Common use of Vesting Exercise Clause in Contracts

Vesting Exercise. Subject to the provisions of Section 8 below, the Holder's right to exercise all or any portion of the Option and receive the shares of Common Stock represented thereby shall become immediately exercisable upon the Effective Date.

Vesting Exercise. Subject to the provisions of Section 8 below, the The Holder's right to exercise all or any portion of the Option and receive the shares of Common Stock represented thereby shall become exercisable immediately exercisable upon as of the Effective Datedate hereof.