Common use of Vesting of Option Shares Clause in Contracts

Vesting of Option Shares. Shares with respect to which this Option is vested at a given time pursuant to the Vesting Schedule set forth in the Grant Notice are “Vested Shares.” Shares with respect to which this Option is not vested at a given time pursuant to the Vesting Schedule set forth in the Grant Notice are “Unvested Shares.”

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement (Accolade, Inc.), Stock Option Agreement (Grail, Inc.), Stock Option Agreement (Grail, Inc.)

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Vesting of Option Shares. Shares with respect to which this Option is vested and exercisable at a given time pursuant to the Vesting Schedule set forth in the Grant Notice are “Vested Shares.” Shares with respect to which this Option is not vested and exercisable at a given time pursuant to the Vesting Schedule set forth in the Grant Notice are “Unvested Shares.”

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Accolade, Inc.), Stock Option Agreement (Par Technology Corp)

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