Vesting Exercise Contract Clauses (60)
Grouped Into 1 Collection of Similar Clauses From Business Contracts
This page contains Vesting Exercise clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Vesting Exercise. (a) The Option is fully vested as of the Closing Date. 1 (b) The Option may be exercised by the Participant, in whole or in part, at any time or from time to time prior to the expiration of the Option in accordance with the Plan. Notwithstanding the foregoing, the Participant may not exercise the Option unless the offering of shares of Common Stock issuable upon such exercise (i) is then registered under the Securities Act, or, if such offering is not then so registered, the Company has
... determined that such offering is exempt from the registration requirements of the Securities Act and (ii) complies with all other applicable laws and regulations governing the Option, and the Participant may not exercise the Option if the Committee determines that such exercise would not be so registered or exempt and otherwise in compliance with such laws and regulations. (c) To exercise the Option, unless otherwise directed or permitted by the Committee, the Participant must: (i) execute and deliver to the Company a properly completed Notice of Exercise in the form attached hereto as Exhibit A. (ii) execute and deliver such other documentation as required by the Committee which shall set forth certain restrictions on transferability of the shares of Common Stock acquired upon exercise, a right of first refusal or a right of first offer of the Company and other Persons with respect to shares, and such other terms or restrictions as the Board or Committee shall from time to time establish, including any drag along rights, tag along rights, transfer restrictions and registration rights; (iii) remit the aggregate Exercise Price to the Company in full, payable (A) in cash or by check, bank draft or money order payable to the order of the Company; (B) by means of a "net exercise" whereby the number of shares otherwise deliverable upon exercise is reduced by that number of shares of Common Stock whose aggregate Net Exercise Value (as defined below) is equal to the exercise price; or (C) on such other terms and conditions as may be acceptable to the Committee. "Net Exercise Value" per share of Common Stock means the lesser of (x) the fair market value of the stock underlying the Option as of the exercise date and (y) $1,000.00 (subject to adjustment for any stock splits, stock dividends, recapitalizations or similar transactions); and (iv) pay or provide for all applicable withholding taxes in respect of the exercise of the Option, by (x) remitting the aggregate amount of such taxes to the Company in full, in cash or by check, bank draft or money order payable to the order of the Company, or (y) making arrangements with the Company to have such taxes withheld from other compensation, to the extent permitted by the Committee.
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Vesting Exercise. (a)
The Subject to Section 3(b), the Option
is fully vested as shall vest and become exercisable over a [four-year period commencing on the Vesting Commencement Date, with 25% of the
Closing Date. 1 Option vesting on the one-year anniversary of the Vesting Commencement Date, and the remainder of the Option vesting in 36 equal installments beginning on the date that is the one-month anniversary of such one-year anniversary date, and each one-month anniversary date thereafter; provided, however,... that the Participant has not experienced a Termination prior to each applicable vesting date.] (b) The To the extent that the Option has become vested and exercisable with respect to a number of shares of Common Stock, the Option may thereafter be exercised by the Participant, in whole or in part, at any time or from time to time prior to the expiration of the Option in accordance with the Plan. Notwithstanding the foregoing, the Participant may not exercise the Option unless the offering of shares of Common Stock issuable upon such exercise (i) is then registered under the Securities Act, or, if such offering is not then so registered, the Company has determined that such offering is exempt from the registration requirements of the Securities Act and (ii) complies with all other applicable laws and regulations governing the Option, and the Participant may not exercise the Option if the Committee determines that such exercise would not be so registered or exempt and otherwise in compliance with such laws and regulations. (c) To exercise the Option, unless otherwise directed or permitted by the Committee, the Participant must: (i) execute and deliver to the Company a properly completed Notice of Exercise in the form attached hereto as Exhibit A. I. (ii) execute and deliver such other documentation as required by the Committee (including, without limitation, the Stockholder Agreements) which shall may set forth certain restrictions on transferability of the shares of Common Stock acquired upon exercise, a right of first refusal or a right of first offer of the Company and other Persons with respect to shares, and such other terms or restrictions as the Board or Committee shall may from time to time establish, including any drag along rights, tag along rights, transfer restrictions and registration rights; rights, and (iii) remit the aggregate Exercise Price to the Company in full, payable (A) in cash or by check, bank draft or money order payable to the order of the Company; or (B) by means of a "net exercise" whereby the number of shares otherwise deliverable upon exercise is reduced by that number of shares of Common Stock whose aggregate Net Exercise Value (as defined below) is equal to the exercise price; or (C) on such other terms and conditions as may be acceptable to the Committee. "Net