Vesting of Stock. The Parties agree that for purposes of determining the number of shares of the Company's common stock which Employee is entitled to purchase from the Company, Employee's vesting shall cease as of the date of this Agreement. The exercise of any stock options shall continue to be subject to the terms and conditions of the Company's Stock Option Plan and the applicable Stock Option Agreement between Employee and the Company.
Appears in 6 contracts
Samples: Settlement Agreement (Genus Inc), Settlement Agreement (Genus Inc), Settlement Agreement (Genus Inc)