Common use of Vesting of Options Clause in Contracts

Vesting of Options. Except as otherwise specifically provided herein, the Options shall vest according to the following schedule: (i) 25% on the first anniversary of the Grant Date; (ii) 25% on the second anniversary of the Grant Date; (iii) 25% on the third anniversary of the Grant Date; and (iv) 25% on the fourth anniversary of the Grant Date.

Vesting of Options. Except as otherwise specifically provided herein, the Options shall vest according to the following schedule: (i) 25% on the first anniversary of the Grant Date; (ii) 25% on the second anniversary of the Grant Date; (iii) 25% on the third anniversary of the Grant Date; and (iv) 25% on the fourth anniversary of the Grant Date. All Options shall become exercisable in the event the Employee is terminated by the Company or a Subsidiary without Cause within the one year period immediately following a Change in Control.

Vesting of Options. Except as otherwise specifically provided herein, the Options shall vest according to the following schedule: (i) 25% on the first anniversary of the Grant Date; (ii) 25% on the second anniversary of the Grant Date; (iii) 25% on the third anniversary of the Grant Date; and (iv) 25% on the fourth anniversary of the Grant Date. All Options shall become exercisable in the event of a Change of Control (as that term is defined herein).

Vesting of Options. Except as otherwise specifically provided herein, the Options shall vest according to the following schedule: (i) 25% on the first anniversary of the Grant Date; (ii) 25% on the second anniversary of the Grant Date; (iii) 25% on the third anniversary of the Grant Date; and (iv) 25% on the fourth anniversary of the Grant Date. All Options shall become exercisable in the event of a Change of Control (as defined herein).

Vesting of Options. Except as otherwise specifically provided herein, the Options shall vest according to the following schedule: (i) 25% on the first anniversary of the Grant Date; (ii) 25% on the second anniversary of the Grant Date; (iii) 25% on the third anniversary of the Grant Date; and (iv) 25% on the fourth anniversary of the Grant Date. All Options shall become exercisable in the event the Employee is terminated by the Company or a subsidiary without Cause within the one year period immediately following a Change of Control (as that term is defined herein).