Common use of Exercisability Schedule Clause in Contracts

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator to accelerate the exercisability schedule hereunder, this Stock Option shall become exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: _____________ _____________ (25%) _____________ (25%) _____________ _____________ (25%) _____________ (50%) _____________ _____________ (25%) _____________ (75%) _____________ _____________ (25%) _____________ (100%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions of this Agreement and the Plan.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Alere Inc.), Incentive Stock Option Agreement (Alere Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator Committee (as described in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: _____________ (_____________ (25%) _____________ (25%) _____________ _____________ (25%) _____________ (50%) _____________ _____________ (25%) _____________ (75%) _____________ _____________ (25___%) _____________ (100%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Ansys Inc), Non Qualified Stock Option Agreement (Ansys Inc)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator Committee (as described in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: ______________ ( %) ______________ ______________ (25( %) _____________ (25%) _____________ ______________ (25( %) _____________ (50%) _____________ ______________ (25( %) _____________ (75%) _____________ _____________ (25%) _____________ (100%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Ansys Inc)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: __________________ (___%) __________________ __________________ (25___%) _____________ (25%) _____________ __________________ (25___%) _____________ (50%) _____________ __________________ (25___%) _____________ (75%) _____________ __________________ (25___%) __________________ (100%) * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Animal Health International, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: _____________ _____________ (25( %) _____________ (25( %) _____________ _____________ (25( %) _____________ (50( %) _____________ _____________ (25( %) _____________ (75%) _____________ _____________ (25%) _____________ (100%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Clearview Hotel Trust, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator Committee (as described in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: ____________ ( %) ____________ _____________ (25( %) _____________ (25%) _____________ _____________ (25( %) _____________ (50%) _____________ _____________ (25( %) _____________ (75%) _____________ _____________ (25%) _____________ (100%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Ansys Inc)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator Committee (as described in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: _____________ (_____________ (25%) _____________ (25%) _____________ _____________ (25%) _____________ (50%) _____________ _____________ (25%) _____________ (75%) _____________ _____________ (25___%) _____________ (100%) * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Ansys Inc)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: __________ (20%) __________ _____________ (2520%) _____________ (25%) _____________ _____________ (2520%) _____________ (50%) _____________ _____________ (2520%) _____________ (75%) _____________ _____________ (2520%) _____________ (100%) * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Massbank Corp)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: ___________ (20%) ___________ _____________ (2520%) _____________ (25%) _____________ _____________ (2520%) _____________ (50%) _____________ _____________ (2520%) _____________ (75%) _____________ _____________ (2520%) _____________ (100%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Massbank Corp)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: __________________ (___%) __________________ __________________ (25___%) _____________ (25%) _____________ __________________ (25___%) _____________ (50%) _____________ __________________ (25___%) _____________ (75%) _____________ __________________ (25___%) __________________ (100%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Animal Health International, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator Committee (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the : Incremental Number of Option Shares Exercisable Exercisability Date specified below: _____________ (___%) ____________ _____________ (25%) _____________ (25%) _____________ _____________ (25%) _____________ (50%) _____________ _____________ (25%) _____________ (75%) _____________ _____________ (25___%) _____________ (100%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Dov Pharmaceutical Inc)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: __________ (20%) __________ _____________ (2520%) _____________ (25%) _____________ _____________ (2520%) _____________ (50%) _____________ _____________ (2520%) _____________ (75%) _____________ _____________ (2520%) _____________ (100%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Massbank Corp)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, indicated so long as the Optionee remains in employment a Service Relationship with the Company or a Subsidiary on the such dates: Incremental Number of Option Shares Exercisable Exercisability Date specified below: _____________ _____________ (25___%) _____________ (25%) _____________ _____________ (25%) _____________ (50%) _____________ _____________ (25%) _____________ (75%) _____________ _____________ (25%) _____________ (100___%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Triller Corp.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator Committee (as defined in Section 1 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: _____________ _____________ (25___%) _______________ (25___%) _______________ (___%) _______________ (25___%) _____________ (50%) _____________ _____________ (25%) _____________ (75%) _____________ _____________ (25%) _____________ (100%) * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Monotype Imaging Holdings Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: _____________ _____________ (25%) _____________ (25%) _____________ _____________ (25%) _____________ (50%) _____________ _____________ (25%) _____________ (75%) _____________ _____________ (25%__) _____________ ____________ (100%__) _____________ Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Camden National Corp)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator Committee to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, indicated so long as the Optionee remains in employment with the Company or a Subsidiary an Non-Employee Director on the Exercisability Date specified belowsuch dates: _____________ (___%) ____________ _____________ (25%) _____________ (25%) _____________ _____________ (25%) _____________ (50%) _____________ _____________ (25%) _____________ (75%) _____________ _____________ (25___%) _____________ (100%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (PDL Community Bancorp)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: _____________ (_____________ (25%) _____________ (25%) _____________ _____________ (25%) _____________ (50%) _____________ _____________ (25%) _____________ (75%) _____________ _____________ (25___%) _____________ _____________ (100___%) _____________ * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Elixir Pharmaceuticals, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, indicated so long as the Optionee remains in employment with the Company or a Subsidiary an Employee on the such dates: Incremental Number of Options Shares Exercisable Exercisability Date specified below: _____________ (20%) ____________ _____________ (2520%) _____________ (25%) _____________ _____________ (2520%) _____________ (50%) _____________ _____________ (2520%) _____________ (75%) _____________ _____________ (2520%) _____________ (100%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Ponce Financial Group, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator Committee to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, indicated so long as the Optionee remains in employment with the Company or a Subsidiary an employee on the Exercisability Date specified belowsuch dates: _____________ (___%) ____________ _____________ (25%) _____________ (25%) _____________ _____________ (25%) _____________ (50%) _____________ _____________ (25%) _____________ (75%) _____________ _____________ (25___%) _____________ (100%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Qualified Stock Option Agreement (PDL Community Bancorp)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: _________________ ( ) _________________ _________________ (25%( ) _____________ (25%) _____________ _________________ (25%( ) _____________ (50%) _____________ _________________ (25%( ) _____________ (75%) _____________ _________________ (25%( ) _________________ (100%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Camden National Corp)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: _____________ (_____________ (25%) _____________ (25%) _____________ _____________ (25%) _____________ (50%) _____________ _____________ (25%) _____________ (75%) _____________ _____________ (25___%) _____________ _____________ (100___%) _____________ Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Elixir Pharmaceuticals, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator Committee (as defined in Section 1 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: _____________ _____________ (25___%) _______________ (25___%) _______________ (___%) _______________ (25___%) _____________ (50%) _____________ _____________ (25%) _____________ (75%) _____________ _____________ (25%) _____________ (100%) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Monotype Imaging Holdings Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall become be exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: _____________ _____________ (25( %) _____________ (25( %) _____________ _____________ (25( %) _____________ (50( %) _____________ _____________ (25( %) _____________ (75%) _____________ _____________ (25%) _____________ (100%) * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of this Agreement and the Plan.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Clearview Hotel Trust, Inc.)

Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator to accelerate the exercisability schedule hereunder, this Stock Option shall become exercisable with respect to the following number of Option Shares on the dates indicated, so long as the Optionee remains in employment with the Company or a Subsidiary on the Exercisability Date specified below: _____________ _____________ (2525 %) _____________ (2525 %) _____________ _____________ (2525 %) _____________ (5050 %) _____________ _____________ (2525 %) _____________ (7575 %) _____________ _____________ (2525 %) _____________ (100100 %) Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions of this Agreement and the Plan.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Alere Inc.)