Common use of Vesting of Stock Option Clause in Contracts

Vesting of Stock Option. The Stock Option may be exercised, in whole or in part, at any time or from time to time during the balance of the term of the Stock Option pursuant to the vesting schedule set forth in Exhibit “A”, subject to Paragraph 11 hereof. The minimum number of shares of Common Stock for which this Stock Option may be exercisable at any one time is one hundred (100), unless the number of shares exercisable thereunder is less than one hundred (100). The Stock Option may only be exercised by the Participant (or by his or her guardian or legal representative), except as provided in Subparagraph 6.A. hereof in the case of the Participant’s death.

Appears in 2 contracts

Samples: Stock Option Agreement (Westwood One Inc /De/), Stock Option Agreement (Westwood One Inc /De/)

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Vesting of Stock Option. The Stock Option may be exercised, in whole or in part, at any time or from time to time during the balance of the term of the Stock Option pursuant to the vesting schedule set forth in Exhibit “A”, subject to Paragraph 11 Paragraphs 7 and 12 hereof. The minimum number of shares of Common Stock for which this Stock Option may be exercisable at any one time is one hundred (100), unless the number of shares exercisable thereunder is less than one hundred (100). The Stock Option may only be exercised by the Participant (or by his or her guardian or legal representative), except as provided in Subparagraph 6.A. hereof in the case of the Participant’s death.

Appears in 1 contract

Samples: Stock Option Agreement (Westwood One Inc /De/)

Vesting of Stock Option. The Stock Option may be exercised, in whole or in part, at any time or from time to time during the balance of the term of the Stock Option pursuant to the vesting schedule set forth in Exhibit “A”, subject to Paragraph Section 11 hereof. The minimum number of shares of Common Stock for which this Stock Option may be exercisable at any one time is one hundred (100), unless the number of shares exercisable thereunder is less fewer than one hundred (100). The Stock Option may only be exercised only by the Participant (or by his or her guardian or legal representative), except as provided in Subparagraph Section 6.A. hereof in the case of the Participant’s death.

Appears in 1 contract

Samples: Stock Option Agreement (Dial Global, Inc. /De/)

Vesting of Stock Option. The Stock Option may be exercised, in whole or in part, at any time or from time to time during the balance of the term of the Stock Option pursuant to the vesting schedule set forth in Exhibit “A”, subject to Paragraph Section 11 hereof. The minimum number of shares of Common Stock for which this Stock Option may be exercisable at any one time is one hundred (100), unless the number of shares exercisable thereunder is less fewer than one hundred (100). The Stock Option may only be exercised only by the Participant (or by his or her guardian or legal representative), except as provided in Subparagraph 6.A. Section 7.A. hereof in the case of the Participant’s 's death.

Appears in 1 contract

Samples: Stock Option Agreement (Dial Global, Inc. /De/)

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Vesting of Stock Option. The Stock Option may be exercised, in whole or in part, at any time or from time to time during the balance of the term of the Stock Option pursuant to the vesting schedule set forth in Exhibit “A”, subject to Paragraph 11 Paragraphs 6, 7 and 12 hereof. The minimum number of shares of Common Stock for which this Stock Option may be exercisable at any one time is one hundred (100), unless the number of shares exercisable thereunder is less than one hundred (100). The Stock Option may only be exercised by the Participant (or by his or her guardian or legal representative), except as provided in Subparagraph 6.A. hereof in the case of the Participant’s death.

Appears in 1 contract

Samples: Stand Alone Stock Option Agreement (Westwood One Inc /De/)

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