Common use of Vesting of Shares Clause in Contracts

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: (a) this Option shall not be exercisable with respect to any of the Shares until April 27, 2001 (the "First Vesting Date"); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth (1/6th) of the Shares; and (c) thereafter this Option shall become exercisable as to an additional one thirty-sixth (1/36th) of the Shares per month thereafter, so that all of the Shares are fully vested after three years, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. This Option shall cease to vest upon Optionee's Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's Common Stock greater than the "Total Option Shares."

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: : (a) this Option shall not be exercisable with respect to any of the Shares until April 2723, 2001 2000 (the "First Vesting DateFIRST VESTING DATE"); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth (1/6th) 2.083% of the Shares; and (c) thereafter this Option shall become exercisable as to an additional one thirty-sixth (1/36th) 2.083% of the Shares per month thereafter, so that all on each monthly anniversary of the Shares are fully vested after three yearsFirst Vesting Date, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. Furthermore, in the event of a change in control of at least 50% of the voting stock of the company, in conjunction with the optionee's termination, then 50% of the unvested shares shall immediately vest. This Option shall cease to vest upon Optionee's Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's Common Stock greater than the "Total Option Shares."

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: (a) this Option shall not be exercisable with respect to any of the Shares until April 27October 30, 2001 2002 (the "“First Vesting Date"”); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth one fourth (1/6th1/4th) of the SharesShares (rounded to the nearest whole share); and (c) thereafter this Option shall become exercisable as to an additional one thirtyforty-sixth eighth (1/36th1/48th) of the Shares per month thereafter, so that all (rounded to the nearest whole share) at the end of the Shares are fully vested after three yearseach full succeeding month, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. This Option shall cease to vest upon Optionee's ’s Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's ’s Common Stock greater than the "“Total Option Shares."”

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: (a) this Option shall not be exercisable with respect to any of the Shares until April 27November 22, 2001 (the "First Vesting Date"); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth one fourth (1/6th1/4th) of the SharesShares (rounded to the nearest whole share); and (c) thereafter this Option shall become exercisable as to an additional one thirtyforty-sixth eighth (1/36th1/48th) of the Shares per month thereafter, so that all (rounded to the nearest whole share) at the end of the Shares are fully vested after three yearseach full succeeding month, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. This Option shall cease to vest upon Optionee's Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's Common Stock greater than the "Total Option Shares."

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: (a) this Option shall not be exercisable with respect to any of the Shares until April 27November 11, 2001 2005 (the "“First Vesting Date"”); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth one fourth (1/6th1/4th) of the SharesShares (rounded to the nearest whole share); and (c) thereafter this Option shall become exercisable as to an additional one thirtyforty-sixth eighth (1/36th1/48th) of the Shares per month thereafter, so that all (rounded to the nearest whole share) at the end of the Shares are fully vested after three yearseach full succeeding month, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. This Option shall cease to vest upon Optionee's ’s Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's ’s Common Stock greater than the "“Total Option Shares."”

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of the Plan and this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: (a) this Option shall not be exercisable with respect to any of the Shares until April 27, 2001 (the "First Vesting Date")Date set forth above; (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth (1/6th) 1/18th of the Shares; and (c) thereafter this Option shall become exercisable as to an additional one thirty-sixth (1/36th) 1/18th of the Shares per month thereafter, so that all on the first day of the Shares are fully vested after three yearseach month, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, at all times during the relevant month. This Option shall cease to vest upon Optionee's ’s Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's ’s Common Stock greater than the "“Total Option Shares."”

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: (a) this Option shall not be exercisable with respect to any of the Shares until April 27November 6, 2001 2002 (the "“First Vesting Date"”); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth one fourth (1/6th1/4th) of the SharesShares (rounded to the nearest whole share); and (c) thereafter this Option shall become exercisable as to an additional one thirtyforty-sixth eighth (1/36th1/48th) of the Shares per month thereafter, so that all (rounded to the nearest whole share) at the end of the Shares are fully vested after three yearseach full succeeding month, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. This Option shall cease to vest upon Optionee's ’s Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's ’s Common Stock greater than the "“Total Option Shares."”

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of the Plan and this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: (a) this Option shall not be exercisable with respect to any of the Shares until April 27, 2001 (the "First Vesting Date")Date set forth above; (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth (1/6th) 8.33% of the Shares; and (c) thereafter this Option shall become exercisable as to an additional one thirty-sixth (1/36th) 8.33% of the Shares per month thereafter, so that all on each quarterly anniversary of the Shares are fully vested after three yearsFirst Vesting Date, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, at all times during the relevant quarter. This Option shall cease to vest upon Optionee's ’s Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's ’s Common Stock greater than the "“Total Option Shares."”

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: (a) this Option shall not be exercisable with respect to any of the Shares until April 27January 6, 2001 2004 (the "“First Vesting Date"”); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth one fourth (1/6th1/4th) of the SharesShares (rounded to the nearest whole share); and (c) thereafter this Option shall become exercisable as to an additional one thirtyforty-sixth eighth (1/36th1/48th) of the Shares per month thereafter, so that all (rounded to the nearest whole share) at the end of the Shares are fully vested after three yearseach full succeeding month, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. This Option shall cease to vest upon Optionee's ’s Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's ’s Common Stock greater than the "“Total Option Shares."”

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: (a) this Option shall not be exercisable with respect to any of the Shares until April 27February 20, 2001 2004 (the "“First Vesting Date"”); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth one fourth (1/6th1/4th) of the SharesShares (rounded to the nearest whole share); and (c) thereafter this Option shall become exercisable as to an additional one thirtyforty-sixth eighth (1/36th1/48th) of the Shares per month thereafter, so that all (rounded to the nearest whole share) at the end of the Shares are fully vested after three yearseach full succeeding month, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. This Option shall cease to vest upon Optionee's ’s Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's ’s Common Stock greater than the "“Total Option Shares."”

