Vesting of the Option Sample Clauses

Vesting of the Option. Subject to Section 6 hereof, the Option may be exercised at any time or from time to time during the Option Period, as to any part or all of the shares covered thereby in accordance with the following vesting schedule: (a) twenty five percent (25%) of the Option may be exercised at any time on or after the first anniversary of the Effective Date; (b) fifty percent (50%) of the Option may be exercised at any time on or after the second anniversary of the Effective Date; (c) seventy five percent (75%) of the Option may be exercised at any time on or after the third anniversary of the Effective Date; and (d) one hundred percent (100%) of the Option may be exercised at any time on or after the fourth anniversary of the Effective Date.

Vesting of the Option. The Option granted pursuant to this Agreement shall vest and become exercisable in accordance with the following provisions:

Vesting of the Option. As long as the Optionee remains an employee of the Company, the options granted hereby shall vest based on the following schedule:

Vesting of the Option. Except as otherwise provided in the Plan or this Agreement, 25% of the Shares covered by this Option shall become vested and exercisable on the first anniversary of the Grant Date, and 25% shall become vested and exercisable on each of the subsequent three anniversaries of the first vesting date, provided that the Optionee is employed by the Company on each such applicable vesting date. Any fraction of a Share that becomes vested and exercisable on any date will be rounded down to the next lowest whole number, with any such fraction added to the portion of the Option (if any) becoming vested and exercisable on the following vesting date.

Vesting of the Option. The Option shall, subject to the Participant’s continued Employment, vest and become exercisable on the earlier to occur of either: (i) the date (A) affiliates of Blackstone sell more than twenty-five percent (25%) of the equity interests of the JV (the “JV Shares”) held by it on the Transaction Date at a weighted average price in excess of the equivalent of $4,200 per share and (B) McKesson distributes more than fifty percent (50%) of the JV Shares held by it on the Transaction Date, or (ii) McKesson and affiliates of Blackstone, collectively, sell more than twenty-five percent (25%) of the aggregate number of JV Shares held by McKesson and Blackstone on the Transaction Date, at a weighted average price in excess of the equivalent of $4,200 per share. No portion of the Option shall vest solely as a result of any transaction in which McKesson disposes of or distributes equity owned by it in the JV to its shareholders.

Vesting of the Option. Provided that the Optionee remains in the continuous employment of the Company through the vesting period, the Option shall vest and become exercisable in accordance with the following schedule: There shall be no proportional vesting prior to any Vesting Date; all vesting shall occur only on the Vesting Date.

Vesting of the Option. Subject to the earlier expiration or termination of this Option in accordance with its terms, the Option Shares granted under this Option Agreement will be exercisable as follows:

Vesting of the Option. (a) Subject to the Participant’s continued Employment through the applicable vesting date, the Option shall vest and become exercisable at the times set forth on the signature page hereto.

Vesting of the Option. The Option shall vest and become exercisable in accordance with Schedule I attached hereto.