Early Exercise. Executed through the BCS or, in the case of malfunction of it, by sending module RD009 through the ICWS or, in case of malfunction of it, via fax Sending of orders for early exercise or its revocation Every day (excluding the maturity day), not later than 18.30 of the trading day.
Early Exercise. An Option Award Agreement may permit the Participant to exercise the Option prior to the time that it has become vested provided that the Shares acquired on exercise will be treated as unvested and subject to a right of repurchase by the Company and any other restrictions that the Board determines appropriate as set forth in the Award Agreement.
Early Exercise. The Optionee acknowledges that this is an early exercise of the Option with regard to 125,688 Shares and that in the event that the Optionee should terminate Employment prior to the dates indicated below, notwithstanding any other provisions hereto, the Company shall have the option to purchase such Shares at the Option Price. The Company may pay such purchase price by offsetting such amount against the amount then due under the Purchase Note. The Company may exercise such option at any time within thirty days following such termination of Employment. Through Date Shares Subject to Company Repurchase Option ------------ ------------------------------------------- August 29, 1999 125,688 September 14, 1999 70,344 August 29, 2000 65,344 September 14, 2000 10,000 September 14, 2001 5,000
Early Exercise. Notwithstanding the vesting schedule set forth in paragraph (a), the Participant may elect to exercise this option as to the Unvested Shares (in addition to the Vested Shares) if simultaneously with such exercise the Participant enters into a Stock Restriction Agreement with the Company in the form attached hereto as Exhibit A (the “Stock Restriction Agreement”). The Stock Restriction Agreement provides that the Unvested Shares shall be subject to a right of repurchase (the “Purchase Option”) in favor of the Company in the event that the Participant ceases to be an employee of the Company, as that term is defined in the Plan.
Early Exercise. The Optionee acknowledges that this is an early exercise of the Option with regard to 13,333 Shares and that in the event that the Optionee should terminate Employment prior to the dates indicated below, notwithstanding any other provisions hereto, the Company shall have the option to purchase such Shares at the Option Price. The Company may pay such purchase price by offsetting such amount against the amount then due under the Purchase Note. The Company may exercise such option at any time within thirty days following such termination of Employment. THROUGH DATE SHARES SUBJECT TO COMPANY REPURCHASE OPTION 6/8/01 13,333 6/8/02 6,667
Early Exercise. In the event of, at any time during the Exercise Period, a Change in Control (as defined below), the Company shall provide to the Holder ten (10) days advance written notice of such Change in Control, and this Warrant shall automatically be exercised pursuant to Section 2.1 immediately prior to the date of such Change in Control. For purposes of this Warrant, a “Change in Control” shall mean and be deemed to be occasioned by, and to include, (A) Sale of the Company (as defined in the Voting Agreement), or (B) any voluntary or involuntary liquidation, dissolution or winding up of the Company. Notwithstanding the above, a preferred share financing or incorporation transaction for purposes of changing the Company’s state of organization shall not be deemed a Change in Control transaction.
Early Exercise. You shall have the right to exercise the Initial Equity Award and the Follow-on Equity Award early, subject to entering into a restricted shares agreement as directed by the Parent; provided, however, that the shares acquired by exercise of the Initial Equity Award or the Follow-on Equity Award, as applicable, that is not vested shall be subject to the same vesting schedule that applied to the Initial Equity Award and the Follow-on Equity Award, as applicable, so that on termination of employment, any shares that has not become vested may be repurchased, at the Company’s discretion, on payment of the lesser of (A) the amount paid by you for such shares, or (B) the then fair market value of such shares.
Early Exercise. The Option may, but need not, include a provision whereby the Optionee may elect at any time while an Employee or Consultant to exercise the Option as to any part or all of the shares subject to the Option prior to the full vesting of the Option. Any unvested shares so purchased may be subject to a repurchase right in favor of the Company or to any other restriction the Board determines to be appropriate.
Early Exercise. This Option may be exercised at any time prior to vesting, provided, that until such time as the Option Shares are fully vested in accordance with the terms of this Agreement such Option Shares shall remain subject to the additional restrictions applicable to unvested Option Shares described herein and in the Plan. 2/8
Early Exercise. Subject to the conditions of this Section 4, Optionee may elect during such time as Optionee is employed by the Company, to exercise all such Options or any part thereof, prior to such time as the Options are vested as set forth above, provided however that: (i) a partial exercise shall be deemed to cover vested shares of Common Stock first and then the earliest installment of unvested shares of Common Stock; and (ii) any unvested Common Stock purchased shall be subject to the repurchase right as set forth below:
(A) The Company shall have an option to repurchase (“Early Exercise Repurchase Option”) any unvested Common Stock owned by the Optionee or his or her heirs, legal representatives, successors or assigns by way of an option granted hereunder. The Early Exercise Repurchase Option must be exercised, if at all, by the Company within sixty (60) days after the date of Optionee’s termination of employment with the Company, upon notice (“Notice”) to the Optionee or his or her heirs, legal representatives, successors or assigns, in conformance with Section 12. The purchase price to be paid for the shares of Common Stock subject to the Early Exercise Repurchase Option shall be the exercise price. The Company’s Early Exercise Repurchase Option shall only apply to shares of Common Stock underlying options which would not have vested at the time of repurchase, had the options not been exercised by the Optionee.
(B) Any unvested shares of Common Stock issued pursuant to an exercise of an option hereunder shall contain the following legend condition in addition to any other applicable legend condition:
