Exercise Periods Contract Clauses (870)

Exercise Periods. 2.1. Exercise Period of Option. Subject to the conditions set forth in this Agreement, all or part of this Option may be exercised at any time after the Date of Grant. Shares purchased by exercising this Option may be subject to the Repurchase Option as set forth in Section 7 below. This Option will become vested during its term as to portions of the Shares in accordance with the Vesting Schedule set forth in the Grant Notice. Notwithstanding any provision in the Plan or this Agreement to the... contrary, on or after Optionee's Termination Date, this Option may not be exercised with respect to any Shares that are Unvested Shares on Optionee's Termination Date. 2.2. Vesting of Option Shares. Shares with respect to which this Option is vested at a given time pursuant to the Vesting Schedule set forth in the Grant Notice are "Vested Shares." Shares with respect to which this Option is not vested at a given time pursuant to the Vesting Schedule set forth in the Grant Notice are "Unvested Shares." 2.3. Expiration. The Option shall expire on the Expiration Date set forth in the Grant Notice or earlier as provided in Section 3 below. View More

Exercise Periods. (a) Notwithstanding anything to the contrary contained herein, this Warrant shall only be exercisable with respect to those Shares which have vested as of the date of exercise. One eight (1/8th) of the Shares shall vest and become exercisable each quarter during the term of this Warrant, beginning on ____________, ____ and continuing on the same day each quarter thereafter, such that all of the Shares issuable pursuant to this Warrant shall become fully vested as of the date ____ years from... ____________, ____; provided that if that certain ____________ Agreement by and between the Company and Holder dated as of ____________, ____ is terminated, the Shares will cease vesting and the Warrant shall only be exercisable with respect to those Shares which have vested as of such termination. Fractional share numbers resulting from the calculations required pursuant to the foregoing sentence shall be rounded down to the nearest whole number of shares. (b) This Warrant shall be exercisable, in whole or in part, during the term commencing on ____________, ____ and ending at ____ p.m. PST on ___________, ___ (the "Exercise Period"); provided, however, that this Warrant shall no longer be exercisable and become null and void upon the earlier of (a) the consummation of the Company's sale of its Common Stock or other securities in the Company's first underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933, as amended (other than a registration statement relating either to sale of securities to employees of the Company pursuant to its stock option, stock purchase or similar plan or a SEC Rule 145 transaction) (an "Initial Public Offering"), (b) the consummation of a Deemed Liquidation Event, as such term is defined in the Company's current Amended and Restated Certificate of Incorporation on file with the Secretary of State of the State of Delaware, (c) __months after the Consulting Agreement terminates or (d) five (5) years after the date of issuance. For purposes of this Warrant, any of the transactions described in subsection (b) shall be referred to herein as a "Corporate Transaction". In the event of an Initial Public Offering or Corporate Transaction, the Company shall notify the Holder at least ____(__) days prior to the consummation of such Initial Public Offering or Corporate Transaction. View More

Exercise Periods. This Warrant shall be exercisable, in whole or in part, during the term commencing on May 19, 2011 and ending at 5:00 p.m., New York time, on May 19, 2021 (the "Exercise Period"); provided, however, that this Warrant shall no longer be exercisable and become null and void upon the consummation of any "Termination Event" defined as (a) the consummation of the Company's sale of its Common Stock or other securities pursuant to a registration statement under the Securities Act of 1933, as amended... (other than a registration statement relating either to sale of securities to employees of the Company pursuant to its stock option, stock purchase or similar plan or a SEC Rule 145 transaction) and (b) the consummation of a Liquidation Event, as such term is defined in the Company's current Amended and Restated Certificate of Incorporation on file with the Secretary of State of the State of Delaware. For purposes of this Warrant, any of the transactions described in subsection (b) shall be referred to herein as a "Corporate Transaction"). In the event of a Termination Event, the Company shall notify the Holder at least ten (10) days prior to the consummation of such Termination Event. View More

Exercise Periods. Each Warrant shall be exercisable during the term commencing on the issue date of this Certificate and ending at 5 p.m. Eastern time five years thereafter (the "Exercise Period").

