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
Sources: Securities Agreement (Pacific DataVision, Inc.), Stock Option Agreement (REVA Medical, Inc.), Stock Option Agreement (REVA Medical, 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 Purchase Right which exceed the Vested Shares determined as of such date.
Appears in 3 contracts
Sources: Restricted Stock Purchase Agreement (SCOLR Pharma, Inc.), Stock Purchase Agreement (Saflink Corp), Restricted Stock Purchase Agreement (IdentiPHI, Inc.)
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
Sources: Nonstatutory Stock Option Agreement (Interwoven Inc), Nonstatutory Stock Option Agreement (Interwoven 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 Purchase Right which exceed the Vested Shares determined as of such date.
Appears in 1 contract
Sources: Securities Purchase Agreement (CreditCards.com, 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
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
Sources: Grant of Stock Option (Caneum 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
Sources: Securities Purchase Agreement (Rubicon Project, 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
Sources: Nonstatutory Stock Option Agreement (Power Integrations 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