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
Appears in 1 contract
Samples: Non Incentive Stock Option Agreement (Image Sensing Systems Inc)
Vesting of Option Rights. Except as otherwise provided in section 3 of this agreement, the Director Option may exercise the Option be exercised by Director/Contractor in accordance with the following schedule: On or after each of the following dates Number Cumulative percentage of shares with respect to which the Option is exercisable 05/10/00 6,000____________ Initial _______ ____________ Additional _______ ____________ Additional _______
Appears in 1 contract
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 the following dates which the Option is exercisable 05/10/00 6,000------------------- ------------------------------- December 31, 2002 24,000 December 31, 2003 12,000
Appears in 1 contract
Samples: Non Incentive Stock Option Agreement (Michalopoulos Panos G)
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 the following dates which the Option is exercisable 05/10/00 6,000------------------- -------------------------------
Appears in 1 contract
Samples: Non Incentive Stock Option Agreement (Michalopoulos Panos G)
