Date Exercisable definition

Date Exercisable. The Option shall become exercisable for all the Option Shares upon the Optionee's completion of six (6) months of Service measured from the Grant Date.
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Date Exercisable. This option may be exercised, in whole or in part, for 100% of the Shares subject to this option at any time after the Date of Grant.
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Date Exercisable. The Option shall become exercisable with respect to, (i) eight and one-third percent (81/3%) of the Option Shares upon Optionee's completion of three (3) months of Service measured from the Vesting Commencement Date and (ii) the balance of the Option Shares in a series of thirty-three (33) successive equal monthly installments upon Optionee's completion of each additional month of Service over the thirty-three (33)-month period measured from three month anniversary of the Vesting Commencement Date. In no event shall the Option become exercisable for any additional Option Shares after Optionee's cessation of Service. Optionee understands and agrees that the Option is subject to the terms and conditions of the Stock Option Agreement attached hereto as Exhibit A and agrees to be bound by those terms and conditions.
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Examples of Date Exercisable in a sentence

  • Optionee: Grant Date: Exercise Price per Share: Number of Option Shares: Expiration Date: Type of Option: Date Exercisable: Vesting Schedule: Part II of this Agreement is attached hereto and incorporated herein for all purposes.

  • Portion of Option Vesting Date Exercisable First Anniversary of Date of Grant 25% Second Anniversary of Date of Grant 50% Third Anniversary of Date of Grant 75% Fourth Anniversary of Date of Grant 100% If Employee does not purchase in any one year the full number of shares of Common Stock of the Company to which he/she is entitled under this Option, he/she may, subject to the terms and conditions of Section 3, purchase such shares of Common Stock in any subsequent year during the term of this Option.

  • The Option granted hereby shall vest and be exercisable as follows: Amount Date Vested* Date Exercisable* insert 10/1/04 10/1/04 1/1/05 1/1/05 4/1/05 4/1/05 7/1/05 7/1/05 10/1/05 10/1/05 1/1/06 1/1/06 4/1/06 4/1/06 7/1/06 7/1/06 * illustrative of typical vesting schedule, where options vest quarterly over two years.

  • Option shall become vested and exercisable in installments as set forth below: Number of Shares Date Exercisable ---------------- ---------------- After the Option becomes exercisable, it may thereafter be exercised, as to the number of shares becoming exercisable, at any time and from time to time until ten (10) years after the effective date hereof, or for such other period set forth in Paragraph 5 hereof.

  • Date Exercisable: October 1, 2005 (Date on which the Option Shares first become vested.) Vesting Schedule: Shares 250 On Vest Date October 1, 2005 December 7, 2014 750 Monthly October 1, 2008 December 7, 2014 Vesting Schedule: The Option Shares shall be unvested.

  • The Options are exercisable as follows: ------------------ Number of Shares Date Exercisable ---------------- ---------------- 500 May 1, 2001 The Options shall remain exercisable, subject to the provision of this Option Agreement, until the expiration of the term of this Option as set forth in Paragraph 3 or until other termination of the option.

  • The Option shall become vested and exercisable on the following dates, if the Grantee is employed by, or providing service to, the Employer (as defined in the Plan) on the applicable vesting date (each, a “Vesting Date”): Shares for Which the Option is Vesting Date Exercisable on the Vesting Date [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] The vesting and exercisability of the Option is cumulative, but shall not exceed 100% of the Shares subject to the Option.

  • The Option shall become exercisable on the following dates, if the Grantee is employed by, or providing service to, the Company (as defined in the Plan) on the applicable date (each, a “Vesting Date”):Shares for Which the Option isVesting Date Exercisable as of Vesting DateApril 21, 2011 5,000April 21, 2012 5,000 The exercisability of the Option is cumulative, but shall not exceed 100% of the Shares subject to the Option.

  • This Option shall become exercisable according to the following schedule: Number of Shares Date Exercisable Once the Option becomes exercisable to the extent of one hundred percent (100%) of the aggregate number of shares specified in Paragraph 1, Optionee may continue to exercise this Option under the terms and conditions of this Agreement until the termination of the Option as provided herein.

  • The options granted pursuant to this Grant shall not be immediately exercisable, but shall be exercisable according to the following schedule: Number of Option Shares Date Exercisable ----------------------- ---------------- 2,500 April 30, 2003 2,500 April 30, 2004 2,500 April 30, 2005 2,500 April 30, 2006 No portion of this Grant shall be exercisable after the sixth anniversary of the Grant Date.


