Stock Vesting. Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) years.
Appears in 3 contracts
Samples: Investors’ Rights Agreement, Investor Rights Agreement (Nimble Storage Inc), Investor Rights Agreement (Nimble Storage Inc)
Stock Vesting. Unless otherwise approved by the Board of DirectorsBoard, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first one year following the earlier date of the date of issuance or such person’s services commencement date with the Companygrant, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the remaining next three (3) yearsyears thereafter.
Appears in 3 contracts
Samples: Investor Rights Agreement (Inozyme Pharma, Inc.), Investor Rights Agreement (Inozyme Pharma, Inc.), Investor Rights Agreement (Inozyme Pharma, Inc.)
Stock Vesting. Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, Company and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the remaining three next thirty-six (336) yearsmonths.
Appears in 3 contracts
Samples: Investors’ Rights Agreement, Investors’ Rights Agreement (Natera, Inc.), Investors’ Rights Agreement (Natera, Inc.)
Stock Vesting. Unless otherwise approved by the Company’s Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest in equal installments over the remaining three (3) years. No person shall be entitled to acceleration of vesting of such options unless otherwise approved by the Company’s Board of Directors.
Appears in 2 contracts
Samples: Investors’ Rights Agreement (Slack Technologies, Inc.), Investors’ Rights Agreement (Slack Technologies, Inc.)
Stock Vesting. Unless otherwise approved by a majority of the Company’s Board of DirectorsDirectors (including the approval of at least two of the then serving directors nominated by the holders of the Shares), all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest monthly or quarterly over the remaining three (3) years.
Appears in 2 contracts
Samples: Investors’ Rights Agreement (Varonis Systems Inc), Investors’ Rights Agreement (Varonis Systems Inc)
Stock Vesting. Unless otherwise approved by the Board of Directors, all stock options Options and other stock equivalents Common Share Equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, company; and (b) seventy-five percent (75%) of such stock shall vest ratably over the remaining three (3) years.
Appears in 2 contracts
Samples: Stockholders Agreement (TriVascular Technologies, Inc.), Stockholders Agreement (TriVascular Technologies, Inc.)
Stock Vesting. Unless otherwise approved by the Board of Directors, including the Directors designated by the holders of the Preferred Stock, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest monthly over the remaining three (3) years.
Appears in 2 contracts
Samples: Investor Rights Agreement (Instructure Inc), Investor Rights Agreement (Instructure Inc)
Stock Vesting. Unless otherwise approved by the Board of DirectorsBoard, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) % of such stock shall vest monthly over the remaining three (3) years.
Appears in 2 contracts
Samples: Investor Rights Agreement (Roka BioScience, Inc.), Investor Rights Agreement (Roka BioScience, Inc.)
Stock Vesting. Unless otherwise approved by the Board Board, including a majority of the Preferred Directors, all stock options and stock awards (other than those certain stock equivalents issued options contemplated by Section 6.15 of the Purchase Agreement) granted after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to four year vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, grant and (b) seventy-five percent (75%) % of such stock shall vest monthly over the remaining three (3) years.
Appears in 2 contracts
Samples: Investor Rights Agreement (Conatus Pharmaceuticals Inc), Investor Rights Agreement (Conatus Pharmaceuticals Inc)
Stock Vesting. Unless otherwise approved by the Board of Directors, Directors (including the representatives of the Investors) all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting that is no less favorable to the Company than as follows: (a) twenty-no more than twenty- five percent (25%) of such stock options and stock equivalents shall vest at the end of the first year following the earlier on each anniversary of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) yearsgrant.
Appears in 2 contracts
Samples: Investors' Rights Agreement (Buy Com Inc), Investors' Rights Agreement (Buy Com Inc)
Stock Vesting. Unless otherwise approved by a majority of the Board of DirectorsBoard, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting over a four year period as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Companycompany, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) years.
Appears in 2 contracts
Samples: Investor Rights Agreement (Revance Therapeutics, Inc.), Investor Rights Agreement (Revance Therapeutics, Inc.)
Stock Vesting. Unless otherwise approved by the Board of DirectorsBoard, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, Company and (b) seventy-five percent (75%) % of such stock shall vest over the remaining three (3) years.
Appears in 2 contracts
Samples: Investor Rights Agreement (Metacrine, Inc.), Investor Rights Agreement (Metacrine, Inc.)
Stock Vesting. Unless otherwise approved by the Board of Directors, including a majority of the Preferred Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) years.such
Appears in 2 contracts
Samples: Investor Rights Agreement (Bellicum Pharmaceuticals, Inc), Investor Rights Agreement (Bellicum Pharmaceuticals, Inc)
Stock Vesting. Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest monthly over the remaining three (3) years.
Appears in 1 contract
Samples: Investor Rights Agreement (Ariosa Diagnostics, Inc.)
Stock Vesting. Unless otherwise approved by the Board of DirectorsBoard, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: :
(a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Companycompany, and (b) seventy-five percent (75%) of such stock shall vest monthly over the remaining three (3) years.
Appears in 1 contract
Samples: Investor Rights Agreement
Stock Vesting. Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest at the end of the first year 12 months following the earlier of the date of issuance or such person’s services commencement date with the Companycompany, and (b) seventy-five percent (75%) % of such stock shall vest in equal monthly installments over the remaining three (3) yearsfollowing 36 months.
Appears in 1 contract
Stock Vesting. Unless otherwise approved by the Board of DirectorsDirectors (including the directors elected by the holders of Shares), all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) years.
