Exercise Schedule means the schedule set forth in the Grant Notice pursuant to which the option is to become exercisable for the Option Shares in one or more installments over the Optionee’s period of Service.
Exercise Schedule means the exercise schedule specified in the Grant Notice pursuant to which an Option is to become exercisable in a series of instalments over the Option Holder's period of service as an Eligible Employee
Exercise Schedule means the schedule set forth in Paragraph 1 of the Agreement, pursuant to which the option is to vest and become exercisable for the Option Shares in two (2) successive equal annual installments over Optionee’s period of Continuous Service.
Examples of Exercise Schedule in a sentence
The Vesting and Exercise Schedule is cumulative, meaning that to the extent the Option has not already been exercised and has not expired or been terminated or cancelled, you or the person otherwise entitled to exercise the Option as provided in this Agreement may at any time purchase all or any portion of the Shares subject to the vested portion of the Option.
This Option will vest and become exercisable as to the number of Shares and on the dates specified in the Vesting and Exercise Schedule on the cover page to this Agreement, so long as your Service to the Company does not end.
This option shall become exercisable for the Option Shares in one or more installments in accordance with the Exercise Schedule set forth in the Grant Notice.
The Vesting and Exercise Schedule is cumulative, meaning that to the extent the Option has not already been exercised and has not expired, terminated or been cancelled, you or the person otherwise entitled to exercise the Option as provided in this Agreement may at any time purchase all or any portion of the Shares that may then be purchased under that Schedule.
This Option may be exercised in full (notwithstanding the Exercise Schedule) under the circumstances described in Section 8 of this Agreement if it has not expired prior thereto.
More Definitions of Exercise Schedule
Exercise Schedule means the schedule set forth in the Stock Option Agreement for the Option, pursuant to which the Option is to vest and become exercisable for the Option Shares in a series of installments over Optionee's period of employment with the Corporation. EXPIRATION DATE shall mean the expiration date of the ten (10)-year term of the Option. OPTION SHARES shall mean the shares of the Corporation's Common Stock subject to the Option in question.
Exercise Schedule. Except as otherwise provided in Section 2.2 -------- of the Agreement and in Section 6.8 of the KPMG Consulting, Inc. 2000 Long-Term Incentive Plan (the "Plan"), the Option shall become exercisable (i) on ---- the first anniversary of the Option Date with respect to 33-1/3% of the number of shares subject thereto on the Option Date, (ii) on the second anniversary of the Option Date with respect to an additional 33-1/3% of the number of shares subject thereto on the Option Date, and (iii) on the third anniversary of the Option Date with respect to the remaining 33-1/4% of the number of shares subject thereto on the Option Date.
Exercise Schedule. The Shares shall vest as follows:
(i) One-fourth of the Shares covered by this Option shall become vested on each anniversary of the Grant Date, provided that the Awardee is in the employ of the Company on such anniversary of the Grant Date.
(ii) Notwithstanding the foregoing, in the event that, while the Awardee is employed by the Company, the Company consummates a Change in Control, and Awardee’s employment is terminated without Cause (as defined in the Employment Agreement) or the Awardee resigns for Good Reason (as defined in the Employment Agreement) upon or within six (6) months following the date of such Change in Control, the Shares covered by this Option, to the extent not fully vested and exercisable by the date on which such termination of employment occurs, will become vested and exercisable upon such termination of employment. /s/ TT (Initials) Xxxxxx X. Xxxxxxx /s/ AS (Initials) Company Signatory THIS RESTRICTED SHARE UNIT AWARD AGREEMENT (the “RSU Agreement”) is entered into on the date set forth in Exhibit A (the “Grant Date”) by and between DILIGENT BOARD MEMBER SERVICES, INC., a Delaware corporation (the “Company”), and XXXXXX X. XXXXXXX (the “Awardee”).
Exercise Schedule. This option shall vest and become exercisable according to the following schedule: Period From Portion of Total Option Date of Grant That is Exercisable ------------------ ----------------------- Less than one year None One year 25% After one year, options vest monthly at the rate of an additional 1/48 of the total option so that at: Two years 50% Three years 75% Four years 100% How to Exercise. To exercise this option in whole or in part (usually, a minimum of 100 shares) at least one full business day prior to the date you wish to exercise the option you must deliver to the Company a written notice of exercise and the exercise price, in cash or by check, for the number of shares you desire to purchase. You also may pay through irrevocable instructions to a stock broker to deliver the amount of sales proceeds necessary to pay the exercise price in accordance with applicable governmental regulations. You also must execute such other documents as the Company may request. You should contact the Company in advance when you are considering an exercise of this option.
Exercise Schedule. One Hundred percent (100%) of the Options subject to this Agreement shall first be exercisable on August 10, 2000 (the date one (1) year after the Date of Grant specified above to be treated as a qualified option.)
Exercise Schedule means the installment schedule specified in the Grant Notice pursuant to which the option is to become exercisable for the Option Shares in a series of installments over Optionee’s period of Service.
Exercise Schedule. The Option shall not be exercisable and the Option Shares shall not be vested until a Triggering Event (as defined below) has occurred. If no Triggering Event has occurred by the third anniversary of the Vesting Commencement Date, then the Option Shares shall remain unvested and unexercisable and the Option shall terminate. If a Triggering Event occurs by the third anniversary of the Vesting Commencement Date, however, Optionee shall acquire a vested interest in, and the Option shall become exercisable with respect to, all of the Option Shares.