Common use of Termination of the Repurchase Right Clause in Contracts

Termination of the Repurchase Right. The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Paragraph C.2 herein. In addition, the Repurchase Right shall terminate and cease to be exercisable with respect to any and all Common Shares in which Stockholder vests in accordance with the following vesting schedule (the "Vesting Schedule"): Thirty percent (30%) of the Common Shares shall not be subject to the Company's Repurchase Right. Stockholder shall acquire a vested interest in and the Company's Repurchase Right will accordingly lapse with respect to the remaining seventy percent (70%) of the Common Shares ("Unvested Shares") in successive equal monthly installments upon Stockholder's completion of each of the twenty-four (24) months of Service measured from and after May 13, 1999 (the "Vesting Date").

Termination of the Repurchase Right. The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Paragraph C.2 herein. In addition, the Repurchase Right shall terminate and cease to be exercisable with respect to any and all Common Shares in which Stockholder vests in accordance with the following vesting schedule (the "Vesting Schedule"): Thirty percent (30%) of the Common Shares shall not be subject to the Company's Repurchase Right. Stockholder shall acquire a vested interest in and the Company's Repurchase Right will accordingly lapse with respect to the remaining seventy percent (70%) of the Common Shares ("Unvested Shares") in successive equal monthly installments upon Stockholder's completion of each of the twenty-four (24) months of Service measured from and after May 13, 1999 (the "Vesting Date").

Termination of the Repurchase Right. The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Paragraph C.2 herein. In addition, the Repurchase Right shall terminate and cease to be exercisable with respect to any and all Common Shares in which Stockholder vests in accordance with the following vesting schedule (the "Vesting Schedule"): Thirty percent (30%) of the Common Shares shall not be subject to the Company's Repurchase Right. Stockholder shall acquire a vested interest in and the Company's Repurchase Right will accordingly lapse with respect to the remaining seventy percent (70%) of the Common Shares ("Unvested Shares") in successive equal monthly installments upon Stockholder's completion of each of the twenty-four (24) months of Service measured from and after May 13__, 1999 (the "Vesting Date"). All Common Shares as to which the Repurchase Right lapses shall, however, remain subject to any market stand-off provisions set forth in this Agreement and to the provisions of the Co-Sale Agreement.