Exercisability Schedule Clause Example from Business Contracts

This example Exercisability Schedule clause appears in 5 contracts from 4 companies

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such dates: Incremental Number ofOptio...n Shares Exercisable* Exercisability Date ( %) ( %) ( %) ( %) ( %) * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan. View More
Found in resTORbio, Inc. contract
Akero Therapeutics, Inc. Contracts

2019 Stock Option and Grant Plan, and form of award agreements thereunder (Filed With SEC on June 10, 2019)

Phreesia, Inc. Contracts

2019 Stock Option and Incentive Plan and form of award agreements thereunder (Filed With SEC on July 8, 2019)

resTORbio, Inc. Contracts

Amended and Restated 2018 Stock Option and Incentive Plan and forms of award agreements thereunder (Filed With SEC on March 15, 2022)

2018 Stock Incentive Plan and forms of award agreements thereunder (Filed With SEC on January 16, 2018)

Surface Oncology, Inc. Contracts

Form of Incentive Stock Option Agreement under the Registrants 2018 Stock Option and Incentive Plan (Filed With SEC on March 23, 2018)