Common use of Unvested and Vested Shares Clause in Contracts

Unvested and Vested Shares. Shares that are vested pursuant to the schedule set forth in Section 5.2 below are "VESTED SHARES." Shares that are not vested pursuant

Unvested and Vested Shares. Shares that are vested pursuant to the schedule set forth in this Section 5.2 below 3.2 are "VESTED SHARES“Vested Shares." ” Shares that are not vested pursuantpursuant to the schedule set forth in this Section 3.2 are “Unvested Shares.” Unvested Shares may not be sold or otherwise transferred by Participant without the Company’s prior written consent. On the Effective Date all of the Shares will be Unvested Shares.

Unvested and Vested Shares. Shares that are vested pursuant to the schedule set forth in Section 5.2 below are "VESTED SHARES." Shares that are not vested pursuantpursuant 2 9 to the schedule set forth in Section 5.2 are "UNVESTED SHARES." The number of Shares that are Vested Shares or Unvested Shares will be proportionally adjusted for any stock split or similar change in the capital structure of the Company.

Unvested and Vested Shares. Shares that are vested pursuant to the schedule set forth in this Section 5.2 below 5.1 are "VESTED SHARES." Shares that are not vested pursuantpursuant to the schedule set forth in this Section 5.1 are "UNVESTED SHARES." Unvested Shares may not be sold or otherwise transferred by Purchaser without the Company's prior written consent. On the Effective Date all of the Shares will be Unvested Shares. Except as otherwise provided in the