Vesting of Option Rights. (a) Except as otherwise provided in this Agreement, the Option may be exercised by Optionee in accordance with the following schedule: Number of Shares On or after each of with respect to which the following dates the Option is exercisable
Vesting of Option Rights. (a) Except as otherwise provided in this Agreement, the Option may be exercised by Employee in accordance with the following schedule: On or after each of the following dates Number of non-cumulative Shares with respect to which the Option is exercisable February 6, 2013 45,000 February 6, 2014 45,000 February 6, 2015 45,000
Vesting of Option Rights. Except as otherwise provided in section 3 of this agreement, the Director may exercise the Option in accordance with the following schedule: On or after each of the following dates Number of shares with respect to which the Option is exercisable 05/10/00 6,000
Vesting of Option Rights. The Optionee, provided the Optionee has remained in the continuous service of the Company or a Subsidiary from the Effective Date, may exercise the Option Rights granted under this Agreement during the periods described below (subject to Paragraph 6 below), for the acquisition of the number of Common Shares stated.
Vesting of Option Rights. (a) The Option shall have a vesting commencement date of January 3, 2012, (the “Vesting Commencement Date”), and except as otherwise provided in this Agreement, the Option shall be exercisable for vested Shares only. The Option shall initially be for unvested Shares. Twenty-five percent (25%) of the Shares shall become vested Shares upon the anniversary of the Vesting Commencement Date provided that Optionee must have continuously provided Service during such time. The balance of the Shares shall become vested Shares in a series of thirty-six (36) successive equal monthly installments upon Optionee’s completion of each additional month of Service over the thirty-six (36) month period measured from the anniversary of the Vesting Commencement Date. In no event shall any additional Shares vest after Optionee’s Service ceases.
Vesting of Option Rights. (a) Except as otherwise provided in Section 3 of this agreement, the Option may be exercised by Holder in full beginning on the date hereof.
Vesting of Option Rights. The Option is fully vested and may be exercised by Employee from and after the date of grant as to any or all of the Shares.
Vesting of Option Rights. (a) Except as otherwise provided in this Agreement, the Option may be exercised by Employee in accordance with the following schedule: On or after each of the following dates __________________________ June 30, 2007 September 30, 2007 December 31, 2007 March 31, 2008 June 30, 2008 September 30, 2008 December 31, 2008 March 31, 2009 June 30, 2009 September 30, 2009 December 31, 2009 March 31, 2010 Number of Shares with respect to which the Option is exercisable __________________________ 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 60,000
Vesting of Option Rights. The Option shall not be exercisable the first time by Employee except in accordance with subsection 422(d) of the Code. Except as provided in the preceding sentence or as otherwise provided in section 3 of this agreement, the Option may be exercised by Employee in accordance with the following schedule: Cumulative percentage of On or after each of shares with respect to the following dates which Option is exercisable August 1, 1996 20% August 1, 1997 40% August 1, 1998 60% August 1, 1999 80% August 1, 2000 100%
Vesting of Option Rights. (a) Except as otherwise provided in Sections 3 or 4 of this Agreement, the Option may be exercised by Employee in accordance with the following schedule: On or after each of the following dates Number of shares with respect to which the Option is exercisable 1st Anniversary of the Effective Date 75,000 2nd Anniversary of the Effective Date 150,000
