Vesting Schedule Clause Example from Business Contracts

This example Vesting Schedule clause appears in 2 contracts from 1 company

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 shal...l 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 CONCERT PHARMACEUTICALS, INC. contract
CONCERT PHARMACEUTICALS, INC. Contracts

CONCERT PHARMACEUTICALS, INC. Incentive Stock Option Agreement Granted Under Amended and Restated 2006 Stock Option and Grant Plan (Filed With SEC on January 13, 2014)

CONCERT PHARMACEUTICALS, INC. Nonstatutory Stock Option Agreement Granted Under Amended and Restated 2006 Stock Option and Grant Plan (Filed With SEC on January 13, 2014)