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 Section 4(b) hereof. In addition, the Repurchase Right shall terminate and cease to be exercisable with respect to any and all Purchased Shares in which Optionee vests in accordance with the following Vesting Schedule: (i) Upon Optionee's completion of one (1) year of Service measured from [_____________], Optionee shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, _____________ percent (_____%) of the Purchased Shares. (ii) Optionee shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the remaining Purchased Shares in a series of _____________ (__) successive equal monthly installments upon Optionee's completion of each additional month of Service over the ____________ (__) month period measured from the initial vesting date under subparagraph (i) above.

Termination of the Repurchase Right. The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 4(b) hereofParagraph C.2. In addition, the Repurchase Right shall terminate and cease to be exercisable with respect to any and all Purchased Shares in which Optionee Participant vests in accordance with the following Vesting Schedule: (i) Upon Optionee's Participant’s completion of one (1) year of Service measured from [_____________]_, Optionee _______, Participant shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, _____________ twenty-five percent (_____25%) of the Purchased Shares. (ii) Optionee Participant shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the remaining Purchased Shares in a series of _____________ thirty six (__36) successive equal monthly installments upon Optionee's Participant’s completion of each additional month of Service over the ____________ thirty-six (__) month 36)-month period measured from the initial vesting date under subparagraph (i) above.

Termination of the Repurchase Right. The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 4(b) hereofParagraph C.2. In addition, the Repurchase Right shall terminate and cease to be exercisable with respect to any and all Purchased Shares in which Optionee Participant vests in accordance with the following Vesting Schedule: (i) Upon Optionee's Participant’s completion of one (1) year of Service measured from [_________, 199____], Optionee Participant shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, _____________ twenty-five percent (_____25%) of the Purchased Shares. (ii) Optionee Participant shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the remaining Purchased Shares in a series of _____________ thirty six (__36) successive equal monthly installments upon Optionee's Participant’s completion of each additional month of Service over the ____________ thirty-six (__) month 36)-month period measured from the initial vesting date under subparagraph (i) above.

Termination of the Repurchase Right. The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 4(b) hereofParagraph 10. In addition, the Repurchase Right shall terminate and cease to be exercisable with respect to any and all Purchased Shares in which Optionee Participant vests in accordance with the following Vesting Schedule: (ia) Upon Optionee's Participant’s completion of one (1) year of Service measured from [_____________]the Issuance Date, Optionee Participant shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, _____________ twenty-five percent (_____25%) of the Purchased Shares. (iib) Optionee Participant shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the remaining Purchased Shares in a series of _____________ thirty six (__36) successive equal monthly installments upon Optionee's Participant’s completion of each additional month of Service over the ____________ thirty-six (__) month 36)-month period measured from the initial vesting date under subparagraph (ia) above.

Termination of the Repurchase Right. The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 4(b) hereofParagraph C.2. In addition, the Repurchase Right shall terminate and cease to be exercisable with respect to any and all Purchased Shares in which Optionee Participant vests in accordance with the following Vesting Schedule: (ia) [Upon Optionee's Participant’s completion of one (1) year of Service measured from [_____________], Optionee 20 , Participant shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, _____________ twenty-five percent (_____25%) of the Purchased Shares.] (iib) Optionee [Participant shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the remaining Purchased Shares in a series of _____________ thirty-six (__36) successive equal monthly installments upon Optionee's Participant’s completion of each additional month of Service over the ____________ thirty-six (__) month 36)-month period measured from the initial vesting date under subparagraph (i) above.]

Termination of the Repurchase Right. The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Section 4(b) hereofParagraph C.2. In addition, the Repurchase Right shall terminate and cease to be exercisable with respect to any and all Purchased Shares in which Optionee Participant vests in accordance with the following Vesting Schedule: (i) Upon Optionee's Participant’s completion of one (1) year of Service measured from [_____________], Optionee , Participant shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, _____________ twenty-five percent (_____25%) of the Purchased Shares. (ii) Optionee Participant shall acquire a vested interest in, and the Repurchase Right shall lapse with respect to, the remaining Purchased Shares in a series of _____________ thirty-six (__36) successive equal monthly installments upon Optionee's Participant’s completion of each additional month of Service over the ____________ thirty-six (__) month 36)-month period measured from the initial vesting date under subparagraph (i) above.