Vesting; Limits on Exercise. The Option cannot be exercised until it vests and becomes exercisable. Unless the Committee otherwise provides, the Option will not vest or become exercisable in any circumstances prior to the date that is six months after the Award Date. Thereafter, the Option will become vested, subject to adjustments, as follows: DATE (3) EXTENT OF VESTING (1,4)
Appears in 2 contracts
Sources: Incentive Stock Option Agreement (Corinthian Colleges Inc), Nonqualified Stock Option Agreement (Corinthian Colleges Inc)