of the Vesting Commencement Date, provided that the Optionee continues to have a Service Relationship with the Company at such time.
(iii) Thereafter, the remaining seventy-five percent (75%) of the Underlying Shares shall vest and become exercisable in twelve (12) equal quarterly installments at the end of each quarter following the one (1) year anniversary of the Vesting Commencement Date, provided the Optionee continues to have a Service Relationship with the Company at such time. Notwithstanding anything herein to the contrary in the case of a Sale Event, this Stock Option shall be treated as provided in Section 3(c) of the Plan.
Vesting, Exercisability and Termination. (a) No portion of this Stock Option may be exercised until such portion shall have vested.
(b) Subject to Section 6 and to the determination of the Committee in its sole discretion to accelerate the vesting schedule hereunder, this Stock Option shall become vested and exercisable with respect to the Option Shares on the respective dates indicated below: 25% 12 months from the Vesting Date 2.0833% The 28th day of each month thereafter for the following 36 months
Vesting, Exercisability and Termination. (a) No portion of this Stock Option may be exercised until such portion shall have vested and become exercisable.
(b) Except as set forth below, and subject to the determination of the Board in its sole discretion to accelerate the vesting schedule hereunder, this Stock Option shall be vested and exercisable on the respective dates indicated below:
(i) This Stock Option shall vest and become exercisable in accordance with the following schedule:
(A) 1/36th of the Shares underlying this Stock Option shall vest on a monthly basis beginning on the date one month after the Vesting Commencement Date such that all Shares will be fully vested on the date three (3) years after the Vesting Commencement Date; provided, that the Optionee continues to have a Service Relationship with the Company at such time; and provided, further, that all unvested Shares underlying this Stock Option will vest in full immediately prior to the consummation of a Sale Event so long as the Optionee continues to have a Service Relationship with the Company at such time.
Vesting, Exercisability and Termination. (a) No portion of this Stock Option may be exercised until such portion shall have vested.
(b) Except as set forth below, and subject to the determination of the Committee in its sole discretion to accelerate the vesting schedule hereunder, this Stock Option shall be vested and exercisable with respect to the Option Shares on the respective dates indicated below:
(i) twenty-five percent (25%) of the Option Shares will become vested on [ ] and (ii) the remaining Option Shares will become vested in equal installments on a monthly basis over the 36-month period following [ ].
