Vesting Time of Exercise Contract Clauses (60)

Grouped Into 4 Collections of Similar Clauses From Business Contracts

This page contains Vesting Time of Exercise clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Vesting Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows: a. One-third (1/3) of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the first anniversary of the Date of Grant, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing s...ervices to) the Company or a Subsidiary on that date. b. An additional one-third (1/3) of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the second anniversary of the Date of Grant, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. c. The remaining one-third (1/3) of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the third anniversary of the Date of Grant, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date [Notwithstanding the foregoing, upon the occurrence of a Change in Control, then immediately prior to the effective date of such Change in Control, the total Optioned Shares not previously vested shall thereupon immediately become vested and this Stock Option shall become fully exercisable, if not previously so exercisable.] View More
Found in NanoVibronix, Inc. contract
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Vesting Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, Agreement, the Optioned Shares shall be vested vested, and the Stock Option shall be exercisable as follows: a. One-third One third (1/3) of the total Optioned Shares (rounded down for fractional shares) shall vest and that portion of the Stock Option shall become exercisable on the first anniversary of the Date of Grant, provided the Participant is employed by (or, if Opti...onee has continuously provided services to the Participant is a Contractor Group as an employee, contractor, or an Outside Director, is providing services to) the Company or a Subsidiary on outside director through that date. b. An additional one-third one third (1/3) of the total Optioned Shares (rounded down for fractional shares) shall vest and that portion of the Stock Option shall become exercisable on the second anniversary of the Date of Grant, provided the Participant is employed by (or, if Optionee has continuously provided services to the Participant is a Contractor Group as an employee, contractor, or an Outside Director, is providing services to) the Company or a Subsidiary on outside director through that date. 3 c. The remaining one-third (1/3) of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the third anniversary of the Date of Grant, provided the Participant is employed by (or, if Optionee has continuously provided services to the Participant is a Contractor Group as an employee, contractor, or an Outside Director, is providing services to) the Company or a Subsidiary on outside director through that date [Notwithstanding date. Notwithstanding the foregoing, upon in the occurrence of event that (i) a Change in Control, then immediately prior to the effective date Control occurs, one hundred percent (100%) of such Change in Control, the total Optioned Shares not previously vested shall thereupon immediately become fully vested on the closing date of such Change in Control, provided that the Optionee has continuously provided services to the Group as an employee, contractor, or outside director through such date, or (ii) the Optionee incurs a Termination of Service (x) by the Company without Cause, or (y) by the Optionee for Good Reason, fifty percent (50%) of the total Optioned Shares not previously vested shall thereupon immediately become fully vested and this Stock Option shall become fully exercisable, if not previously so exercisable.] exercisable on the date of such Termination of Service, as applicable. View More
Found in InspireMD, Inc. contract
Vesting Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows: a. One-third (1/3) One forty-eighth (1/48) of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the first one-month anniversary of the Date of Grant, provided the Participant is employed by (or, if the Participant is a Contractor or a...n Outside Director, is providing services to) the Company or a Subsidiary on that date. b. An additional one-third (1/3) one forty-eighth (1/48) of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the second each monthly anniversary of the Date of Grant, Grant thereafter, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. c. The remaining one-third (1/3) of In the total Optioned Shares shall vest and event that portion of the Stock Option shall become exercisable on the third anniversary of the Date of Grant, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date [Notwithstanding the foregoing, upon the occurrence of a Change in Control, then immediately prior to the effective date Control occurs, (i) fifty percent (50%) of such Change in Control, the total Optioned Shares not previously vested shall thereupon immediately become vested and this Stock Option exercisable upon the effective date of the Change in Control and (ii) any remaining Optioned Shares not previously vested shall become fully exercisable, vested and exercisable on the date of the Participant's Termination of Service by the Company without Cause (as defined herein) if not previously so exercisable.] such Termination of Service occurs on or before the first anniversary of the Change in Control's effective date. View More
