Right of Exercise. The Grantee’s right of exercise will be cumulative so that to the extent this option is not exercised in any period to the maximum extent permissible, this option will continue to be exercisable with respect to any remaining Shares for which it is vested until this option terminates. No partial exercise of this option may be for any fractional Share or for fewer than ten whole Shares.
Appears in 3 contracts
Sources: Stock Option Agreement (NxStage Medical, Inc.), Stock Option Agreement (NxStage Medical, Inc.), Stock Option Agreement (NxStage Medical, Inc.)