Exercisability of Option. Unless otherwise provided in this Agreement or the Plan, this Option shall entitle the Participant to purchase, in whole at any time or in part from time to time, to the extent the Option is vested in accordance with the vesting schedule herein, the Shares subject to this Option, and each such right of purchase shall be cumulative and shall continue, unless sooner exercised or terminated as herein provided, during the remaining Option Period.
Exercisability of Option. No portion of the Option granted to Grantee shall be exercisable by Grantee prior to the time such portion of the Option has vested.
Exercisability of Option. As to the total number of Shares with respect to which the Option is granted, the Option shall be exercisable [on and after the first anniversary of the Grant Date] [as follows: (i) _____% of the Option in the aggregate may be exercised on or after __________; (ii) _____% of the Option in the aggregate may be exercised on or after __________; (iii) . . .] However, the right of Optionee to exercise the Option shall be deferred to the extent that the Option otherwise would not be treated as a qualified incentive stock option by reason of the $100,000 annual limitation under Section 422(d) of the Internal Revenue Code of 1986, as amended (the "Code").
Exercisability of Option. This Option shall be exercisable during its term as follows:
Exercisability of Option. Subject to the terms of the Plan, Options may be exercised in whole or in part at any time following such time as such Option vests. The latest date on which an Option may be exercised (the “Final Exercise Date”) is the date which is the tenth anniversary of the Grant Date, subject to earlier termination in accordance with the terms and provisions of the Plan and this Agreement. For the avoidance of doubt the Option may only be exercised for whole Units and not any individual component shares thereof.
Exercisability of Option. The Option Shares subject to the Option shall become purchasable beginning at any time and from time to time beginning on the date hereof and for a period of 60 months thereafter, and after the expiration date (the "Expiration Date"), this option and all rights hereunder shall expire and any Option Shares not purchased on or before the Expiration Date may not thereafter be purchased hereunder. In the event Optionee fails to exercise the option on or prior to the Expiration Date, then the Option as to all Option Shares not exercised shall expire and Optionee shall have no rights with respect to such remainder of the Option or the Option Shares.
Exercisability of Option. Subject to the terms and conditions set forth in this Agreement and the Plan, the Option granted hereby shall become exercisable as follows:
Exercisability of Option. Subject to the terms and conditions set forth in this Agreement and the Plan, the Option granted hereby shall become exercisable as follows: On the first anniversary of the date of this Agreement up to _________ Shares On the second anniversary of the date of this Agreement an additional _________ Shares On the third anniversary of the date of this Agreement an additional _________ Shares On the fourth anniversary of the date of this Agreement an additional _________ Shares The foregoing rights are cumulative and are subject to the other terms and conditions of this Agreement and the Plan.
Exercisability of Option. (a) This Option is immediately exercisable and shall expire in accordance with this Section 1.3 and the Plan, but in all events, and notwithstanding anything herein to the contrary, on the tenth anniversary of the date of this Award Agreement.
Exercisability of Option. Subject to the terms and conditions set forth in this Agreement and the Plan, the Option granted hereby shall become vested and exercisable as set forth in the Stock Option Grant Notice and is subject to the other terms and conditions of this Agreement and the Plan.