More Definitions of Date Exercisable

Date Exercisable. The Option shall become exercisable with respect to, (i) eight and one-third percent (81/3%) of the Option Shares upon Optionee's completion of three (3) months of Service measured from the Vesting Commencement Date and (ii) the balance of the Option Shares in a series of thirty-three (33) successive equal monthly installments upon Optionee's completion of each additional month of Service over the thirty-three (33)-month period measured from three month anniversary of the Vesting Commencement Date. In no event shall the Option become exercisable for any additional Option Shares after Optionee's cessation of Service. Optionee understands and agrees that the Option is subject to the terms and conditions of the Stock Option Agreement attached hereto as Exhibit A and agrees to be bound by those terms and conditions. Optionee further understands and agrees that any Option Shares purchased under the Option will be subject to the terms set forth in the Stock Purchase Agreement attached hereto as Exhibit B.
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Date Exercisable. The Option shall become exercisable in a series of successive equal monthly installments upon the Optionee's completion of each month of service following the Vesting Commencement Date
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Date Exercisable. This Option may be exercised, in whole or in part, for 26,923 of the Shares subject to this Option at any time after the Grant Date; for 76,923 of the Shares subject to this Option at any time after December 31, 1999; and for 26,154 of the Shares subject to this Option at any time after December 31, 2000. Vesting Commencement Date: April 6, 1999
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Date Exercisable is accelerated as a result of the attainment of the above objectives under the Vesting Schedule, all or a portion of this Option may be deemed a Non-Statutory Stock Option. Expiration Date: April 5, 2009 By your signature and the signature of the Company's representative below, you and the Company agree that this Option is granted under and governed by the terms and conditions of the 1998 Stock Plan (the "Plan"), this Stock Option Agreement, the Stock Purchase Agreement and the Buy-Sell Provisions attached to the Stock Purchase Agreement. Any terms not defined herein are defined in the Plan. OPTIONEE: IC GLOBAL SERVICES, INC.: /s/ Xxxxx X Xxxxxx By: /s/ Xxxxxx X. Xxxxxxxxxx --------------------------- ------------------------------------ Xxxxx X Xxxxxx Title: Chairman and Chief --------------------------- --------------------------------- Print Name Strategic Officer ----------------- (1) EXAMPLE: Let's assume the following: (1) the exchange ratio in the Corporate Transaction is .5; (2) the Corporate Transaction valued the value of the Company by referring to the closing price of the acquiring corporation's securities on the date of the closing of the Corporate Transaction and that closing price is equal to $40/share. Thus, the value of each Share of the Company is valued at $20/share ($40(.5)) at the closing of the Corporate Transaction, and the Unvested Repurchase Right lapses as to 97,500 Shares subject to this Option. The remaining 32,500 Shares become vested if the acquiring corporation's securities trade for a 20-day period at a price of at least $44/share. THIS OPTION AND THE SECURITIES WHICH MAY BE PURCHASED UPON EXERCISE OF THIS OPTION HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH THE SALE OR DISTRIBUTION THEREOF. NO SALE, TRANSFER OR DISTRIBUTION OF THIS OPTION OR THE SECURITIES WHICH MAY BE PURCHASED UPON EXERCISE OF THIS OPTION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATING THERETO OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED. THE SHARES WHICH MAY BE PURCHASED UPON EXERCISE OF THIS OPTION MAY BE TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF A STOCK PURCHASE AGREEMENT, A COPY OF WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY, TO BE ENTERED INTO BETWEEN OPTIONEE AND THE COMPANY AS A CONDITION TO THE EXERCISE OF THIS OPTION. IC GLOBAL SERVICES, INC. STOCK OPTION AGR...
Sample 1

