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ABII » Topics » [25% of the Shares subject to the Option shall vest twelve months after the Vesting Commencement Date, and an additional 25% of the Shares subject to the Option shall vest on each yearly anniversary of the Vesting Commencement Date thereafter.]

This excerpt taken from the ABII 10-Q filed Dec 20, 2007.

[25% of the Shares subject to the Option shall vest twelve months after the Vesting Commencement Date, and an additional 25% of the Shares subject to the Option shall vest on each yearly anniversary of the Vesting Commencement Date thereafter.]

[In the event the Grantee’s Continuous Service terminates as the result of a Qualifying Retirement (as defined below), the Option automatically shall become vested and exercisable immediately prior to the date of such termination of Continuous Service with respect to those additional Shares subject to the Option that would have vested during the one-year period

 

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