Common use of Vesting of Option if Employment Continues Clause in Contracts

Vesting of Option if Employment Continues. For the purpose of determining the vesting of the Stock Option granted hereunder, the vesting date will start on , (the “Vesting Date”) and this Stock Option will vest over years. Subject to the earlier expiration of this Stock Option as herein provided and further subject to the continued employment of Employee by the Company, this Stock Option may be exercised, by written notice to the Company, at any time and from time to time after the date of execution hereof, but this Stock Option shall not be exercisable for more than the aggregate number of shares of Common Stock offered by this Stock Option as set forth opposite the following applicable Exercise Dates: Number of

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Applied Optoelectronics, Inc.), Incentive Stock Option Agreement (Applied Optoelectronics, Inc.), Incentive Stock Option Agreement (Applied Optoelectronics, Inc.)

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