Vested

Vested. That portion of the Award to which the Employee has a nonforfeitable right under the terms of this Agreement and the Plan.

Vested. That the Stock Award is, in the case of an Option, exercisable in full and, in the case of all other Stock Awards, that the Stock Award is not subject to Nuvelo's right (whether conditional or unconditional) to reacquire the Stock Award due to forfeiture or repurchase at less than the fair market value of the stock or Stock Award.

Vested. Shall mean a Participant's right to a Phantom Stock Benefit in an Award subject, however, to forfeiture in the event of Termination for Cause as provided in Section 10.

Vested. The nonforfeitable portion of the Account maintained on behalf of a Participating Employee or Beneficiary.

Vested. With respect to Restricted Stock Awards, that the Shares subject to such Restricted Stock Awards have become nonforfeitable and transferable in accordance with the terms of the awards and restricted stock agreements between the Company and the Executive pursuant to which they were issued, and with respect to Stock Options (or any portion thereof) that the Stock Option (or such portion of the Stock Option) has become immediately exercisable by the Executive in accordance with the terms of the... agreement between the Company and the Executive pursuant to which such Stock Option was granted. View More

Vested. That the Total Benefit credited on behalf of the Participant will be payable under the terms of the Plan, unless Forfeited.