Common use of Stock Vesting Clause in Contracts

Stock Vesting. Unless otherwise approved by the Board of Directors (including a majority of the directors elected by the Preferred Stock) or a Compensation Committee thereof, 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 Company shall not permit the transfer of unvested stock by any such person prior to vesting. With respect to any shares of stock purchased by any such person, the Company's repurchase option shall provide that upon such person's termination of employment or service with the Company, with or without cause, the Company or its assignee (to the extent

Stock Vesting. Unless otherwise approved by the Board of Directors (including a majority Directors, which approval shall include the approval of the directors at least one director elected by the holders of the Preferred Stock) or a Compensation Committee thereof, 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 ’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. The Company shall not permit the transfer of unvested stock by any such person prior to vesting. With respect to any shares of stock purchased by any such person, the Company's ’s repurchase option shall provide that upon such person's ’s termination of employment or service with the Company, with or without cause, the Company or its assignee (shall have the option to the extentpurchase at cost any unvested shares of stock held by such person.

Stock Vesting. Unless otherwise approved by the Board of Directors, including the representatives designated to the Board of Directors (including a majority of the directors elected by the Preferred Stock) or a Compensation Committee thereofHolders, if any, 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) not more than 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 Companycompany, and (b) not less than seventy-five percent (75%) of such stock shall vest monthly over the remaining three (3) years. The Company shall not permit , and (c) the transfer Company’s Board of unvested stock Directors, including the representatives designated to the Board of Directors by any such person prior to vestingthe Holders, if any, may establish variable vesting schedules that are within the parameters of (a) and (b). With respect to any shares of stock purchased by any such person, the Company's ’s repurchase option shall provide that upon such person's ’s termination of employment or service with the Company, with or without cause, the Company or its assignee (to the extentextent permissible under applicable securities laws and other laws) shall have the option to purchase at cost any unvested shares of stock held by such person.

Stock Vesting. Unless otherwise approved by the Board of Directors (including a majority Directors, which includes the approval of the at least two directors elected nominated by the Preferred Stock) or a Compensation Committee thereofHolders, 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) twentyone-five percent fourth (25%1/4) 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 (bii) seventythe remaining three-five percent fourths (75%3/4) of such stock shall vest monthly over the remaining three (3) years. The Company shall not permit the transfer of unvested stock by any such person prior to vesting. With respect to any shares of stock purchased by any such person, the Company's Company will have a repurchase option that shall provide that upon such person's termination of employment or service with the Company, with or without cause, the Company or its assignee (to the extentextent permissible under applicable securities laws and other laws) shall have the option to purchase at cost any unvested shares of stock held by such person. In the event the Company does not exercise the repurchase option, the Company hereby agrees to assign such right to the Investors.

Stock Vesting. Unless otherwise approved by the Board of Directors (Directors, including the approval of a majority of the directors elected members of the Board of Directors designated by the holders of the Senior Preferred Stock) or a Compensation Committee thereof, 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 ’s services commencement date with the Companycompany, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) years. The Company shall not permit the transfer of unvested stock by any such person prior to vesting. With respect to any shares of stock purchased by any such person, the Company's ’s repurchase option shall provide that upon such person's ’s termination of employment or service with the Company, with or without cause, the Company or its assignee shall have the option to purchase at cost (to the extentand may provide for purchase at fair market value if less than cost) any unvested shares of stock held by such person.