Committee (including, without limitation, making arrangements with the Company to have such Exercise Value" per share of Common Stock means Price withheld from other compensation). (d) In addition, unless otherwise directed or permitted by the lesser of (x) Committee, the fair market value of the stock underlying the Option as of the exercise date and (y) $1,000.00 (subject to adjustment for any stock splits, stock dividends, recapitalizations or similar transactions); and (iv) Participant must pay or provide for all applicable withholding taxes in respect of the exercise of the Option, by (x) (i) remitting the aggregate amount of such taxes to the Company in full, in cash or by check, bank draft or money order payable to the order of the Company, or (y) (ii) making arrangements with the Company to have such taxes withheld from other compensation, to the extent permitted by the Committee.
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Vesting Exercise. (a) The Option
is fully vested as shall vest and become exercisable: (i) with respect to 25% of the
Closing Date. 1 shares of Common Stock underlying the Option, on the date of the first anniversary of the Grant Date; and (ii) with respect to the remaining shares of Common Stock underlying the Option, in equal monthly installments thereafter, such that 100% of the Option will have become vested on the date of the fourth anniversary of the Grant Date; provided, with respect to each vesting date,... that the Participant has not experienced a Termination prior to such date. There shall be no proportionate or partial vesting in the periods prior to each vesting date. (b) The Subject to Section 3(e), to the extent that the Option has become vested and exercisable with respect to a number of shares of Common Stock, the Option may thereafter be exercised by the Participant, in whole or in part, at any time or from time to time prior to the expiration of the Option in accordance with the Plan. Notwithstanding Plan; provided, however, unless otherwise permitted by the foregoing, the Participant may not exercise Committee, the Option unless the offering of shares of Common Stock issuable upon such exercise (i) is then registered under the Securities Act, or, if such offering is not then so registered, the Company has determined that such offering is exempt from the registration requirements of the Securities Act and (ii) complies with all other applicable laws and regulations governing the Option, and the Participant may not exercise the Option if the Committee determines that such exercise would not only be so registered or exempt and otherwise in compliance with such laws and regulations. exercised within a Quarterly Exercise Period. (c) To exercise the Option, unless otherwise directed or permitted by the Committee, the Participant must: (i) execute and deliver to the Company a properly completed Notice of Exercise in the form attached hereto as Exhibit A. (ii) execute and deliver such other documentation as required by this Agreement or otherwise by the Committee which shall set Committee, setting forth the terms of the exercise, certain restrictions on transferability of the shares of Common Stock acquired upon exercise, a right of first refusal or a right of first offer of the Company and other Persons with respect to shares, and such other terms or restrictions as the Board or Committee shall from time to time establish, including any rights of first refusal, drag along rights, tag along rights, transfer restrictions and registration rights; (iii) and (ii) remit the aggregate Exercise Price to the Company in full, payable in the manner determined by the Company from time to time in its sole discretion: (A) in cash or by check, bank draft or money order payable to the order of the Company; (B) by means of a "net exercise" whereby under which the number of shares otherwise deliverable upon exercise is reduced by that Company reduces the number of shares of Common Stock whose issued upon exercise by the number of shares of Common Stock with an aggregate Net Fair Market Value that equals the aggregate Exercise Value (as defined below) is equal to Price of all shares of Common Stock being exercised under the exercise price; Option; or (C) on such other terms and conditions as may be acceptable to the Committee. "Net Exercise Value" per share (d) If at any time counsel to the Company shall be of the opinion that any sale or delivery of shares of Common Stock means the lesser of (x) the fair market value of the stock underlying the Option as of the exercise date and (y) $1,000.00 (subject pursuant to adjustment for any stock splits, stock dividends, recapitalizations or similar transactions); and (iv) pay or provide for all applicable withholding taxes in respect of the exercise of the Option, Option is or may in the circumstances constitute a violation by (x) remitting the aggregate amount of such taxes to Participant or the Company of any provisions of any law or of any regulations of any governmental authority or result in full, in cash or by check, bank draft or money order payable to the order imposition of the Company, or (y) making arrangements with excise taxes on the Company under the statutes, rules or regulations of any applicable jurisdiction, the Company shall have no obligation to have make such sale or delivery, or to make any application or to effect or to maintain any qualification or registration under the Securities Act or otherwise with respect to shares of Common Stock, and the right to exercise the Option shall be suspended until, in the opinion of said counsel, such sale or delivery will not result in the violation of any provisions of any law or of any regulation of any governmental authority or imposition of excise taxes withheld from other compensation, to on the extent permitted by the Committee. Company.
