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 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 April 2, 2018. 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. 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 Date 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 12 calendar quarters (in each case, rounded down to the nearest whol...e 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. Date, this option will be exercisable as to all Shares. 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 anniversary of the Grant Vesting Commencement Date and as to an additional 6.25% [6.25]% of the original number of Shares at the end of each successive three-month [three-month] period following the first anniversary of the Grant Vesting Commencement Date until the fourth [fourth] anniversary of the Grant Vesting Commencement Date. 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 Millendo Therapeutics, 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% of the original number of Shares at the end of each successive three-month period month following the Vesting Commencement Date until the first anniversary of the Grant Date until Vesting Commencement Date. On the fourth first anniversary of the Grant Date. Vesting Commencement Date, this option wi...ll be exercisable as to all Shares. For purposes of this Agreement, "Vesting Commencement Date" shall mean January 1, 2015. 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 Spring Bank Pharmaceuticals, Inc. contract
Vesting Schedule. This option will become exercisable ("vest") as to 25% [25]% of the original number of Shares on the [the first anniversary of the Grant Date Date] and as to an additional 6.25% [6.25]% of the original number of Shares at the end of each successive three-month period [three-month period] following the [the first anniversary of the Grant Date Date] until the [the fourth anniversary of the Grant Date. Date]. The right of exercise shall be cumulative so that to the extent the option is not exercise...d 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 CONCERT PHARMACEUTICALS, INC.
Vesting Schedule. This option will become exercisable ("vest") as to 25% 1/4th of the original number of Shares on the first anniversary of the [the Grant Date Date] and as to an additional 6.25% 1/48th of the original number of Shares at the end of each successive three-month one month period following the first anniversary of the [the Grant Date Date] until the fourth anniversary of the [the Grant Date. Date]. The right of exercise shall be cumulative so that to the extent the option is not exercised in any per...iod 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 Visterra, 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 Date [ ] (the "Vesting Commencement Date") and as to an additional 6.25% 2.0833% of the original number of Shares at the end of each successive three-month one-month period following the first anniversary of the Grant Vesting Commencement 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 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 Endurance International Group Holdings, 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. On the fourth anniversary of the Vesting Commencement Date, thi...s 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 4 Contracts from 4 Companies
Vesting Schedule. This Subject to Section 3(b) below, 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. In determining the number o...f vested Shares at the time of any exercise, the number of Shares shall be rounded down to the nearest whole Share. 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 Unum Therapeutics Inc. contract
Vesting Schedule. This option will become exercisable ("vest") as to 25% [100% of the original number of Shares on the first anniversary of the Grant Date and as to an additional 6.25% Date] [33 1⁄3% of the original number of Shares at on the end of each successive three-month period following the first first, second and third anniversary of the Grant Date until Date] subject to continuous service with the fourth anniversary of the Grant Date. Company through each such anniversary. 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 ALNYLAM PHARMACEUTICALS, INC.