Found in PHASERX, INC. contract
Vesting Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows: a. One-third (1/3) of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the first anniversary of the Date of Grant, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing s...ervices to) the Company or a Subsidiary on that date. b. An additional one-third (1/3) of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the second anniversary of the Date of Grant, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. c. The remaining one-third (1/3) of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the third anniversary of the Date of Grant, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date date. [Notwithstanding the foregoing, upon the occurrence of a Change in Control, then immediately prior to the effective date of such Change in Control, the total Optioned Shares not previously vested shall thereupon immediately become vested and this Stock Option shall become fully exercisable, if not previously so exercisable.] View More
Found in NanoVibronix, Inc. contract
View Variations (11)
Vesting Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Stock Option shall be vested and exercisable as follows (it being understood that the right to purchase Option Shares shall be cumulative so that the Optionee may purchase on or after any such anniversary and during the remainder of the Option Period those quantifies of Option Shares which the Optionee was entitled to purchase but did not purchase during any preceding p...eriod or periods): With respect to _____ of the total Optioned Shares, the Stock Option shall vest and become exercisable on May 31, 2017 provided the Optionee is continuously employed by (or, if the Optionee is a consultant or an Outside Director, is providing services to) the Company or a Subsidiary from the Date of Grant through that date. With respect to _____ of the total Optioned Shares, the Stock Option shall vest and become exercisable on June 30, 2017 provided the Optionee is continuously employed by (or, if the Optionee is a consultant or an Outside Director, is providing services to) the Company or a Subsidiary from the Date of Grant through that date. With respect to _____ of the total Optioned Shares, the Stock Option shall vest and become exercisable on July 31, 2017 provided the Optionee is continuously employed by (or, if the Optionee is a consultant or an Outside Director, is providing services to) the Company or a Subsidiary from the Date of Grant through that date. With respect to _____ of the total Optioned Shares, the Stock Option shall vest and become exercisable on August 31, 2017 provided the Optionee is continuously employed by (or, if the Optionee is a consultant or an Outside Director, is providing services to) the Company or a Subsidiary from the Date of Grant through that date. With respect to _____ of the total Optioned Shares, the Stock Option shall vest and become exercisable on September 30, 2017 provided the Optionee is continuously employed by (or, if the Optionee is a consultant or an Outside Director, is providing services to) the Company or a Subsidiary from the Date of Grant through that date. With respect to _____ of the total Optioned Shares, the Stock Option shall vest and become exercisable on October 31, 2017 provided the Optionee is continuously employed by (or, if the Optionee is a consultant or an Outside Director, is providing services to) the Company or a Subsidiary from the Date of Grant through that date. View More
Found in SYNTHESIS ENERGY SYSTEMS INC contract
Vesting Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Stock Option shall be vested and exercisable as follows (it being understood that the right to purchase Option Shares shall be cumulative so that the Optionee may purchase on or after any such anniversary and during the remainder of the Option Period those quantifies of Option Shares which the Optionee was entitled to purchase but did not purchase during any preceding p...eriod or periods): With respect to _____ of the total Optioned Shares, the Stock Option shall vest and become exercisable on May 31, _________, 2016 provided the Optionee is continuously employed by (or, if the Optionee is a consultant or an Outside Director, is providing services to) the Company or a Subsidiary from the Date of Grant through that date. With respect to _____ of the total Optioned Shares, the Stock Option shall vest and become exercisable on _________, 2017 provided the Optionee is continuously employed by (or, if the Optionee is a consultant or an Outside Director, is providing services to) the Company or a Subsidiary from the Date of Grant through that date. With respect to _____ of the total Optioned Shares, the Stock Option shall vest and become exercisable on June 30, 2017 _________, 2018 provided the Optionee is continuously employed by (or, if the Optionee is a consultant or an Outside Director, is providing services to) the Company or a Subsidiary from the Date of Grant through that date. With respect to _____ ______ of the total Optioned Shares, the Stock Option shall vest and become exercisable on July 31, 2017 _________, 2019 provided the Optionee is continuously employed by (or, if the Optionee is a consultant or an Outside Director, is providing services to) the Company or a Subsidiary from the Date of Grant through on that date. With respect to _____ of the total Optioned Shares, the Stock Option shall vest and become exercisable on August 31, 2017 provided the Optionee is continuously employed by (or, if the Optionee is a consultant or an Outside Director, is providing services to) the Company or a Subsidiary from the Date of Grant through that date. With respect to _____ of the total Optioned Shares, the Stock Option shall vest and become exercisable on September 30, 2017 provided the Optionee is continuously employed by (or, if the Optionee is a consultant or an Outside Director, is providing services to) the Company or a Subsidiary from the Date of Grant through that date. With respect to _____ of the total Optioned Shares, the Stock Option shall vest and become exercisable on October 31, 2017 provided the Optionee is continuously employed by (or, if the Optionee is a consultant or an Outside Director, is providing services to) the Company or a Subsidiary from the Date of Grant through that date. View More
Found in SYNTHESIS ENERGY SYSTEMS INC contract
View Variations (2)
Vesting Time of Exercise. a. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and exercisable as follows: i. Over a three (3) year vesting period commencing on the Date of Grant, one-thirty-sixth (1/36) of the total Optioned Shares (rounded down for fractional shares) shall vest and become exercisable on the third (3rd) day of each month during the vesting period, provided that the Participant has continuously p...rovided services to the Company or the Group as an employee, consultant, or outside director through the applicable monthly vesting date. ii. Upon (A) the Participant's death, or (B) the Termination Date (as defined below) if the Participant's termination of employment or service is due to (1) his Disability (as defined below), (2) a termination by the Company without Cause (as defined below), or (3) a termination by the Participant for Good Reason (as defined below), fifty percent (50%) of the total Optioned Shares not previously vested shall thereupon immediately become fully vested and exercisable. iii. Notwithstanding the foregoing, in the event that a Change in Control (as defined below) occurs and during the Change in Control Period (as defined below) (A) the Participant terminates his employment or service for Good Reason, or (B) the Company terminates the Participant's employment or service without Cause, then upon the Termination Date, one hundred percent (100%) of the total Optioned Shares not previously vested shall thereupon immediately become fully vested and exercisable. b. For purposes of this Agreement, the following terms shall have the meanings set forth below: i. "Cause" shall have the meaning set forth in the Employment Agreement, by and between the Company and the Participant, entered into and effective as of January 3, 2013 (the "Employment Agreement"). ii. "Change in Control" shall have the meaning set forth in the Employment Agreement. iii. "Change in Control Period" shall have the meaning set forth in the Employment Agreement. iv. "Disability" shall have the meaning set forth in the Employment Agreement. v. "Good Reason" shall have the meaning set forth in the Employment Agreement. vi. "Termination Date" shall mean the date of the Participant's termination of employment or service with the Company and the Group. View More
Found in InspireMD, Inc. contract
Vesting Time of Exercise. a. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows: i. a. Over a three (3) year (3)-year vesting period commencing on the Date of Grant, one-thirty-sixth (1/36) Grant: i. One third (1/3) of the total Optioned Shares (rounded down for fractional shares) shall vest and that portion of the Stock Option shall become exercisable on the th...ird (3rd) day first anniversary of each month during the vesting period, Date of Grant, provided that the Participant has continuously provided services to the Company Group as an Employee, Contractor, or Outside Director through that date. ii. An additional one third (1/3) of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the second anniversary of the Date of Grant, provided the Participant has continuously provided services to the Group as an employee, consultant, Employee, Contractor, or outside director Outside Director through that date. iii. The remaining one third (1/3) of the applicable monthly vesting total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on the third anniversary of the Date of Grant, provided the Participant has continuously provided services to the Group as an Employee, Contractor, or Outside Director through that date. ii. Upon b. Notwithstanding the foregoing and subject to Section 3(c) below, upon (A) the Participant's death, or (B) the Termination Date (as defined below) if the Participant's termination of employment or service is due to (1) his Disability (as defined below), (2) a termination by the Company without