Vesting of Restricted Stock Units Clause Example from Business Contracts

This example Vesting of Restricted Stock Units clause appears in 2 contracts from 2 companies

Vesting of Restricted Stock Units. The restrictions and conditions of Paragraph 1 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains in service as a member of the Board on such Vesting Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Paragraph 1 shall lapse only with respect to the number of Restricted Stock Units specified as vested on such date. Incremental Number ofRestricted Stock Units Vested Vesting Date ( %) ...( %) ( %) ( %) Notwithstanding anything to the contrary herein or in the Plan, all outstanding Restricted Stock Units shall become fully vested upon a Sale Event. The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 2. View More
Found in Kymera Therapeutics, Inc. contract
Kymera Therapeutics, Inc. Contracts

2020 Stock Option and Incentive Plan, and form of award agreements thereunder (Filed With SEC on August 17, 2020)

Candel Therapeutics, Inc. Contracts

2021 Stock Option and Incentive Plan and forms of award agreements thereunder (Filed With SEC on July 16, 2021)