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: (a) this Option shall not be exercisable with respect to any of the Shares until April 27October 4, 2001 (the "First Vesting Date"); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth one eighth (1/6th1/8th) of the SharesShares (rounded to the nearest whole share); and (c) thereafter this Option shall become exercisable as to an additional one thirtyforty-sixth eighth (1/36th1/48th) of the Shares per month thereafter, so that all (rounded to the nearest whole share) at the end of the Shares are fully vested after three yearseach full succeeding month, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. This Option shall cease to vest upon Optionee's Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's Common Stock greater than the "Total Option Shares."

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: : (a) this Option shall not be exercisable with respect to any of the Shares until April 274, 2001 2000 (the "First Vesting DateFIRST VESTING DATE"); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth (1/6th) 6.25% of the Shares; and (c) thereafter this Option shall become exercisable as to an additional one thirty-sixth (1/36th) 2.083% of the Shares per month thereafter, so that all on each monthly anniversary of the Shares are fully vested after three yearsFirst Vesting Date, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. This Option shall cease to vest upon Optionee's Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's Common Stock greater than the "Total Option Shares."

Vesting of Shares. This Option shall be exercisable as it ----------------- vests. Subject to the terms and conditions of the Plan and this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: : (a) this Option shall not be exercisable with respect to any of the Shares until April 27______________ ___, 2001 19___ (the "First Vesting DateFIRST VESTING DATE"); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to onetwenty-sixth five percent (1/6th25%) of the Shares; and (c) thereafter this Option shall become exercisable as to an additional one thirty-sixth (1/36th) 2.0833% of the Shares per month thereafter, so that all on each monthly anniversary of the Shares are fully vested after three years, Vesting Start Date (set forth above) for the next succeeding thirty-six (36) months provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. This Option shall cease to vest upon Optionee's Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's Common Stock greater than the "Total Option Shares" (set forth above.") eBay Inc. Stock Option Agreement

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: : (a) this Option shall not be exercisable with respect to any of the Shares until April 27July 5, 2001 2000 (the "First Vesting DateFIRST VESTING DATE"); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth (1/6th) 6.25% of the Shares; and (c) thereafter this Option shall become exercisable as to an additional one thirty-sixth (1/36th) 2.083% of the Shares per month thereafter, so that all on each monthly anniversary of the Shares are fully vested after three yearsFirst Vesting Date, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. Furthermore, in the event of a change in control of at least 50% of the voting stock of the company, in conjunction with the optionee's termination or constructive termination, then 50% of the unvested shares shall immediately vest. This Option shall cease to vest upon Optionee's Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's Common Stock greater than the "Total Option Shares."

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: : (a) this Option shall not be exercisable with respect to any of the Shares until April 274, 2001 2000 (the "First Vesting DateFIRST VESTING DATE"); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth (1/6th) 6.25% of the Shares; and (c) thereafter this Option shall become exercisable as to an additional one thirty-sixth (1/36th) 2.083% of the Shares per month thereafter, so that all on each monthly anniversary of the Shares are fully vested after three yearsFirst Vesting Date, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. Furthermore, in the event of a change in control of at least 50% of the voting stock of the company, in conjunction with the optionee not being offered to continue in the same position, then 50% of your unvested shares shall immediately vest. This Option shall cease to vest upon Optionee's Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's Common Stock greater than the "Total Option Shares."

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of the Plan and this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: : (a) this Option shall not be exercisable with respect to any of the Shares until April 27_________________, 2001 200__ (the "First Vesting DateFIRST VESTING DATE"); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth (1/6th) _______________% of the Shares; and (c) thereafter this Option shall become exercisable as to an additional one thirty-sixth (1/36th) _____________% of the Shares per month thereafter, so that all on each monthly anniversary of the Shares are fully vested after three yearsFirst Vesting Date, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, at all times during the relevant month. This Option shall cease to vest upon Optionee's Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's Common Stock greater than the "Total Option Shares."

Vesting of Shares. This Option shall be exercisable as a it ----------------- vests. Subject to the terms and conditions of this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: : (a) this Option shall not be exercisable with respect to any of the Shares until April 27_________________, 2001 19___ (the "First Vesting Date"); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to onetwenty-sixth five percent (1/6th25%) of the Shares; and (c) thereafter this Option shall become exercisable as to an additional one thirty-sixth (1/36th) 6.25% of the Shares per on each three (3) month thereafter, so that all anniversary of the Shares are fully vested after three yearsFirst Vesting Date, provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. This Option shall cease to vest upon Optionee's Termination and Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's Common Stock greater than the "Total Option Shares."

Vesting of Shares. This Option shall be exercisable as it vests. Subject to the terms and conditions of the Plan and this Agreement, this Option shall vest and become exercisable as to portions of the Shares as follows: : (a) this Option shall not be exercisable with respect to any of the Shares until April 27______________ ___, 2001 19___ (the "First Vesting DateFIRST VESTING DATE"); (b) if Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company, then on the First Vesting Date, this Option shall become exercisable as to one-sixth ________ percent (1/6th___%) of the Shares; and (c) thereafter this Option shall become exercisable as to an additional one thirty-sixth _____ percent (1/36th___%) of the Shares per upon the expiration of each full calendar month thereafter, so that all of for the Shares are fully vested after three years, next succeeding ________ (___) months provided that Optionee has continuously provided services to the Company, or any Parent or Subsidiary of the Company. This ; provided that this Option shall cease to vest upon Optionee's Termination and provided further that Optionee shall in no event be entitled under this Option to purchase a number of shares of the Company's Common Stock greater than the "Total Option Shares."