Common use of Initial Stock Option Clause in Contracts

Initial Stock Option. The stock option granted to you on May 10, 2018, covering 321,000 shares of Company common stock as of the grant date (on a pre-split basis) (the “Initial Option”), shall remain outstanding, and shall continue to vest pursuant to the terms of the applicable Option Grant Notice and Agreement between you and the Company. In addition, in the event of a Change in Control (as defined in the Company’s 2018 Incentive Award Plan, as may be amended from time to time), the Initial Option will vest with respect to one-hundred percent (100%) of the shares subject thereto as of immediately prior to the Change in Control, subject to your continued service to the Company through the closing of such Change in Control.

Initial Stock Option. The stock option options granted to you on May 1031, 20182017 and November 30, 2017, covering 321,000 175,000 and 35,000 shares of Company common stock as of the applicable grant date (on a pre-split basis) ), respectively (together, the “Initial OptionOptions”), shall each remain outstanding, and each shall continue to vest pursuant to the terms of the applicable Option Grant Notice Notices and Agreement Agreements between you and the Company. In addition, in the event of a Change in Control (as defined in the Company’s 2018 Incentive Award Plan, as may be amended from time to time), the Initial Option Options will vest with respect to one-hundred percent (100%) of the shares subject thereto as of immediately prior to the Change in Control, subject to your continued service to the Company through the closing of such Change in Control.