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

Variations of a "Vesting Schedule" Clause from Business Contracts

Vesting Schedule. This option Except as otherwise provided in paragraphs (c) through (f) of Section 3 below and the Plan, 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% 25% of the original number of Shares at on each anniversary of the end of each successive three-month period Grant Date following the first anniversary of the Grant Date until the fourth anniversary of the Grant Date. Date provided tha...t 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
Vesting Schedule. This option will become exercisable ("vest") as to 25% 33% of the original number of Shares on at the end of the first anniversary of the Grant Date twelve month period following [ ] (the "Vesting Commencement Date") and as to an additional 6.25% of the original number of Shares at the end of each successive three-month three month period following thereafter until the first third anniversary of the Grant Date until the fourth anniversary of the Grant Vesting 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
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 [three-month] period following the first [first] anniversary of the Grant Date until the fourth [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 maxim...um 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
Vesting Schedule. (a) Option Exercise Schedule. This option will become exercisable ("vest") as to 25% 6.25% of the original number of Shares on at the end of the first anniversary of the Grant Date three-month period following [ ] (the "Vesting Commencement 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 thereafter until the fourth anniversary of the Grant Vesting Commencement 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
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 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 anniversary of the Grant Date until the fourth [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 exten...t 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
Vesting Schedule. This option will become exercisable ("vest") as to 25% % of the original number of Shares on the first [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 [three-month] period following the first anniversary of the Grant Date until the fourth [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 ext...ent 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
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% 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 Date until the fourth anniversary of the Grant Date. Any fraction of a Share resulting from a computation made pursuant to this Section 2 shall be rounded to the nearest whole Share. The right of ex...ercise 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
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 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 following the first anniversary of the Grant Date until the fourth anniversary of the Grant Date. Date.] Notwithstanding the foregoing, this option will become fully exercisable in the event the Participant dies prior to the Final Exercise Date... while he or she is an Eligible Participant and the Company has not terminated such relationship for "Cause" as specified in Section 3(e) below. 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
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. Notwithstanding the foregoing, this option will become fully exercisable in the event the Participant dies prior to the Final Exercise Date while he or she is ...an Eligible Participant and the Company has not terminated such relationship for "Cause" as specified in Section 3(e) below. 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
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 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 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 exe...rcised 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