Common use of Vesting of the Option Clause in Contracts

Vesting of the Option. The Option shall, subject to the Participant’s continued Employment, vest and become exercisable on the earlier to occur of either: (i) the date (A) affiliates of Blackstone sell more than twenty-five percent (25%) of the equity interests of the JV (the “JV Shares”) held by it on the Transaction Date at a weighted average price in excess of the equivalent of $4,200 per share and (B) McKesson distributes more than fifty percent (50%) of the JV Shares held by it on the Transaction Date, or (ii) McKesson and affiliates of Blackstone, collectively, sell more than twenty-five percent (25%) of the aggregate number of JV Shares held by McKesson and Blackstone on the Transaction Date, at a weighted average price in excess of the equivalent of $4,200 per share. No portion of the Option shall vest solely as a result of any transaction in which McKesson disposes of or distributes equity owned by it in the JV to its shareholders.