Exercisability Schedule Clause Example with Variations from Business Contracts

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 as follows: [_________________________________________], so long as the Optionee remains an employee or other... service provider (including a consultant) of the Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) * Max. of $100,000 per yr. dates. 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. Further, to the extent this Stock Option and any other incentive stock options of the Optionee having an aggregate Fair Market Value in excess of $100,000 (determined as of the Grant Date) first become exercisable in any year, such options will not qualify as incentive stock options. View More

Exercisability Schedule. No portion of this Stock Option Appreciation Right may be exercised until such portion shall have become vested and 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 Appreciation Right shall be exercisable with respect to the following number of Option Shares on the dates indicated as follows: __________________________, so long as the Optionee Grantee remains an employee of the Company or in a Subsidiary Service Relationship on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) * Max. of $100,000 per yr. dates. Once exercisable, this Stock Option Appreciation Right 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

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become vested and exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined described in Section 2 of the Plan) to accelerate the vesting or exercisability schedule hereunder, this Stock Option shall be vested and exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee continuously remains an employee of the Company... or a Subsidiary on through such dates: Incremental Number of Option ofOption Shares Exercisable* Exercisable1 Exercisability Date _____________ ___________ (___%) _____________ ___________ (___%) _____________ ___________ (___%) _____________ ___________ (___%) _____________ ___________ (___%) * Max. 1 As explained in Section 5(f) of $100,000 per yr. the Plan, to the extent the aggregate Fair Market Value (determined as of the Grant Date) of the shares of Stock with respect to which this Stock Option becomes exercisable for the first time by the Optionee during any calendar year exceeds $100,000, the portion of this Award in excess of such limit will be treated as a Non-Qualified Stock Option and will be taxable upon exercise. Once vested and 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

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 continues to have a Service Relationship with the Company or a... Subsidiary on such dates: Incremental Number of Option 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. Further, to the extent this Stock Option and any other incentive stock options of the Optionee having an aggregate Fair Market Value in excess of 14 $100,000 (determined as of the Grant Date) first become exercisable in any year, such options will not qualify as incentive stock options. View More

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 continues to have a Service Relationship with the Company or a... Subsidiary on such dates: Incremental Number of Option ofOption 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. Further, to the extent this Stock Option and any other incentive stock options of the Optionee having an aggregate Fair Market Value in excess of $100,000 (determined as of the Grant Date) first become exercisable in any year, such options will not qualify as incentive stock options. View More

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 below so long as the Optionee remains an employee of continues to have a Service Relationship with the Company or a... Subsidiary on such dates: Incremental Number of Option ofOption Shares Exercisable* Exercisable Exercisability Date _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) * Max. Notwithstanding the foregoing, in the event of $100,000 per yr. a Sale Event, 100% of the then-outstanding and unvested Option Shares shall immediately be deemed vested and exercisable on the date of such Sale Event; provided, that the Optionee continues to have a Service Relationship with the Company or a Subsidiary until the date of such Sale Event. 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

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 as follows: ____________________________________,1 so long as the Optionee remains an employee of continues to have... a Service Relationship with the Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) * Max. of $100,000 per yr. dates. 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

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 Grantee maintains a Subsidiary Service Relationship... on such dates: dates. Incremental Number of Option ofOption Shares Exercisable* Exercisable Exercisability Date _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) * Max. ____________ 52 If the Grantee is not in a Service Relationship on an Exercisability Date, the Grantee will not earn or be entitled to any pro-rated vesting for any portion of $100,000 per yr. time before an Exercisability Date during which the Grantee was in a Service Relationship, nor will the Grantee be entitled to any compensation for lost vesting. 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. Notwithstanding the foregoing, upon a Sale Event, this Stock Option shall become 100% exercisable. View More

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 1 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 in service as a member of the Company or a Subsidiary Board on such... dates: Incremental Number of Option Shares Exercisable* Exercisable Exercisability Date _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) * Max. of $100,000 per yr. Notwithstanding anything to the contrary herein or in the Plan, all outstanding Option Shares shall become fully exercisable upon a Sale Event. 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

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 dates:Incremental Number ofOption Shares ExercisableExercisability Date_____________ (___%)_________________________ (___%)_________________________ (___%)_________________________ (___%)_________________________ (___%)____________Notwithstanding the foregoing or Sections 3(c) of the Plan, and notwithstanding the provisions of any employment or other agreement between the Optionee and Company or any Subsidiary that is in effect as of the date hereof, in the event of a Sale Event under which this Stock Option Shares Exercisable* Exercisability Date _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) _____________ (___%) * Max. is not assumed or continued by the successor entity in such Sale Event or substituted with a new award of $100,000 per yr. such successor, this Stock Option shall become immediately vested and exercisable in full, whether or not vested and exercisable at such time, subject to the provisions of the Plan, as of the effective time of such Sale Event. 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