Stock Option Vesting. Unless otherwise decided by the Board of Directors, all option grants to employees shall vest over a four-year period with 25% of the shares subject to each option vesting a year after commencement of employment and the remainder of the shares vesting in equal amounts on a monthly basis thereafter.
Appears in 7 contracts
Samples: Investor Rights Agreement (Fluidigm Corp), Investor Rights Agreement (Fluidigm Corp), Series E Preferred Stock Purchase Agreement (Fluidigm Corp)
Stock Option Vesting. Unless otherwise decided by the Board of Directors, all option grants to employees and consultants of the Company made after the date of this Agreement shall vest over a four-four year period with 25% of the shares subject to each option vesting a year after the vesting commencement of employment date and the remainder of the shares vesting in equal amounts on a monthly monthly, quarterly or annual basis thereafter.
Appears in 3 contracts
Samples: Investors’ Rights Agreement (Raindance Technologies Inc), Investors’ Rights Agreement (Adamas Pharmaceuticals Inc), Investors’ Rights Agreement (Adamas Pharmaceuticals Inc)
Stock Option Vesting. Unless otherwise decided Except as expressly approved by a majority of the non-employee members of the Board of Directors, all option grants options issued to employees pursuant to the Company’s stock option plan shall vest over a be granted with four-year period vesting, with 25% of the shares subject to each option options vesting a year after commencement on the first anniversary from the date of employment grant and the remainder of the shares vesting in equal amounts on a monthly basis thereafterinstallments after the first anniversary until fully vested as of the fourth anniversary form the date of the grant.
Appears in 2 contracts
Samples: Investors’ Rights Agreement (Smartsheet Inc), Investors’ Rights Agreement (Smartsheet Inc)