Company Equity. You were granted options to purchase shares of Company’s common stock (each an “Option”) and restricted stock units (RSU’s) pursuant to the terms of the following agreements: · Option No. 589-NQO Stock Option Grant Notice and Stock Option Agreement, dated December 17, 2020 (the “NQO Award”); · Option No. 589-ISO Stock Option Grant Notice and Stock Option Agreement, dated December 17, 2020 (the “ISO Award”); and · Restricted Stock Unit Grant Notice and Restricted Stock Unit Award Agreement, dated as of December 17, 2020 (the “RSU Award”). Each of the forgoing Options and RSU’s is subject to the terms of the applicable award agreement and the Company’s 2012 Employee, Director and Consultant Equity Incentive Plan (the “Plan”). Subject to Section 5 and assuming you remain employed through April 30, 2022, as of the Separation Date, you acknowledge and agree that the table below sets forth a complete and accurate list of Options as of the Separation Date: Butterfly Network, Inc. 589-ISO 12/17/20 25,957 11,897 Time-Based Butterfly Network, Inc. 589-NQO 12/17/20 363,405 166,560 Time-Based Butterfly Network, Inc. RSU 12/17/20 129,788 40,558 Time Based You acknowledge and agree that as of the Separation Date, there will be 14,060 unvested options under the ISO Award, 196,845 unvested options under NSO Award and 89,230 unvested restricted stock units under the RSU Award. All unvested options and restricted stock units subject to these awards will be forfeited as of the Separation Date.
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Samples: Separation Agreement (Butterfly Network, Inc.), Separation Agreement (Butterfly Network, Inc.)
Company Equity. You were granted options (each, an “Option”) to purchase shares of Company’s common stock (each an “Option”) and restricted stock units (RSU’s) pursuant to the terms of the following three option agreements: · ● Option No. 589537-NQO Stock Option Grant Notice and Stock Option Agreement, dated April 23, 2020 (the “537-NQO Award”); ● Option No. 537-ISO Stock Option Grant Notice and Stock Option Agreement, dated April 23, 2020 (the “537-ISO Award”); and ● Option No. 588 Stock Option Grant Notice and Stock Option Agreement, dated December 17, 2020 (the “NQO Award”); · Option No. 589-ISO Stock Option Grant Notice and Stock Option Agreement, dated December 17, 2020 (the “ISO Award”); and · Restricted Stock Unit Grant Notice and Restricted Stock Unit Award Agreement, dated as of December 17, 2020 (the “RSU 588 Award”). Each of the forgoing Options and RSU’s is subject to the terms of the applicable award agreement and the Company’s 2012 Employee, Director and Consultant Equity Incentive Plan (the “Plan”). Subject to Section 5 and assuming you remain employed through April June 30, 20222021, as of the Separation Date, you acknowledge and agree that the table below sets forth a complete and accurate list of Options as of the Separation Date: Issuing Company Grant Number Grant Date # of Shares Granted # of Shares Exercised # of Shares Vested Type of Option Butterfly Network, Inc. 589537-ISO 12/17/20 25,957 11,897 4/23/2020 46,723 13,625 974 Time-Based Butterfly Network, Inc. 589537-NQO 12/17/20 363,405 166,560 4/23/2020 472,426 137,792 4,395 Time-Based Butterfly Network, Inc. RSU 12/17/20 129,788 40,558 Time 588 12/17/2020 519,150 0 0 Time-Based You acknowledge and agree that as of the Separation Date, there will be 14,060 are 30,939 unvested options under the 537-ISO Award, 196,845 312,813 unvested options under 537-NSO Award and 89,230 unvested restricted stock units you are not vested in any of the shares under the RSU 588 Award. All , and, subject to Section 5, all unvested options and restricted stock units subject to these awards will be forfeited as of the Separation Date..
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Samples: Separation Agreement (Butterfly Network, Inc.), Separation Agreement (Butterfly Network, Inc.)