Common use of Vested and Exercisable Clause in Contracts

Vested and Exercisable. To the extent the Options were vested and exercisable at the time of the Optionee’s termination of service with the Company and its Affiliates, 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)