Vested Ratio. On the 60th day following the end of the first successive four fiscal quarters of the Company in which the Company achieves EBITDA of $[***]. 1/3 On the 60th day following the end of the first successive four fiscal quarters of the Company in which the Company achieves EBITDA of $[***], an additional 1/3 On the 60th day following the end of the first successive four fiscal quarters of the Company in which the Company achieves EBITDA of $[***], an additional 1/3
Vested Ratio. For each full month of the Participant’s continuous Service from Vesting Commencement Date until the Vested Ratio equals 1/1, an additional 1/48 Notwithstanding any provision of [Title and Date of Employment Agreement] (the “Employment Agreement”) to the contrary, the Option shall not vest on an accelerated basis upon a Change in Control or a termination following a Change in Control as provided in the Employment Agreement. However, (1) in the event that prior to full vesting in the Option the Participant is terminated without “Cause” or the Participant resigns for “Good Reason” (each as defined in the Employment Agreement) within six (6) months following a Change in Control and provided that the Participant delivers an effective and enforceable general release to the Company in accordance with the terms of the Employment Agreement (and satisfies any other conditions related to the accelerated vesting of equity awards in such Employment Agreement), the Option to the extent outstanding and unvested shall vest in full and (2) in the event that prior to full vesting in the Option the Participant is terminated without “Cause” or the Participant resigns for “Good Reason” (each as defined in the Employment Agreement) other than within six (6) months following a Change in Control and provided that the Participant delivers an effective and enforceable general release to the Company in accordance with the terms of the Employment Agreement (and satisfies any other conditions related to the accelerated vesting of equity awards in such Employment Agreement), the Participant shall vest in the following additional Number of Option Shares: for each monthly anniversary following such termination of the Vesting Commencement Date, 1/48 of the Number of Option Shares until the earlier of the end of the Severance Term (as defined in the Employment Agreement) or full vesting in the Option. The number of Vested Shares shall be increased by any additional shares that vest pursuant to the foregoing provisions. All defined terms in this Notice of Grant shall have the meaning assigned to them in this Notice of Grant, the Stock Option Agreement or in the Plan. By their signatures below or by electronic acceptance or authentication in a form authorized by the Company, the Company and the Participant agree that the Option is governed by this Grant Notice and by the provisions of the Plan and the Stock Option Agreement, both of which are made a part of this document. The Participant re...
Vested Ratio. Prior to Initial Vesting Date 0 On Initial Vesting Date, provided 1/3 the Optionee's Service is continuous from the Date of Option Grant until the Initial Vesting Date For each full year of the 1/3 Optionee's continuous Service from the Initial Vesting Date until the Vested Ratio equals 1/1, an additional
Vested Ratio. Prior to first anniversary of Vesting Start Date 0 On first anniversary of Vesting Start Date (the “Initial Vesting Date”) 1/4
Vested Ratio. (ii) Prior to Initial Vesting Date 0 On Initial Vesting Date, 1/4 provided the Optionee has continuously served as a director of the Company from the date the Option was granted until the Initial Vesting Date.
