Common use of Release of Shares From Repurchase Option Vesting Clause in Contracts

Release of Shares From Repurchase Option Vesting. (a) All of the Shares purchased pursuant to this Agreement shall be released from the Repurchase Option (sometimes hereafter referred to as "vest" or "vesting") on January 1, 2002. (b) Any of the Shares which have not yet been released from the Company's Repurchase Option are referred to herein as "Unvested Shares." (c) In the event that Purchaser's relationship as a Service Provider with the Company shall terminate prior to the vesting of all Shares purchased under this Agreement all Unvested Shares shall cease to vest pursuant to this Agreement.

Release of Shares From Repurchase Option Vesting. (a) All of the Shares purchased pursuant to this Agreement shall be released from the Repurchase Option (sometimes hereafter referred to as "“vest" ” or "“vesting"”) on January July 1, 20022003. (b) Any of the Shares which have not yet been released from the Company's ’s Repurchase Option are referred to herein as "“Unvested Shares."” (c) In the event that Purchaser's ’s relationship as a Service Provider with the Company shall terminate prior to the vesting of all Shares purchased under this Agreement all Unvested Shares shall cease to vest pursuant to this Agreement.

Release of Shares From Repurchase Option Vesting. (a) All of the Shares purchased pursuant to this Agreement shall be released from the Repurchase Option (sometimes hereafter referred to as "vest" or "vesting") on January 1, 2002, provided that if the Consulting Agreement, dated as of the date hereof, between the Purchaser and the Company (the "Consulting Agreement") is terminated on June 30, 2001 in accordance with its terms, then 37,500 Shares shall vest on June 30, 2001. (b) Any of the Shares which have not yet been released from the Company's Repurchase Option are referred to herein as "Unvested Shares." (c) In the event that Purchaser's relationship as a Service Provider with the Company shall terminate prior to the vesting of all Shares purchased under this Agreement all Unvested Shares shall cease to vest pursuant to this Agreement.