Common use of Earned Options Clause in Contracts

Earned Options. On 1/15 and 2/15, Employee vests in 200 Options (100 from each Grant) on each regularly scheduled vesting date without condition of release or restriction on exercise because Employee remained employed through the scheduled vesting date.

Appears in 2 contracts

Sources: Separation & General Release of Claims Agreement (Verisign Inc/Ca), Separation & General Release of Claims Agreement (Verisign Inc/Ca)