Duration of Exercisability. The Option shall become vested and exercisable for the shares of Stock in one or more installments as specified in Section 3.1, subject to acceleration as provided in Section 3.2 or Section 3.5, the Country-Specific Terms, as applicable, or pursuant to the Plan, or any other Written Agreement between the Company and Participant. Each such installment that becomes vested and exercisable shall remain vested and exercisable until it becomes unexercisable under Section 3.4 or Section 3.5, as applicable.
Appears in 5 contracts
Sources: Non Qualified Stock Option Grant Agreement, Non Qualified Stock Option Grant Agreement, Non Qualified Stock Option Grant Agreement (Allergan Inc)