Vested Ratio. On the Grant Date On the Initial Vesting Date Plus: For each month of the Optionee's continuous Service from the Initial Vesting Date until the Vested Ratio equals 1/1, an additional By their signatures below, the Company and the Optionee agree that the Option is governed by this Notice and by the provisions of the Plan and the Stock Option Agreement. A copy of the Stock Option Agreement is attached to and made a part of this document. The Optionee acknowledges receipt of a copy of the Stock Option Agreement, represents that the Optionee has read and is familiar with the Plan and the provisions of the Stock Option Agreement, and hereby accepts the Option subject to all of their terms and conditions. SCOLR Pharma, Inc. OPTIONEE By: ______________________________ _______________________________ Signature Its: _____________________________ ________________________________ Date Address: _________________________ ________________________________ Address __________________________________ ________________________________ ATTACHMENTS: Stock Option Agreement and Exercise Notice
Vested Ratio. Prior to ______ anniversary of Vesting Start Date 0 On _____ anniversary of Vesting Start Date (the “Initial Vesting Date”) ___
Vested Ratio. Prior to _____ anniversary of Vesting Start Date 0 On ______ anniversary of Vesting Start Date (the “Initial Vesting Date”) ____ Plus For each additional period of ________ of the Participant’s Service from the Initial Vesting Date until the Vested Ratio equals 1/1, an additional ____ Accelerated Vesting: Notwithstanding any other provision contained in this Grant Notice or the Restricted Stock Units Agreement, the total Number of Units shall become Vested Units immediately prior to, but conditioned upon, the consummation of a Change in Control, provided that the Participant’s Service has not terminated prior to the date of the Change in Control. Superseding Agreement: None By their signatures below or by electronic acceptance or authentication in a form authorized by the Company, the Company and the Participant agree that the Award is governed by this Grant Notice and by the provisions of the Restricted Stock Units Agreement and the Plan, both of which are made a part of this document, and by the Superseding Agreement, if any. The Participant acknowledges that copies of the Plan, the Restricted Stock Units Agreement and the prospectus for the Plan are available on the Company’s internal web site and may be viewed and printed by the Participant for attachment to the Participant’s copy of this Grant Notice. The Participant represents that the Participant has read and is familiar with the provisions of the Restricted Stock Units Agreement and the Plan, and hereby accepts the Award subject to all of their terms and conditions. Q2 HOLDINGS, INC. PARTICIPANT By: [officer name] Signature [officer title] Date Address: Address ATTACHMENTS: 2014 Equity Incentive Plan, as amended to the Date of Grant; Restricted Stock Units Agreement and Plan Prospectus
Vested Ratio. Prior to Initial Vesting Date 0% On Initial Vesting Date, provided the Participant’s Service has not terminated prior to such date 33% On each subsequent anniversary of the Initial Vesting Date, provided the Participant’s Service has not terminated prior to such date 33% By their signatures below, the Company and the Participant agree that the Award is governed by this Grant Notice and by the provisions of the Plan and the Restricted Stock Agreement attached to and made a part of this document. The Participant acknowledges receipt of a copy of the Plan and the Restricted Stock Agreement, and represents that the Participant has read and is familiar with the provisions of the Plan, this Grant Notice and the Restricted Stock Agreement, and hereby accepts the Award subject to all applicable terms and conditions. XXX, INC. PARTICIPANT By: Signature Its: Date Address Address ATTACHMENTS: XXX, Inc. 2007 Equity Incentive Plan, Restricted Stock Agreement; Joint Escrow Instructions; Assignment Separate from Certificate XXX, INC. TIME SENSITIVE MATERIAL YOUR IMMEDIATE ATTENTION IS REQUIRED TO: [Employee Name] FROM: [Company Officer] DATE: RE: Section 83(b) Election in Connection with Your Receipt of a Restricted Stock Award YOUR RESTRICTED STOCK AWARD GRANT DATE:
Vested Ratio. For each period of 3 full months of the Participant’s Service from the Initial Vesting Date until the Vested Ratio equals 1/1, 1/16 Superseding Agreement: None By their signatures below or by electronic acceptance or authentication in a form authorized by the Company, the Company and the Participant agree that the Award is governed by this Grant Notice and by the provisions of the Restricted Stock Units Agreement and the Plan, both of which are made a part of this document, and by the Superseding Agreement, if any. The Participant acknowledges that copies of the Plan, the Restricted Stock Units Agreement and the prospectus for the Plan are posted to the participant’s online account through the Company designated stock compensation administration provider and may be viewed and printed by the Participant for attachment to the Participant’s copy of this Grant Notice. The Participant represents that the Participant has read and is familiar with the provisions of the Restricted Stock Units Agreement and the Plan, and hereby accepts the Award subject to all of their terms and conditions.
