Common use of PERFORMANCE ACCELERATED VESTING Clause in Contracts

PERFORMANCE ACCELERATED VESTING. After the first anniversary of the Date of Xxxxx, an additional one- fifth (ignoring fractional shares) of the total number of Option Shares shall become exercisable on and after each of the following events: (a) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $4.00; (b) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $5.00; (c) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $6.50; and (d) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $8.00.

PERFORMANCE ACCELERATED VESTING. After the first anniversary of the Date of XxxxxGrant, an additional one- one-fifth (ignoring fractional sharessharxx) of xf the total number of Option Shares shall become exercisable on and after each of the following events: (a) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $4.00; (b) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $5.00; (c) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $6.50; and (d) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $8.00.

PERFORMANCE ACCELERATED VESTING. After the first anniversary of the Date of Xxxxx, an additional one- one-fifth (ignoring fractional shares) of the total number of Option Shares shall become exercisable on and after each of the following events: (a) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $4.0020.00; (b) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $5.0025.00; (c) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $6.5032.50; and (d) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $8.0040.00.

PERFORMANCE ACCELERATED VESTING. After the first anniversary of the Date of Xxxxx, an additional one- one-fifth (ignoring fractional shares) of the total number of Option Shares shall become exercisable on and after each of the following events: (a) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $4.00; (b) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $5.00; (c) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $6.50; and (d) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $8.00.

PERFORMANCE ACCELERATED VESTING. After the first anniversary of the Date of XxxxxGxxxx, an additional one- one-fifth (ignoring fractional shares) of the total number of Option Shares shall become exercisable on and after each of the following events: (a) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $4.0020.00; (b) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $5.0025.00; (c) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $6.5032.50; and (d) on and after the twentieth consecutive trading day that the Closing Price is equal to or greater than $8.0040.00.