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Common use of Vesting and Exercisability Clause in Contracts

Vesting and Exercisability. You cannot exercise the Options until they have vested and become exercisable.

Appears in 9 contracts

Sources: Nonstatutory Stock Option Agreement (Dell Inc), Nonstatutory Stock Option Agreement (Dell Inc), Nonstatutory Stock Option Agreement (Dell Inc)

Vesting and Exercisability. You cannot exercise the Options until they have vested and become exercisablevested.

Appears in 7 contracts

Sources: Global Award Agreement (Motorola Mobility Holdings, Inc), Employment Agreement (Motorola Inc), Employment Agreement (Motorola Inc)

Related Clauses

  • Vesting and Exercisability of Option
  • Vesting and Exercise
  • Duration and Exercisability
  • Vesting and Exercise of Option
  • Exercisability

Parent Clauses

  • Grant and Terms of Stock Option
  • Miscellaneous
  • Term and Vesting of Option
  • Terms and Conditions Applicable to Stock Options
  • Vesting and Exercisability

Sub-Clauses

  • Exercise
  • Discretionary Acceleration
  • Vesting
  • No Other Accelerated Vesting
  • Exercisability of Option
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