Common use of Vested and Exercisable Clause in Contracts

Vested and Exercisable. To the extent the Options were vested and exercisable at the Service Termination Time, the Options shall remain exercisable during the following post-termination periods:

Appears in 2 contracts

Sources: Stock Option Agreement (Evertec, LLC), Stock Option Agreement (TII Smart Solutions, Sociedad Anonima)