Vesting Schedule Clause Example with 41 Variations from Business Contracts

This page contains Vesting Schedule clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Vesting Schedule. This option will become exercisable ("vest") as to 25% of the original number of Shares on the first anniversary of the Grant Date and as to an additional 6.25% of the original number of Shares at the end of each successive three-month period following the first anniversary of the Grant Date until the fourth anniversary of the Grant Date. The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue t...o be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan. View More
Found in Gelesis Inc contract

Variations of a "Vesting Schedule" Clause from Business Contracts

Vesting Schedule. This [This option will become exercisable ("vest") as to 25% of the original number of Shares on the first anniversary of the Grant Vesting Commencement Date (as defined below) and as to an additional 6.25% 2.0833% of the original number of Shares at the end of each successive three-month period month following the first anniversary of the Grant Vesting Commencement Date until the fourth anniversary of the Grant Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Dat...e, this option will be exercisable as to all Shares. For purposes of this Agreement, "Vesting Commencement Date" shall mean [__________________].] The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan. View More
Found in 2 Contracts from Sesen Bio, Inc.
Vesting Schedule. This option will become exercisable ("vest") as to 25% of the original number of Shares on the first anniversary of the Grant Vesting Commencement Date (as defined below) and as to an additional 6.25% 2.0833% of the original number of Shares at the end of each successive three-month period month following the first anniversary of the Grant Vesting Commencement Date until the fourth anniversary of the Grant Vesting Commencement Date. For purposes of this Agreement, "Vesting Commencement Date" sha...ll mean ________________. The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan. View More
Found in Casa Systems Inc contract
Vesting Schedule. This Except as otherwise provided herein, this option will become exercisable ("vest") as to 25% of the original number of Shares on the first one-year anniversary of the Grant Vesting Start Date and as to an additional 6.25% 2.0833% of the original number of Shares at the end of each successive three-month period month following the first one-year anniversary of the Grant Vesting Start Date until the fourth anniversary of the Grant Vesting Start Date. For purposes of this Agreement, the Vesting... Start Date is [___________]. The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan. hereof. View More
Found in Kala Pharmaceuticals, Inc. contract
Vesting Schedule. (a) This option Option will become exercisable ("vest") as to 25% of the original number of Shares on the first anniversary of the [the Grant Date Date] and as to an additional 6.25% 1/36 of the original remaining number of Shares at on the end day of the month of [the Grant Date] beginning with each successive three-month period month following the first anniversary of the [the Grant Date Date] until the fourth anniversary of [the Grant Date], provided that such vesting shall cease upon the Gra...nt Date. date of a Termination of Service for any reason. (b) This Option shall become fully vested and exercisable immediately prior to the effective date of a Change in Control. (c) The right of exercise shall be cumulative so that to the extent the option this Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Expiration Date or the termination of this option Option under Section 3 hereof or the Plan. View More
Found in SS&C Technologies Holdings Inc contract
Vesting Schedule. (a) This option Option will become exercisable ("vest") as to 25% of the original number of Shares on the first anniversary of the [the Grant Date Date] and as to an additional 6.25% 1/36 of the original remaining number of Shares at on the end day of the month of [the Grant Date] beginning with each successive three-month period month following the first anniversary of the [the Grant Date Date] until the fourth anniversary of [the Grant Date] unless the Grant Date. Plan Administrator subsequent...ly determines to accelerate the exercisability of this Option, provided that such vesting shall cease upon the date of a Termination of Service for any reason. (b) This Option shall become fully vested and exercisable immediately prior to the effective date of a Change in Control. (c) The right of exercise shall be cumulative so that to the extent the option this Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Expiration Date or the termination of this option Option under Section 3 hereof or the Plan. View More
Found in SS&C Technologies Holdings Inc contract
Vesting Schedule. This option will become exercisable ("vest") as to 25% twenty-five percent (25%) of the original number of Shares on the first anniversary of the Grant Vesting Commencement Date (as defined below) and as to an additional 6.25% six and one quarter percent (6.25%) of the original number of Shares at will vest thereafter on the end first day of each successive three-month period calendar quarter following the such first anniversary of for the Grant Date until subsequent twelve (12) calendar quarter...s (in each case, rounded down to the nearest whole share, except as to the last vesting period, with respect to which all remaining Shares will vest). On the fourth anniversary of the Grant Date. Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, "Vesting Commencement Date" shall mean [ , 20 ]. The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan. View More
Found in 2 Contracts from Sigilon Therapeutics, Inc.
Vesting Schedule. This option will become exercisable ("vest") as to 25% twenty-five percent (25%) of the original number of Shares on the first anniversary of the Grant Vesting Commencement Date (as defined below) and as to an additional 6.25% six and one quarter percent (6.25%) of the original number of Shares at will vest thereafter on the end first day of each successive three-month period calendar quarter following the such first anniversary of for the Grant Date until subsequent twelve (12) calendar quarter...s (in each case, rounded down to the nearest whole share, except as to the last vesting period, with respect to which all remaining Shares will vest). On the fourth anniversary of the Grant Date. Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, "Vesting Commencement Date" shall mean [ ]. The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan. View More
Found in Foghorn Therapeutics Inc. contract
Vesting Schedule. This option will become exercisable ("vest") as to 25% [25%] of the original number of Shares on the first [first] anniversary of the Grant Vesting Commencement Date (as defined below) and as to an additional 6.25% [2.0833%] of the original number of Shares at the end of each successive three-month period [month] following the first anniversary of the Grant Vesting Commencement Date until the fourth [fourth] anniversary of the Grant Date. Vesting Commencement Date, at which time the option shall... vest in full. For purposes of this Agreement, "Vesting Commencement Date" shall mean [ ]. The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan. View More
Found in Seres Therapeutics, Inc. contract
Vesting Schedule. This option Except as otherwise provided in paragraphs (d) through (g) of Section 3 below and the Plan, this Option will become exercisable ("vest") as to 25% . [The vesting of this Option shall be in accordance with the provision of the Plan. In the event of this Option vests based solely on the passage of time, insert the following in the blank above: "[ ]% of the original number of Shares on the first [ ] anniversary of the Grant Date and as to an additional 6.25% [ ] % of the original number... of Shares at the end of each successive three-month period [each] anniversary of the Grant Date following the first anniversary of the Grant Date until the fourth [ ] anniversary of the Grant Date. Date"] provided that on each such vesting date the Participant is, and has been at all times since the Grant Date, an employee, officer or director of, or consultant or advisor to, the Company (an "Eligible Participant"). The right of exercise shall be cumulative so that to the extent the option Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option Option under Section 3 hereof or the Plan. hereof. View More
Found in Thermo Fisher Scientific contract
Vesting Schedule. This option will become exercisable ("vest") as to 25% of the original number of Shares on the first anniversary of the Grant Vesting Commencement Date and as to an additional 6.25% of the original number of remaining Shares at the end of each successive three-month period in equal monthly installments over 36 months following the first anniversary of the Grant Date until the fourth anniversary Vesting Commencement Date. For purposes of the Grant Date. this Agreement, "Vesting Commencement Date"... shall mean [●]. The right of exercise shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares for which it is vested until the earlier of the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan. View More
Found in Millendo Therapeutics, Inc. contract