Common use of Unvested Shares Defined Clause in Contracts

Unvested Shares Defined. The “Unvested Shares” shall mean, on any given date, the number of shares of Stock acquired upon exercise of the Option which exceed the Vested Shares determined as of such date.

Appears in 6 contracts

Samples: Securities Agreement (Pacific DataVision, Inc.), Stock Option Agreement (REVA Medical, Inc.), Stock Option Agreement (REVA Medical, Inc.)

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Unvested Shares Defined. The “Unvested Shares” shall mean, on any given date, the number of shares of Stock acquired upon exercise of the Option Purchase Right which exceed the Vested Shares determined as of such date.

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement (IdentiPHI, Inc.), Restricted Stock Purchase Agreement (SCOLR Pharma, Inc.), Stock Purchase Agreement (Saflink Corp)

Unvested Shares Defined. The On any given date, “Unvested Shares” shall mean, on any given date, mean the number of shares of Stock acquired upon exercise of the Option which exceed the Vested Shares determined as of such date.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Interwoven Inc), Nonstatutory Stock Option Agreement (Interwoven Inc)

Unvested Shares Defined. The On any given date, the “Unvested Shares” shall mean, on any given date, mean the number of shares of Stock acquired upon exercise of the Option which exceed the Vested Shares determined as of such date.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Power Integrations Inc)

Unvested Shares Defined. The " Unvested Shares” Shares " shall mean, on any given date, the number of shares of Stock acquired upon exercise of the Option which exceed the Vested Shares determined as of such date.

Appears in 1 contract

Samples: Stock Option Agreement (Composite Technology Corp)

Unvested Shares Defined. The "Unvested Shares" shall mean, on any given date, the number of shares of Stock Purchased Shares acquired upon exercise of the Option which exceed the Vested number of vested Option Shares held by Optionee determined as of on such date.

Appears in 1 contract

Samples: Grant of Stock Option (Caneum Inc)

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Unvested Shares Defined. The "Unvested Shares" shall mean, on any given date, the number of shares of Stock acquired upon exercise of the Option Purchase Right which exceed the Vested Shares determined as of such date.

Appears in 1 contract

Samples: Securities Purchase Agreement (CreditCards.com, Inc.)

Unvested Shares Defined. The “Unvested Shares” shall mean, on any given date, the number of shares of Stock Shares acquired upon exercise of the Option Purchase Right which exceed the Vested Shares determined as of such date.

Appears in 1 contract

Samples: Securities Purchase Agreement (Rubicon Project, Inc.)

Unvested Shares Defined. The “Unvested Shares” shall mean, on any given date, the number of shares of Stock acquired upon exercise of the Option which Purchase Right that exceed the number of Vested Shares determined as of such date.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Zones Inc)

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