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.
Appears in 5 contracts
Samples: FTC (FTC Solar, Inc.), FTC (FTC Solar, Inc.), Award Agreement (Instil Bio, Inc.)
