Vesting Schedule Clause Example from Business Contracts

This example Vesting Schedule clause appears in 5 contracts from 2 companies

Vesting Schedule. This option will become exercisable ("vest") as to % of the original number of Shares on the [first] anniversary of the Grant Date and as to an additional % 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 TETRAPHASE PHARMACEUTICALS INC contract
AILERON THERAPEUTICS INC Contracts

AILERON THERAPEUTICS, INC. Incentive Stock Option Agreement Granted Under 2006 Stock Incentive Plan (Filed With SEC on June 2, 2017)

AILERON THERAPEUTICS, INC. Nonstatutory Stock Option Agreement Granted Under 2006 Stock Incentive Plan (Filed With SEC on June 2, 2017)

TETRAPHASE PHARMACEUTICALS INC Contracts

Tetraphase Pharmaceuticals, Inc. Incentive Stock Option Agreement Granted Under 2006 Stock IncentivePlan (Filed With SEC on March 5, 2013)

Tetraphase Pharmaceuticals, Inc. Incentive Stock Option Agreement Granted Under 2006 Stock Incentive Plan (Filed With SEC on February 11, 2013)

Tetraphase Pharmaceuticals, Inc. Nonstatutory Stock Option Agreement Granted Under 2006 Stock Incentive Plan (Filed With SEC on February 11, 2013)