Common use of Determination of Pro-Rata Portion Clause in Contracts

Determination of Pro-Rata Portion. For purposes of Section 4(a), the pro-rata portion of an Option that is to become vested will be the number of Option Shares that would become vested if employment continued through the next scheduled Vesting Date multiplied by a fraction the numerator of which is the number of days from the latest previous vesting date (or the grant date, if no part of the Option yet vested) through the date of Termination of Employment and the denominator of which is 365 (for clarity, pro ration applies to only one vesting tranche of each Option; any tranche that would have vested after the next scheduled Vesting Date will be forfeited).

Determination of Pro-Rata Portion. For purposes of Section 4(a), the pro-rata portion of an Option that is to become vested will be the number of Option Shares that would become vested if employment continued through the next scheduled Vesting Date multiplied by a fraction the numerator of which is the number of days from the latest last previous vesting date Vesting Date (or or, if no portion of the Option has vested, from the grant date, if no part of the Option yet vested) through the date of Termination of Employment and the denominator of which is 365 the total number of days from the last previous Vesting Date (for clarityor, pro ration applies if no portion of the Option has vested, from the grant date) to only one vesting tranche of each Option; any tranche that would have vested after the such next scheduled Vesting Date will be forfeited)Date.

Determination of Pro-Rata Portion. For purposes of Section 4(a), the pro-rata portion of an Option that is to become vested will be the additional number of Option Shares that would become vested if employment continued through the next scheduled Vesting Date multiplied by a fraction the numerator of which is the number of days from the latest previous vesting date (or the grant date, if no part of the Option yet vested) Grant Date through the date of Termination of Employment and the denominator of which is 365 the number of days between the Grant Date and the Vesting Date (for clarity, pro ration applies to only one vesting tranche of each the Option; any tranche that would have vested after the next scheduled Vesting Date will be forfeited).

Determination of Pro-Rata Portion. For purposes of Section 4(a), the pro-rata portion of an Option that is to become vested will be the additional number of Option Shares that would become vested if employment continued through the next scheduled Vesting Date multiplied by a fraction the numerator of which is the number of days from the latest previous vesting date (or the grant dateJuly 1, 2020, if no part of the Option yet vested) through the date of Termination of Employment and the denominator of which is 365 (for clarity, pro ration applies to only one vesting tranche of each the Option; any tranche that would have vested after the next scheduled Vesting Date will be forfeited).