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 option (a) Except as otherwise provided herein, 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. (b) 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 Option Expiration Date or the termination of this option the Option under Section 3 hereof or the Plan. 5 hereof. View More
Found in ACHILLION PHARMACEUTICALS INC contract