Common use of Time-Based Vesting Clause in Contracts

Time-Based Vesting. A portion of the Option equal to 7,750 shares of each class of Common Stock (the “Time-Vested Option”) shall vest and become exercisable on the dates and in the cumulative percentages provided in the table below (which percentages shall apply equally with respect to the Class A Common Stock and the Class B Common Stock subject to the Time-Vested Option), provided, with respect to each vesting date, that the Participant has not experienced a Termination prior to such date. There shall be no proportionate or partial vesting in the periods prior to each vesting date. September 21, 2016 25 % September 21, 2017 50 % September 21, 2018 75 % September 21, 2019 100 %

Time-Based Vesting. A portion of the Option equal to 7,750 5,000 shares of each class of Common Stock (the “Time-Vested Option”) shall vest and become exercisable on the dates and in the cumulative percentages provided in the table below (which percentages shall apply equally with respect to the Class A Common Stock and the Class B Common Stock subject to the Time-Vested Option), provided, with respect to each vesting date, that the Participant has not experienced a Termination prior to such date. There shall be no proportionate or partial vesting in the periods prior to each vesting date. September 21November 2, 2016 25 % September 21November 2, 2017 50 % September 21November 2, 2018 75 % September 21November 2, 2019 100 %

Time-Based Vesting. A portion of the Option equal to 7,750 5,000 shares of each class of Common Stock (the “Time-Vested Option”) shall vest and become exercisable on the dates and in the cumulative percentages provided in the table below (which percentages shall apply equally with respect to the Class A Common Stock and the Class B Common Stock subject to the Time-Vested Option), provided, with respect to each vesting date, that the Participant has not experienced a Termination prior to such date. There shall be no proportionate or partial vesting in the periods prior to each vesting date. September August 21, 2016 25 % September August 21, 2017 50 % September August 21, 2018 75 % September August 21, 2019 100 %