Vesting Clause Example with 6 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. Except as may otherwise be provided herein, subject to the Participant's continued employment with the Company or an Affiliate, the Options shall become vested and exercisable in equal installments on each of the first [ ] anniversaries of the Date of Grant (each such date, a "Vesting Date"). Any fractional Option Shares resulting from the application of the vesting schedule shall be aggregated and the Option Shares resulting from such aggregation shall vest on the final Vesting Date.

Variations of a "Vesting" Clause from Business Contracts

Vesting. Except as may otherwise be provided herein, subject to the Participant's continued employment Employment with the Company or an Affiliate, Affiliate through the Options applicable vesting date, the Option shall become vested and exercisable in equal installments with respect to twenty-five percent [Insert]% of the Option Shares on each of the first [ ] anniversaries [Insert] of the Date of Grant (each such date, a "Vesting Date"). Any fractional Option Shares resulting from the application of th...e vesting schedule shall be aggregated and the Option Shares resulting from such aggregation shall vest on the final Vesting Date. View More
Vesting. Except as may otherwise be provided herein, subject to the Participant's continued employment with the Company or an Affiliate, the Options Option shall become vested and exercisable in equal installments with respect to 1/24th (4.1667%) of the Option Shares on each of the first [ ] twenty-four (24) monthly anniversaries of the Date of Grant (each such date, a "Vesting Date"). Date"), such that the Option shall be fully vested on the second anniversary of the Date of Grant. Any fractional Option... Shares resulting from the application of the vesting schedule shall be aggregated and the Option Shares resulting from such aggregation shall vest on the final Vesting Date. View More
Vesting. Except as may otherwise be provided herein, subject to the Participant's continued employment with the Company or an Affiliate, the Options shall vest and become vested and exercisable in [in equal installments on each of the first [ ] anniversaries [●] anniversaries] of the Date of Grant (each such date, a "Vesting Date"). Date"), subject to the Participant's continued employment with, appointment as a director of, or engagement to provide services to, the Company or any of its Affiliates throu...gh the applicable Vesting Date. Any fractional Option Shares Share resulting from the application of the vesting schedule shall be aggregated and the Option Shares Share resulting from such aggregation shall vest on the final Vesting Date. View More
Vesting. Except as may otherwise be provided herein, herein (or as otherwise provided in an employment, consulting or other written agreement between the Participant and the Company or any of its Affiliates) and subject to the Participant's continued employment or service with the Company or an Affiliate, the Options Option shall become vested and exercisable in equal installments with respect to one-third (1/3) of the Option Shares on each of the first [ ] three anniversaries of the Date of Grant (each ...such date, a "Vesting Date"). Any fractional Option Shares resulting from the application of the vesting schedule shall be aggregated and the Option Shares resulting from such aggregation shall vest on the final Vesting Date. View More
Vesting. Except as may otherwise be provided herein, subject to the Participant's continued employment with the Company or an Affiliate, a Subsidiary, the Options Option shall become vested and exercisable in equal installments with respect to twenty five percent (25%) of the Option Shares on each of the first [ ] four anniversaries of the Date of Grant (each such date, a "Vesting Date"). Any fractional Option Shares resulting from the application of the vesting schedule shall be aggregated and the Optio...n Shares resulting from such aggregation shall vest on the final Vesting Date. View More
Vesting. Except as may otherwise be provided herein, subject to the Participant's continued employment with the Company or an Affiliate, the Options Option shall become vested and exercisable in equal installments with respect to 50% of the Option Shares on each of the first [ ] two anniversaries of the Date of Grant (each such date, a "Vesting Date"). Date"), such that the Option shall be fully vested on the second anniversary of the Date of Grant. Any fractional Option Shares resulting from the applica...tion of the vesting schedule shall be aggregated and the Option Shares resulting from such aggregation shall vest on the final Vesting Date. View More