Common use of Vesting of Option Rights Clause in Contracts

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: (b) During the lifetime of Employee, the Option shall be exercisable only by Employee and shall not be assignable or transferable by Employee, other than by will or the laws of descent and distribution.

Vesting of Option Rights. (a) Except as otherwise provided in this Agreement, the Option may be exercised by Employee in accordance with the following scheduleschedules and in accordance with Section 2.4 of the Employment Agreement between the Company and the Employee, dated March 12, 2010: (b) During the lifetime of Employee, the Option shall be exercisable only by Employee and shall not be assignable or transferable by Employee, other than by will or the laws of descent and distribution.

Vesting of Option Rights. (a) Except as otherwise provided in this Agreement, the Option may be exercised by Employee in accordance with the following scheduleschedules: (b) During the lifetime of Employee, the Option shall be exercisable only by Employee and shall not be assignable or transferable by Employee, other than by will or the laws of descent and distribution.

Vesting of Option Rights. (a) Except as otherwise provided in this Agreement, the Option may be exercised at any time by Employee the Optionholder in accordance with the following schedule: (b) During the lifetime of EmployeeOptionholder, the Option shall be exercisable only by Employee Optionholder and shall not be assignable or transferable by EmployeeOptionholder, other than by will or the laws of descent and distribution.