Duration of Exercisability. The Vesting Schedule is cumulative. Any portion of the Option which vests and becomes exercisable will remain vested and exercisable until the Option expires. The Option will be forfeited immediately upon its expiration.
Appears in 9 contracts
Sources: Employment Agreement (Maravai Lifesciences Holdings, Inc.), Employment Agreement (Maravai Lifesciences Holdings, Inc.), Employment Agreement (Beauty Health Co)
Duration of Exercisability. The installments provided for in the Vesting Schedule is are cumulative. Any portion of Each such installment which becomes vested and exercisable pursuant to the Option which vests and becomes exercisable will Vesting Schedule shall remain vested and exercisable until it becomes unexercisable under Section 2.3 below or pursuant to the terms of the Plan. Once the Option expires. The Option will becomes unexercisable, it shall be forfeited immediately upon its expirationimmediately.
Appears in 8 contracts
Sources: Stock Option Agreement (Neumora Therapeutics, Inc.), Stock Option Agreement (Neumora Therapeutics, Inc.), Stock Option Agreement (Neumora Therapeutics, Inc.)
Duration of Exercisability. The installments provided for in the Vesting Schedule is are cumulative. Any portion of Each such installment which becomes vested and exercisable pursuant to the Option which vests and becomes exercisable will Vesting Schedule shall remain vested and exercisable until it becomes unexercisable under Section 2.3 or pursuant to the terms of the Plan. Once the Option expires. The Option will becomes unexercisable, it shall be forfeited immediately upon its expirationimmediately.
Appears in 3 contracts
Sources: Stock Option Agreement (Frontier Group Holdings, Inc.), Stock Option Agreement (Cardiva Medical, Inc.), Stock Option Agreement (Frontier Group Holdings, Inc.)
Duration of Exercisability. The Vesting Schedule is cumulative. Any portion of the Option which vests and becomes exercisable will remain vested and exercisable until the Option expirestermination of the Option. The Option will be forfeited immediately upon its expirationtermination.
Appears in 2 contracts
Sources: Stock Option Award Agreement (3m Co), Stock Option Award Agreement (3m Co)
Duration of Exercisability. The Vesting Schedule vesting schedule is cumulative. Any portion of the Option which vests and becomes exercisable will remain vested and exercisable until the Option expirestermination of the Option. The Option will be forfeited immediately upon its expirationtermination.
Appears in 2 contracts
Sources: Stock Option Award Agreement (Farmer Brothers Co), Stock Option Award Agreement (Farmer Brothers Co)
Duration of Exercisability. The installments provided for in the Vesting Schedule is are cumulative. Any portion of Each such installment which becomes vested and exercisable pursuant to the Option which vests and becomes exercisable will Vesting Schedule shall remain vested and exercisable until it becomes unexercisable under Section 6 or pursuant to the terms of the Plan. Once the Option expires. The Option will or portion thereof becomes unexercisable, it shall be immediately forfeited immediately upon its expirationwithout consideration.
Appears in 1 contract
Sources: Stock Option Award Agreement (Legacy Reserves Inc.)