Common use of Vesting of this Option Clause in Contracts

Vesting of this Option. The Option Shares shall become vested and exercisable during the Exercise Period with respect to not more than the cumulative number of Option Shares set forth below on or after the date(s) indicated:

Appears in 5 contracts

Sources: Incentive Stock Option Agreement (Banc of California, Inc.), Nonqualified Option Agreement (Banc of California, Inc.), Employment Agreement (Banc of California, Inc.)

Vesting of this Option. The Subject to Sections 6 and 8 below, the Option Shares shall become vested and exercisable during the Exercise Period with respect to not more than the cumulative number of Option Shares set forth below on or after the date(s) indicated:

Appears in 2 contracts

Sources: Nonqualified Option Agreement (Banc of California, Inc.), Non Qualified Option Agreement (Banc of California, Inc.)