Common use of Third Installment Clause in Contracts

Third Installment. Up to an additional 20% of the total Stock Options at any time following the third anniversary of the Date of Grant.

Appears in 4 contracts

Sources: Non Qualified Stock Option Agreement (Siena Holdings Inc), Non Qualified Stock Option Agreement (Siena Holdings Inc), Non Qualified Stock Option Agreement (Siena Holdings Inc)

Third Installment. Up to an additional 20% of the total Stock Options at any time following the third anniversary of the Date of Grant. Forth installment. Up to an additional 20% of the total Stock Options at any time following the forth anniversary of the Date of Grant.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Siena Holdings Inc), Non Qualified Stock Option Agreement (Siena Holdings Inc)