Vesting Schedule Clause Example from Business Contracts

This example Vesting Schedule clause appears in 4 contracts from 3 companies

Vesting Schedule. Except as otherwise provided herein, this option will become exercisable ("vest") as to 25% of the original number of Shares on one-year anniversary of the Grant Date and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the 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 exercised in any period to the maximum extent per...missible 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. View More
Found in Editas Medicine, Inc. contract
Editas Medicine, Inc. Contracts

Form of Inducement Stock Option Agreement for the Registrants executive officers (Filed With SEC on February 26, 2020)

Ophthotech Corp. Contracts

OPHTHOTECH CORPORATION Nonstatutory Stock Option Agreement (Filed With SEC on February 26, 2016)

OPHTHOTECH CORPORATION Nonstatutory Stock Option Agreement (Filed With SEC on November 12, 2014)

BRAINSTORM CELL THERAPEUTICS INC. Contracts

BRAINSTORM CELL THERAPEUTICS INC. Nonstatutory Stock Option Agreement (Filed With SEC on August 3, 2015)