Appears in 1 contract
Samples: License and Sublicense Agreement (ARCA Biopharma, Inc.)
Stock Vesting. Unless otherwise approved by the Board of DirectorsBoard, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) years.
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Stock Vesting. Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (ai) twenty-five percent (25%) % of such stock shall vest at the end of the first year following the earlier later of the date of issuance or such person’s 's services commencement date with the Company, and (bii) seventy-five percent (75%) % of such stock shall vest over the remaining three (3) years.shall
Appears in 1 contract
Stock Vesting. Unless otherwise approved by the Board of DirectorsBoard, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) % of such stock shall vest over the remaining following three (3) 3 years.
Appears in 1 contract
Samples: Investors’ Rights Agreement (Power Medical Interventions, Inc.)
Stock Vesting. Unless otherwise approved by at least a majority of the disinterested non-officer members of the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employeesfounders, management, directors, or consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of (i) the grant date of issuance such option or other stock equivalent, or (ii) such person’s services commencement date with the Company, and (b) the remaining seventy-five percent (75%) of such stock shall vest pro rata monthly over the remaining three (3) years.
Appears in 1 contract
Stock Vesting. Unless otherwise approved by the Board of DirectorsBoard, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) % of such stock shall vest over the remaining next three (3) yearsyears on a pro rata basis each month thereafter.
Appears in 1 contract
Samples: Investor Rights Agreement (Turning Point Therapeutics, Inc.)
Stock Vesting. Unless otherwise approved by the Board of DirectorsBoard, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Companycompany, and (b) seventy-five percent (75%) of such stock shall vest monthly over the remaining three (3) years.
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Stock Vesting. Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to five (5) year vesting as follows: :
(a) twenty-five twenty percent (2520%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Companyissuance, and (b) seventy-five eighty percent (7580%) of such stock shall vest monthly over the remaining three four (34) years.
Appears in 1 contract
Stock Vesting. Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents that are issued after the date of this Agreement Effective Date to employees, directors, consultants consultants, and other service providers shall will be subject to vesting as follows: (a) twenty-five percent (25%) % of such stock shall will vest at the end of on the first year following the earlier of the date of issuance or such person’s services vesting commencement date with anniversary, as determined by the CompanyBoard of Directors, which will not be earlier than the first anniversary of such employee’s first day as a Company employee and (b) seventy-five percent (75%) % of such stock shall will vest over the remaining three (3) years.
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Stock Vesting. Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: :
(a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) years.
Appears in 1 contract
Samples: Investor Rights Agreement
Stock Vesting. Unless otherwise approved unanimously by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest monthly over the remaining three (3) years.
Appears in 1 contract
Samples: Investor Rights Agreement (Zagg INC)
Stock Vesting. Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers employees shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, Company and (b) seventy-five percent (75%) of such stock shall vest monthly over the remaining three thirty-six (336) yearsmonths.
Appears in 1 contract
Stock Vesting. Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) 12.5% of such stock shall vest at the end of the first year six months following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) 87.5% of such stock shall vest on a monthly basis over the remaining three (3) years42 months thereafter.
Appears in 1 contract
Samples: Investor Rights Agreement
Stock Vesting. Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (ai) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s 's services commencement date with the Company, and (bii) seventy-five percent (75%) % of such stock shall vest monthly over the remaining three (3) years.
Appears in 1 contract
Stock Vesting. Unless otherwise approved by the Board of DirectorsBoard, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) yearsyears in equal annual installments.
Appears in 1 contract
Stock Vesting. Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: :
(a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) years.the
Appears in 1 contract
Samples: Common Stock and Warrant Purchase Agreement (Internap Network Services Corp/Wa)
Stock Vesting. Unless otherwise approved by the Board of Directors (including the Preferred Stock Directors), all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: four (a4) year vesting period, with twenty-five percent (25%) of such stock shall vest at the end vesting on each anniversary of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) years.
Appears in 1 contract
Stock Vesting. Unless otherwise approved by the Board of Directors, including at least two of the Preferred Director Representatives then in office, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or or, solely in the case of an initial grant upon commencement of services, such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the remaining three (3) years. The Company shall retain a right of first refusal on transfers of Common Stock until the Company’s initial public offering and the right to repurchase unvested shares at cost.
Appears in 1 contract
Samples: Investors’ Rights Agreement (Acelrx Pharmaceuticals Inc)
Stock Vesting. Unless otherwise approved by the Board of Directorsor the Compensation Committee if the Board designates it such authority, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) % of such stock shall vest over the remaining three (3) years36 months in monthly installments.
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Stock Vesting. Unless otherwise approved by the Board of Directors, including at least three (3) of four (4) directors elected solely by holders of a series of Preferred Stock, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers employees shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or or, solely in the case of an initial grant upon commencement of services, such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the remaining three (3) years.
Appears in 1 contract
Samples: Investor Rights Agreement (Kythera Biopharmaceuticals Inc)
Stock Vesting. Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (ai) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Companycompany, and (bii) seventy-five percent (75%) of such stock shall vest ratably over the remaining three (3) yearsyears on a monthly basis.
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Stock Vesting. Unless otherwise approved by the Board of Directors, including at least one of the directors elected solely by the holders of Series Preferred, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to four year vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the Company, and (b) seventy-five percent (75%) % of such stock shall vest in equal monthly installments over the remaining subsequent three (3) years.
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