Vesting Clause Example with 8 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. The term "vest" as used herein with respect to the Stock Option or any portion thereof means to become exercisable and the term "vested" with respect to the Stock Option (or any portion thereof) means that the Stock Option (or portion thereof) is then exercisable. Unless earlier terminated, forfeited, relinquished or expired, the Stock Option will vest.

Variations of a "Vesting" Clause from Business Contracts

Vesting. The term "vest" as used herein with respect to the Stock Option or (or any portion thereof thereof) means to become exercisable and the term "vested" with respect to the Stock Option (or any portion thereof) portion) means that the Stock Option (or portion thereof) portion) is then exercisable. Unless earlier terminated, forfeited, relinquished or expired, the Stock Option will vest. vest [•]1, subject, in each case, to the Participant remaining in continuous Employment from the Date of Grant th...rough such vesting date. Notwithstanding the foregoing, to the extent then-outstanding, the Stock Option will vest in full upon a Change in Control or the termination of the Participant's Employment due to his or her death. 1 For initial grants: options will vest in equal annual installments on each of the first three (3) anniversaries of the Date of Grant, with the number of Shares that vest on any such date being rounded down to the nearest whole share and the Stock Option becoming vested as to 100% of the Shares on the third (3th) anniversary of the Date of Grant. For annual grants: options will vest as to 100% of the Shares on the earlier of the first anniversary of the Date of Grant or the date of the first annual meeting of stockholders of the Company that follows the Date of Grant. View More
Vesting. The term "vest" as used herein with respect to the Stock Option or (or any portion thereof thereof) means to become exercisable and the term "vested" with respect to the Stock Option (or any portion thereof) means that the Stock Option (or portion thereof) is then exercisable. Unless earlier terminated, forfeited, relinquished or expired, the Stock Option will vest. vest as to twenty percent (20%) of the Shares on each of the first five anniversaries of the Date of Grant, with the number of Shar...es that vest on any such date being rounded down to the nearest whole Share and the Stock Option becoming vested as to 100% of the Shares on the fifth (5th) anniversary of the Date of Grant, subject, in each case, to the Participant remaining in continuous Employment from the Date of Grant through the applicable vesting date except as described in this Section 2 or Section 4 below. Notwithstanding the foregoing, in the event the Participant's Employment terminates due to his or her death, the portion of the Stock Option that is then outstanding and unvested shall vest in full as of immediately prior to such termination. View More
Vesting. The term "vest" as used herein with respect to the Stock Option or any portion thereof means to become exercisable and the term "vested" as used herein with respect to the Stock Option (or any portion thereof) means that the Stock Option (or portion thereof) is then exercisable. Unless earlier terminated, forfeited, relinquished or expired, the Stock Option will vest. vest as to [_________], in each case, subject to the Participant's continued Employment through the applicable vesting date.
Vesting. The term "vest" as used herein with respect to the Stock Option or (or any portion thereof thereof) means to become exercisable and the term "vested" with respect to the Stock Option (or any portion thereof) means that the Stock Option (or portion thereof) is then exercisable. Unless earlier terminated, forfeited, relinquished or expired, the Stock Option will vest. vest as to one hundred percent (100%) of the Shares on the first (1st) anniversary of the Date of Grant, subject, to the Participan...t remaining in continuous Employment from the Date of Grant through such vesting date. Notwithstanding the foregoing, in the event the Participant's Employment terminates due to his or her death, the portion of the Stock Option that is then outstanding and unvested shall vest in full as of immediately prior to such termination. View More
Vesting. The term "vest" as used herein with respect to the Stock Option or (or any portion thereof thereof) means to become exercisable and the term "vested" with respect to the Stock Option (or any portion thereof) portion) means that the Stock Option (or portion thereof) portion) is then exercisable. Unless earlier terminated, forfeited, relinquished or expired, the Stock Option will vest. vest as will vest as to [•], subject, in each case, to the Participant remaining in continuous Employment from th...e Date of Grant through such vesting date. View More
Vesting. The term "vest" as used herein with respect to the Stock Option or (or any portion thereof thereof) means to become exercisable and the term "vested" with respect to the Stock Option (or any portion thereof) portion) means that the Stock Option (or portion thereof) portion) is then exercisable. Unless earlier terminated, forfeited, relinquished or expired, the Stock Option will vest. vest as to [•], subject, in each case, to the Participant remaining in continuous Employment from the Date of Gra...nt through such vesting date. View More
Vesting. The term "vest" as used herein with respect to the Stock Option or (or any portion thereof thereof) means to become exercisable and the term "vested" with respect to the Stock Option (or any portion thereof) portion) means that the Stock Option (or portion thereof) portion) is then exercisable. Unless earlier terminated, forfeited, relinquished or expired, the Stock Option will vest. vest [ ].
Vesting. The term "vest" as used herein with respect to the Stock Option or any portion thereof means to become exercisable exercisable, and the term "vested" with respect to the Stock Option (or or any portion thereof) thereof means that the Stock Option (or portion thereof) is then exercisable. Unless earlier terminated, forfeited, relinquished or expired, the Stock Option will vest. vest [•].