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Vesting Exercise. (a) The Option
is fully vested as shall vest and become exercisable on the dates and in the cumulative percentages provided in the table below, provided, with respect to each vesting date, that the Participant has not experienced a Termination prior to such date. There shall be no proportionate or partial vesting in the periods prior to each vesting date. 1 Vesting Date Percent Vested Grant Date [•] % First Anniversary of Grant Date [•] % Second Anniversary of Grant Date [•] % Third Anniversary... of Grant Date [•] % Fourth Anniversary of Grant Date [•] % Fifth Anniversary of the Closing Date. 1 Grant Date [•] % (b) The To the extent that the Option has become vested and exercisable with respect to a number of shares of Common Stock, the Option may thereafter be exercised by the Participant, in whole or in part, at any time or from time to time prior to the expiration of the Option in accordance with the Plan. Notwithstanding the foregoing, the Participant may not exercise the Option unless the offering of shares of Common Stock issuable upon such exercise (i) is then registered under the Securities Act, or, if such offering is not then so registered, the Company has determined that such offering is exempt from the registration requirements of the Securities Act and (ii) complies with all other applicable laws and regulations governing the Option, and the Participant may not exercise the Option if the Committee determines that such exercise would not be so registered or exempt and otherwise in compliance with such laws and regulations. (c) To exercise the Option, unless otherwise directed or permitted by the Committee, the Participant must: (i) execute and deliver to the Company a properly completed Notice of Exercise in the form attached hereto as Exhibit A. (ii) execute and deliver such other documentation as required by the Committee which shall set forth certain restrictions on transferability of the shares of Common Stock acquired upon exercise, a right of first refusal or a right of first offer of the Company and other Persons with respect to shares, and such other terms or restrictions as the Board or Committee shall from time to time establish, including any drag along rights, tag along rights, transfer restrictions and registration rights; rights, and (iii) remit the aggregate Exercise Price to the Company in full, payable (A) in cash or by check, bank draft or money order payable to the order of the Company; or (B) by means of a "net exercise" whereby the number of shares otherwise deliverable upon exercise is reduced by that number of shares of Common Stock whose aggregate Net Exercise Value (as defined below) is equal to the exercise price; or (C) on such other terms and conditions as may be acceptable to the Committee. "Net Exercise Value" per share of Common Stock means (d) In addition, unless otherwise directed or permitted by the lesser of (x) Committee, the fair market value of the stock underlying the Option as of the exercise date and (y) $1,000.00 (subject to adjustment for any stock splits, stock dividends, recapitalizations or similar transactions); and (iv) Participant must pay or provide for all applicable withholding taxes in respect of the exercise of the Option, by (x) (i) remitting the aggregate amount of such taxes to the Company in full, in cash 2 or by check, bank draft or money order payable to the order of the Company, or (y) (ii) making arrangements with the Company to have such taxes withheld from other compensation, to the extent permitted by the Committee.
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