Common use of Initial Grant Clause in Contracts

Initial Grant. Concurrent with the commencement of your employment with the Company, you will be granted multiple options to purchase shares of common stock of the Company (“Company Common Stock”) as follows, each under the terms and conditions of a Non-Qualified Stock Option Agreement (each an “Option”): * FMV = the price of a share of RKDA common stock at close of market on the date of grant, which will be the Effective Date; if FMV is greater than the listed strike price on the date of grant, such strike price shall be increased to reflect FMV. Each Option shall vest and become exercisable in accordance with the schedule below: · 25% of the shares subject to the Option will be fully vested and exercisable effective as of the first anniversary of the Effective Date (the “Initial Vesting Date”), subject to your continued service through the Initial Vesting Date, and; · 75% of the shares subject to the Option will vest and become exercisable in 36 equal monthly installments following the Initial Vesting Date, with the first such monthly vesting date taking place on September 30, 2017 and subsequent vesting dates on the last day of the next 35 months thereafter (with the last vesting date on August 31, 2020), subject to your continued service through the applicable vesting date.

Initial Grant. Concurrent with the commencement of your employment with the Company, you will be granted multiple options an option to purchase shares of common stock of the Company (“Company Common Stock”) as follows, each under the terms and conditions of a Non-Qualified Stock Option Agreement (each an “Option”): * FMV = the price of a share of RKDA common stock at close of market on the date of grant, which will be the Effective Date; if FMV is greater than the listed strike price on the date of grant, such strike price shall be increased to reflect FMV. Each Your Option shall vest and become exercisable in accordance with the schedule below: · • 25% of the shares subject to the Option will be fully vested and exercisable effective as of the first anniversary of the Effective Date (the “Initial Vesting Date”), subject to your continued service through the Initial Vesting Date, and; · • 75% of the shares subject to the Option will vest and become exercisable in 36 equal monthly installments following the Initial Vesting Date, with the first such monthly vesting date taking place on September 30April 19, 2017 2019 and subsequent vesting dates on the last day of the next 35 months thereafter (with the last vesting date on August 31March 19, 20202022), subject to your continued service through the applicable vesting date.

Initial Grant. Concurrent with the commencement of your employment with the Company, you will be granted multiple options to purchase shares of common stock of the Company (“Company Common Stock”) as follows, each under the terms and conditions of a Non-Qualified Stock Option Agreement (each an “Option”): 000 Xxxxxxxx Xxxxx ● Suite 105 ● Davis, CA 95618 ● Tel: 000-000-0000● Fax: 000-000-0000 ● Web: xxx.xxxxxxxxxx.xxx * FMV = the price of a share of RKDA common stock at close of market on the date of grant, which will be the Effective Date; if FMV is greater than the listed strike price on the date of grant, such strike price shall be increased to reflect FMV. Each Option shall vest and become exercisable in accordance with the schedule below: · 25% of the shares subject to the Option will be fully vested and exercisable effective as of the first anniversary of the Effective Date (the “Initial Vesting Date”), subject to your continued service through the Initial Vesting Date, and; · 75% of the shares subject to the Option will vest and become exercisable in 36 equal monthly installments following the Initial Vesting Date, with the first such monthly vesting date taking place on September 30May 31, 2017 and subsequent vesting dates on the last day of the next 35 months thereafter (with the last vesting date on August 31April 30, 20202019), subject to your continued service through the applicable vesting date.

Initial Grant. Concurrent with the commencement of your employment with the Company, you will be granted multiple options to purchase shares of common stock of the Company (“Company Common Stock”) as follows, each under the terms and conditions of a Non-Qualified Stock Option Agreement (each an “Option”): * FMV = the price of a share of RKDA common stock at close of market on the date of grant, which will be the Effective Date; if FMV is greater than the listed strike price on the date of grant, such strike price shall be increased to reflect FMV. Each Option shall vest and become exercisable in accordance with the schedule below: · • 25% of the shares subject to the Option will be fully vested and exercisable effective as of the first anniversary of the Effective Date (the “Initial Vesting Date”), subject to your continued service through the Initial Vesting Date, and; · • 75% of the shares subject to the Option will vest and become exercisable in 36 equal monthly installments following the Initial Vesting Date, with the first such monthly vesting date taking place on September 30May 31, 2017 and subsequent vesting dates on the last day of the next 35 months thereafter (with the last vesting date on August 31April 30, 2020), subject to your continued service through the applicable vesting date.

Initial Grant. Concurrent with the commencement of your employment with the Company, you will be granted multiple options to purchase shares of common stock of the Company (“Company Common Stock”) as follows, each under the terms and conditions of a Non-Qualified Stock Option Agreement (each an “Option”): 000 Xxxxxxxx Xxxxx ● Suite 105 ● Davis, CA 95618 ● Tel: 000-000-0000● Fax: 000-000-0000 ● Web: xxx.xxxxxxxxxx.xxx * FMV = the price of a share of RKDA common stock at close of market on the date of grant, which will be the Effective Date; if FMV is greater than the listed strike price on the date of grant, such strike price shall be increased to reflect FMV. Each Option shall vest and become exercisable in accordance with the schedule below: · 25% of the shares subject to the Option will be fully vested and exercisable effective as of the first anniversary of the Effective Date (the “Initial Vesting Date”), subject to your continued service through the Initial Vesting Date, and; · 75% of the shares subject to the Option will vest and become exercisable in 36 equal monthly installments following the Initial Vesting Date, with the first such monthly vesting date taking place on September 30May 31, 2017 and subsequent vesting dates on the last day of the next 35 months thereafter (with the last vesting date on August 31April 30, 2020), subject to your continued service through the applicable vesting date.