Conditions of Exercise. Subject to the provisions of the Plan and this Agreement, the Option shall be fully vested at all times and shall become exercisable as to 1/30th of the shares of Common Stock subject to the Option on the first calendar day of each of the 30 months following the Date of Grant.
Appears in 3 contracts
Sources: Nonqualified Stock Option Agreement (Newcastle Investment Corp), Nonqualified Stock Option Agreement (Newcastle Investment Corp), Nonqualified Stock Option Agreement (Newcastle Investment Corp)
Conditions of Exercise. Subject to the provisions of the Plan and this Agreement, the Option shall be fully vested at all times and shall become exercisable as to 1/30th of the shares of Common Stock subject to the Option Shares on the first calendar day of each of the 30 thirty (30) months following the Date of Grant.
Appears in 3 contracts
Sources: Share Option Agreement (FTAI Finance Holdco Ltd.), Share Option Agreement (Fortress Transportation & Infrastructure Investors LLC), Nonqualified Stock Option Agreement (New Media Investment Group Inc.)