Common use of Vesting and Right of Exercise Clause in Contracts

Vesting and Right of Exercise. (i) An Option shall vest and become exercisable with respect to one-fourth of the Shares at the first anniversary of the Vesting Commencement Date and as to one thirty-sixth of the remaining Shares subject to the Option at the end of each successive month thereafter until all of the shares subject to the Option have vested, subject to the Optionee’s Continuous Employment. (ii) In the event of the Optionee’s death, disability or other termination of employment, the Option shall be exercisable in the manner and to the extent provided in Section 6.3 of the General Terms. (iii) No fraction of a Share shall be purchasable or deliverable upon exercise, but in the event any adjustment hereunder of the number of Shares covered by the Option shall cause such number to include a fraction of a Share, such number of Shares shall be adjusted to the nearest smaller whole number of Shares.

Vesting and Right of Exercise. (i) An The Option shall vest and become exercisable with respect to one-fourth of the Shares at the first anniversary of the Vesting Commencement Date set forth in the preamble of this Agreement and as to one thirtyforty-sixth eighth of the remaining Shares subject to the Option at the end of each successive month thereafter until all of the shares subject to the Option Shares have vested, subject to the Optionee’s Continuous EmploymentService. (ii) In the event of the Optionee’s death, disability or other termination of employmentOptionee’s Continuous Service, the Option shall be exercisable in the manner and to the extent provided in Section 6.3 of the General TermsPlan. (iii) No fraction of a Share shall be purchasable or deliverable upon exerciseexercise of the Option, but in the event any adjustment hereunder of the number of Shares covered by the Option shall cause such number to include a fraction of a Share, such number of Shares shall be adjusted rounded down to the nearest smaller whole number of Shares.

Vesting and Right of Exercise. (i) An Option shall vest and become exercisable with respect to one-fourth of the Shares at the first anniversary of the Vesting Commencement Date and as to one thirty-sixth of the remaining Shares subject to the Option at the end of each successive month thereafter until all of the shares subject to the Option have vested, subject to the Optionee’s Continuous Employment. (ii) In the event of the Optionee’s death, disability or other termination of employment, the Option shall be exercisable in the manner and to the extent provided in Section 6.3 of the General TermsPlan. (iii) No fraction of a Share shall be purchasable or deliverable upon exercise, but in the event any adjustment hereunder of the number of Shares covered by the Option shall cause such number to include a fraction of a Share, such number of Shares shall be adjusted to the nearest smaller whole number of Shares.

Vesting and Right of Exercise. (i) An Option shall vest and become exercisable with respect to one-fourth of the Shares at the first anniversary of the Vesting Commencement Date and as to one thirty-sixth of the remaining Shares subject to the this Option at the end of each successive month thereafter until all of the shares subject to the this Option have vested, subject to the Optionee’s Continuous Employment. (ii) In the event of the Optionee’s death, disability or other termination of employment, the this Option shall be exercisable in the manner and to the extent provided in Section 6.3 of the General TermsPlan. (iii) No fraction of a Share shall be purchasable or deliverable upon exercise, but in the event any adjustment hereunder of the number of Shares covered by the this Option shall cause such number to include a fraction of a Share, such number of Shares shall be adjusted to the nearest smaller whole number of Shares.

Vesting and Right of Exercise. (i) An The Option shall vest and become exercisable with respect to one-fourth fifth of the Shares at the first anniversary of the Vesting Commencement Date set forth in the preamble of this Agreement and as to one thirtyone-sixth fifth of the remaining Shares subject to on each anniversary of the Option at the end of each successive month Vesting Commencement Date thereafter until all of the shares subject to the Option Shares have vested, subject to the Optionee’s Continuous EmploymentService. (ii) In the event of the Optionee’s death, disability or other termination of employmentOptionee’s Continuous Service, the Option shall be exercisable in the manner and to the extent provided in Section 6.3 of the General TermsPlan. (iii) No fraction of a Share shall be purchasable or deliverable upon exerciseexercise of the Option, but in the event any adjustment hereunder of the number of Shares covered by the Option shall cause such number to include a fraction of a Share, such number of Shares shall be adjusted rounded down to the nearest smaller whole number of Shares.