Vesting Termination of Employment. (a) Subject to the earlier termination or cancellation of the Option as set forth herein or in the Plan, the Option shall become vested (but not exercisable) as follows, in each case so long as the Participant’s Employment has not theretofore terminated:
Appears in 9 contracts
Samples: Nonqualified Stock Option Agreement (Hawker Beechcraft Notes Co), Nonqualified Stock Option Agreement (Hawker Beechcraft Notes Co), Nonqualified Stock Option Agreement (Hawker Beechcraft Notes Co)
Vesting Termination of Employment. (a) Subject to Section 2(b) hereof and the earlier termination or cancellation of the Option as set forth herein or in the Plan, the Option shall vest and become vested (but not exercisable) exercisable as follows, in each case so long as the Participant’s Employment has not theretofore terminated:
Appears in 9 contracts
Samples: Agreement (Hawker Beechcraft Quality Support Co), Nonqualified Stock Option Agreement (Hawker Beechcraft Notes Co), Nonqualified Stock Option Agreement (Hawker Beechcraft Notes Co)
Vesting Termination of Employment. (a) Subject to the earlier termination or cancellation of the Option as set forth herein or in the Plan, the Option shall be eligible to vest and become vested exercisable under Section 2(b) hereof upon achievement of the time-vesting condition described in this Section 2(a) (but not exercisable) as follows, in each case so long as the Participant’s Employment has not theretofore terminated:“Time Condition”).
Appears in 2 contracts
Samples: Option Agreement (Portillo's Inc.), Option Agreement (Portillo's Inc.)
Vesting Termination of Employment. (a) Subject to the earlier termination or cancellation of the Option as set forth herein or in the Plan, the Option shall vest and become vested (but not exercisable) exercisable as follows, in each case so long as the ParticipantOptionee’s Employment has not theretofore terminated:
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Michael Foods Group, Inc.)