Exercise Periods. This Warrant shall be exercisable, in whole or in part, during the term commencing on the date hereof and ending at 5:00 p.m. eastern standard time on the three year anniversary of the date of issuance (the "Exercise Period") provided, however, that this Warrant shall no longer be exercisable and shall become null and void upon the consummation of a Corporate Transaction or Initial Public Offering. In the event of a Corporate Transaction or Initial Public Offering, the Company shall notify the... Holder at least ten (10) days prior to the consummation of such Corporate Transaction or Initial Public Offering. View More

Exercise Periods. The Option or any portion thereof may be exercised only after the Option or any portion thereof has vested and only within the term set forth in the Notice of Grant contained herein and may be exercised during such term only in accordance with the terms of the Plan and this Option Agreement. No Options shall be exercisable after the tenth anniversary of the Original Grant Date.

Exercise Periods. Subject to Section 3(c), the Option shall expire three months after the termination of the Participant's employment with, or services to, the Company or its Subsidiaries as an Employee or Director (the "Services") unless the Services are terminated by the Company or its Subsidiaries for Cause (as defined below) or unless the Services are terminated by reason of the death or Total Disability (as defined below) of Participant. If the Participant's Services are terminated by the Company or its... Subsidiaries for Cause, the Option shall expire as of the date such Services terminate. If the Participant's Services terminate due to Participant's death or Total Disability, then the Option may be exercised by Participant or the person or persons to which Participant's rights under this Agreement pass by will, or if no such person has such right, by Participant's executors or administrators, within six months after the date of death or Total Disability, but no later than the expiration date specified in Section 3(c) below. "Cause" means, as determined by the Committee, the Participant's (i) act(s) of fraud or dishonesty, (ii) knowing and material failure to comply with applicable laws or regulations or satisfactorily perform Participant's Services, (iii) insubordination or (iv) drug or alcohol abuse. "Total Disability" means the complete and permanent inability of the Participant to perform all of Participant's duties under the terms of Participant's employment with the Company or its Subsidiaries, as determined by the Committee upon the basis of such evidence, including independent medical reports and data, the Committee deems appropriate or necessary. For the avoidance of doubt, if an employee becomes a consultant or a Director, without a break in service to the Company, "Service" shall include both employment as an employee and service as a consultant or Director and no termination of Service shall occur. Any exercise shall be accompanied by a written notice to the Company specifying the number of shares as to which this Option is being exercised (the "Option Shares"). Notations of any partial exercise or installment exercise, shall be made by the Company in its records. (c) Subject to the earlier expiration of the Option pursuant to Section 2, this Option shall expire on the tenth anniversary of the Grant Date. (d) The Participant hereby agrees to notify the Company in writing in the event shares acquired pursuant to the exercise of this Option are transferred, other than by will or by the laws of descent and distribution, within two years after the Grant Date or within one year after the issuance of such shares pursuant to such exercise. View More

Exercise Periods. This Warrant is exercisable as provided for in Section 1 and shall expire on the Expiration Date. This Warrant and all rights and options hereunder shall expire on the Expiration Date, and shall be wholly null and void and of no value to the extent this Warrant is not exercised before it expires.

Exercise Periods. (a) The Option shall be exercisable on or after vesting of the Option pursuant to the terms of the Plan and this Agreement. (b) All or any part of the Option may be exercised by the Optionee no later than the sixth (6th) anniversary of the Grant Date of the Option. (c) This Agreement and the Option shall terminate on the earlier of (i) the sixth (6th) anniversary of the Grant Date, or (ii) the date as of which the Option has been fully exercised.

Exercise Periods. This Warrant shall vest and become exercisable such that TEN THOUSAND (10,000) shares underlying the Warrant shall vest and become exercisable on the last day of each month beginning on October 31, 2020 through March 31, 2021. The vested and exercisable portion of this Warrant may be exercised at any time on or prior to the Expiration Date. Notwithstanding the foregoing, if the Agreement is terminated for any reason, the vesting of this Warrant pursuant to this Section 2 shall immediately... cease, the unvested portion of this Warrant shall immediately expire unexercised and the Termination Date of this Warrant shall be accelerated such that this Warrant shall terminate thirty (30) calendar days after the termination of the Agreement. For the avoidance of any doubt, by way of example, if the Agreement is terminated on December 15, 2020, this Warrant shall be exercisable for 20,000 shares of Common Stock and shall expire on January 14, 2021. 1 3. Exercise Price. The initial Exercise Price of this Warrant shall be $[___] per share as adjusted for stock splits, stock dividends, combinations and the like. View More