Common use of Safekeeping of Unvested Shares Clause in Contracts

Safekeeping of Unvested Shares. All Unvested Shares and stock dividends thereon will be held in escrow by the Company. In the event Unvested Shares are forfeited pursuant to a Repurchase Event, the dividends and distributions on such Unvested Shares will likewise be forfeited to the Company. The Company will deliver Grant Shares that have vested pursuant to the Vesting Schedule to Participant within a reasonable period of time after such Grant Shares become vested.

Safekeeping of Unvested Shares. All Unvested Shares and stock dividends thereon will be held in escrow by the Company. In the event Unvested Shares are forfeited pursuant to a Repurchase Event, the dividends and distributions on such Unvested Shares will likewise be forfeited to the Company. The Company will deliver Grant Vested Shares that have vested pursuant to the Vesting Schedule to Participant within a reasonable period of time after such Grant Shares Xxxxx Xxxxxx become vested.

Safekeeping of Unvested Shares. All Unvested Shares and stock dividends thereon will be held in escrow by the Company. In the event Unvested Shares are forfeited pursuant to a Repurchase Eventforfeited, the dividends and distributions on such Unvested Shares will likewise be forfeited to the Company. The Company will deliver Grant Vested Shares that have vested pursuant to the Vesting Schedule to Participant within a reasonable period of time after such Grant Shares Xxxxx Xxxxxx become vested.