Related to Date Exercisable

  • Aggregate Exercise Price means, in connection with the exercise of this Warrant at any time, an amount equal to the product obtained by multiplying (i) the Exercise Price times (ii) the number of shares of Common Stock for which this Warrant is being exercised at such time.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Make-Whole Exercise Solely for purposes of this Section 6.2, the “Redemption Fair Market Value” shall mean the volume weighted average price of the Ordinary Shares for the ten (10) trading days immediately following the date on which notice of redemption pursuant to this Section 6.2 is sent to the Registered Holders. In connection with any redemption pursuant to this Section 6.2, the Company shall provide the Registered Holders with the Redemption Fair Market Value no later than one (1) Business Day after the ten (10) trading day period described above ends. Redemption Date Redemption Fair Market Value of Class A ordinary shares (period to expiration of warrants) <10.00 11.00 12.00 13.00 14.00 15.00 16.00 17.00 >18.00 60 months 0.261 0.280 0.297 0.311 0.324 0.337 0.348 0.358 0.361 57 months 0.257 0.277 0.294 0.310 0.324 0.337 0.348 0.358 0.361 54 months 0.252 0.272 0.291 0.307 0.322 0.335 0.347 0.357 0.361 51 months 0.246 0.268 0.287 0.304 0.320 0.333 0.346 0.357 0.361 48 months 0.241 0.263 0.283 0.301 0.317 0.332 0.344 0.356 0.361 45 months 0.235 0.258 0.279 0.298 0.315 0.330 0.343 0.356 0.361 42 months 0.228 0.252 0.274 0.294 0.312 0.328 0.342 0.355 0.361 39 months 0.221 0.246 0.269 0.290 0.309 0.325 0.340 0.354 0.361 36 months 0.213 0.239 0.263 0.285 0.305 0.323 0.339 0.353 0.361 33 months 0.205 0.232 0.257 0.280 0.301 0.320 0.337 0.352 0.361 30 months 0.196 0.224 0.250 0.274 0.297 0.316 0.335 0.351 0.361 27 months 0.185 0.214 0.242 0.268 0.291 0.313 0.332 0.350 0.361 24 months 0.173 0.204 0.233 0.260 0.285 0.308 0.329 0.348 0.361 21 months 0.161 0.193 0.223 0.252 0.279 0.304 0.326 0.347 0.361 18 months 0.146 0.179 0.211 0.242 0.271 0.298 0.322 0.345 0.361 15 months 0.130 0.164 0.197 0.230 0.262 0.291 0.317 0.342 0.361 12 months 0.111 0.146 0.181 0.216 0.250 0.282 0.312 0.339 0.361 9 months 0.090 0.125 0.162 0.199 0.237 0.272 0.305 0.336 0.361 6 months 0.065 0.099 0.137 0.178 0.219 0.259 0.296 0.331 0.361 3 months 0.034 0.065 0.104 0.150 0.197 0.243 0.286 0.326 0.361 0 months — — 0.042 0.115 0.179 0.233 0.281 0.323 0.361 The exact Redemption Fair Market Value and Redemption Date may not be set forth in the table above, in which case, if the Redemption Fair Market Value is between two values in the table or the Redemption Date is between two redemption dates in the table, the number of Ordinary Shares to be issued for each Warrant exercised in a Make-Whole Exercise will be determined by a straight-line interpolation between the number of shares set forth for the higher and lower Redemption Fair Market Values and the earlier and later redemption dates, as applicable, based on a 365- or 366-day year, as applicable. The share prices set forth in the column headings of the table above shall be adjusted as of any date on which the number of shares issuable upon exercise of a Warrant or the Warrant Price is adjusted pursuant to Section 4 hereof. In the event of a Warrant Price adjustment pursuant to Section 4.3, the adjusted share prices in the column headings shall equal the share prices immediately such adjustment, multiplied by a fraction, the numerator of which is the Warrant Price after such adjustment and the denominator of which is the Warrant Price immediately after such adjustment. In such an event, the number of shares in the table above shall be adjusted by multiplying such share amounts by a fraction, the numerator of which is the number of shares deliverable upon exercise of a Warrant immediately prior to such adjustment and the denominator of which is the number of shares deliverable upon exercise of a Warrant as so adjusted. If the Warrant Price is adjusted pursuant to Section 4.4, the adjusted share prices set forth in the column headings of the table above shall be multiplied by a fraction, the numerator of which is the higher of the Market Value and the Newly Issued Price and the denominator of which is $10.00. In no event will the number of shares issued in connection with a Make-Whole Exercise exceed 0.361 Ordinary Shares per Warrant (subject to adjustment).

  • Automatic Exercise Date means, with respect to an Option or a Stock Appreciation Right, the last business day of the applicable Option Term or Stock Appreciation Right Term that was initially established by the Administrator for such Option or Stock Appreciation Right (e.g., the last business day prior to the tenth anniversary of the date of grant of such Option or Stock Appreciation Right if the Option or Stock Appreciation Right initially had a ten-year Option Term or Stock Appreciation Right Term, as applicable).

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Initial Exercise Date means the date hereof.

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • SAR means a stock appreciation right granted under the Plan.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Date of Exercise means the date on which the Company shall have received (i) this Warrant (or any New Warrant, as applicable), with the Form of Election to Purchase attached hereto (or attached to such New Warrant) appropriately completed and duly signed, and (ii) payment of the Exercise Price for the number of Warrant Shares so indicated by the holder hereof to be purchased.

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • SARS means the South African Revenue Service.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • Grant Date means the date on which the Committee adopts a resolution, or takes other appropriate action, expressly granting an Award to a Participant that specifies the key terms and conditions of the Award or, if a later date is set forth in such resolution, then such date as is set forth in such resolution.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • Free-Standing Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is not granted in tandem with an Option Right.

  • Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.

  • Vest means to become exercisable or to otherwise obtain ownership rights in an award.