Common use of Vesting, Exercisability and Termination Clause in Contracts

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.

Appears in 6 contracts

Samples: Consulting Agreement, Incentive Stock Option Agreement (Hippo Holdings Inc.), Employment Agreement (Qualtrics International Inc.)

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Vesting, Exercisability and Termination. (a) No portion of this Stock Option may be exercised until such portion shall have vested and become exercisableis vested. (b) Except as set forth below, and subject Subject to the determination of the Committee in its sole discretion to accelerate the above vesting schedule hereunderschedule, this Stock Option shall be vested and exercisable on with respect to 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 Shares as set forth in the Grant Noticeabove.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Dov Pharmaceutical Inc)

Vesting, Exercisability and Termination. (a) No portion of this Stock Option may be exercised until such portion shall have vested and become exercisablevested. (b) Except as set forth belowin Section 6, and subject to the determination of the Committee in its sole discretion to accelerate the above vesting schedule hereunderschedule, this Stock Option shall be vested and exercisable on with respect to 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 Shares as set forth in the Grant Noticeabove.

Appears in 1 contract

Samples: Stock Option Agreement (Dov Pharmaceutical Inc)

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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 with respect to the Underlying Shares on the respective dates indicated below: (i) This on the Grant Sheet: Notwithstanding anything herein to the contrary in the case of a Sale Event, this Stock Option shall initially be unvested and unexercisabletreated as provided in Section 3(c) of the Plan. (ii) This Stock Option shall vest and become exercisable in accordance with the Vesting Schedule set forth in the Grant Notice.

Appears in 1 contract

Samples: Restricted Stock Agreement (Acell Inc)

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