Cause (as defined below), or (3) a termination by the Participant for Good Reason (as defined below), fifty percent (50%) of the total Optioned Shares not previously vested shall thereupon immediately become fully vested and exercisable. iii. exercisable c. Notwithstanding the foregoing, in the event that a Change in Control (as defined below) occurs and during the Change in Control Period (as defined below) (A) the Participant terminates his employment or service for Good Reason, or (B) the Company terminates the Participant's employment or service without Cause, then upon the Termination Date, one hundred percent (100%) of the total Optioned Shares not previously vested shall thereupon immediately become fully vested and exercisable. b. d. For purposes of this Agreement, the following terms shall have the meanings set forth below: i. "Cause" shall have the meaning set forth in the Employment Agreement, by and between the Company and the Participant, entered into and effective as of January 3, 2013 July 14, 2014 (the "Employment Agreement"). ii. "Change in Control" shall have the meaning set forth in the Employment Agreement. iii. "Change in Control Period" shall have the meaning set forth in the Employment Agreement. iv. "Disability" shall have the meaning set forth in the Employment Agreement. v. "Good Reason" shall have the meaning set forth in the Employment Agreement. vi. "Termination Date" shall mean the date of the Participant's termination of employment or service with the Company and the Group. View More
Found in InspireMD, Inc. contract
View Variations (2)
Vesting Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows: a. _______________________ of the total Optioned Shares shall vest and that portion of the Stock Option shall be exercisable on the Date of Grant. b. _______________________ of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on _______...___________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. c. _______________________ of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on __________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. d. _______________________ of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on __________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. [In the event that a Change in Control occurs, then immediately prior to the effective date of such Change in Control, the total Optioned Shares not previously vested shall thereupon immediately become vested and this Stock Option shall become fully exercisable, if not previously so exercisable.] View More
Found in Alliqua BioMedical, Inc. contract
Vesting Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows: 4. a. _______________________ __% of the total Optioned Shares shall vest and that portion of the Stock Option shall be exercisable on the Date of Grant. b. _______________________ __% of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable... on __________________, _________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. c. _______________________ __% of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on __________________, _________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. d. _______________________ __% of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on __________________, _________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. [In In the event that a Change in Control occurs, then immediately prior to the effective date of such Change in Control, the total Optioned Shares not previously vested shall thereupon immediately become vested and this Stock Option shall become fully exercisable, if not previously so exercisable.] exercisable. View More
Found in ORAMED PHARMACEUTICALS INC. contract
Vesting Time of Exercise. Except as specifically provided in this Agreement and subject to certain restrictions and conditions set forth in the Plan, the Optioned Shares shall be vested and the Stock Option shall be exercisable as follows: a. _______________________ _________ (____) of the total Optioned Shares shall vest be vested and that portion of the Stock Option shall be exercisable on the Date of Grant. b. _______________________ An additional _________ (____) of the total Optioned Shares shall vest and that porti...on of the Stock Option shall become Shall be exercisable on __________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. __________. c. _______________________ An additional _________ (____) of the total Optioned Shares shall vest and that portion of the Stock Option shall become Shall be exercisable on __________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. d. _______________________ of the total Optioned Shares shall vest and that portion of the Stock Option shall become exercisable on __________________, provided the Participant is employed by (or, if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date. [In the event that a Change in Control occurs, then immediately prior to the effective date of such Change in Control, the total Optioned Shares not previously vested shall thereupon immediately become vested and this Stock Option shall become fully exercisable, if not previously so exercisable.] __________. View More
Found in Alliqua BioMedical, Inc. contract
View Variations (2)