Vesting Clause Example with 12 Variations from Business Contracts

This page contains Vesting 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. This Option may be exercised for the total number of shares of Stock subject to this Option in accordance with the "Vesting Dates" as follows: 25% on the first anniversary of the Grant Date, and 25% on each succeeding anniversary of the Grant Date until all options have been vested, provided that the Optionee is continuously providing Services to the Company or a Company Affiliate through the applicable Vesting Date. The shares of Stock may be purchased at any time after they become vested, in w...hole or in part, during the Option Period; provided, however, the Option may only be exercisable to acquire whole shares of Stock. The right of exercise provided herein shall be cumulative so that if the Option is not exercised to the maximum extent permissible after vesting, the vested portion of the Option shall be exercisable, in whole or in part, at any time during the Option Period. View More
Found in Par Pacific Holdings, Inc. contract

Variations of a "Vesting" Clause from Business Contracts

Vesting. This Option may be exercised for the total number of shares of Stock subject to this Option in accordance with the "Vesting Dates" as follows: 25% 33.3% on the first anniversary of the Grant Date, and 25% 33.3% on each succeeding the second anniversary of the Grant Date until all options have been vested, and 33.4% on the third anniversary of the Grant Date provided that the Optionee is continuously providing Services to the Company or a Company Affiliate through the applicable Vesting Date. The... shares of Stock may be purchased at any time after they become vested, in whole or in part, during the Option Period; provided, however, the Option may only be exercisable to acquire whole shares of Stock. The right of exercise provided herein shall be cumulative so that if the Option is not exercised to the maximum extent permissible after vesting, the vested portion of the Option shall be exercisable, in whole or in part, at any time during the Option Period. View More
Found in Par Pacific Holdings, Inc. contract
Vesting. This Option may be exercised for the total number of shares of Stock subject to this Option in accordance with the "Vesting Dates" as follows: 25% 20% on the first anniversary of the Grant Date, and 25% 20% on each succeeding anniversary of the second, third, fourth and fifth anniversaries of the Grant Date until all options have been vested, Date, provided that the Optionee is continuously providing Services to the Company or a Company Affiliate through the applicable Vesting Date. The shares o...f Stock may be purchased at any time after they become vested, in whole or in part, during the Option Period; provided, however, the Option may only be exercisable to acquire whole shares of Stock. The right of exercise provided herein shall be cumulative so that if the Option is not exercised to the maximum extent permissible after vesting, the vested portion of the Option shall be exercisable, in whole or in part, at any time during the Option Period. View More
Found in 2 Contracts from Par Pacific Holdings, Inc.