Common use of Vesting Schedule and Expiration Clause in Contracts

Vesting Schedule and Expiration. Except as otherwise provided in this Agreement, this option shall expire at 4:00 p.m., Eastern time, on the Expiration Date indicated on the opposite side of this Agreement. This option will become exercisable (“vest”) in installments as to the number of shares and during the respective installment periods set forth on the opposite side of this Agreement. The right of exercise shall be cumulative so that if the option is not exercised to the maximum extent permissible during an exercise period, it shall continue to be exercisable, in whole or in part, with respect to all shares not so purchased at any time prior to the Expiration Date or the earlier termination of this option. This option may not be exercised at any time after the Expiration Date.

Vesting Schedule and Expiration. Except as otherwise provided in this Agreement, this option Option shall expire at 4:00 p.m., Eastern time, on the Expiration Date indicated on the opposite side of this Agreement. This option Option will become exercisable (“vest”) in installments as to the number of shares Shares and during the respective installment periods set forth on the opposite side of this Agreement. The right of exercise shall be cumulative so that if the option Option is not exercised to the maximum extent permissible during an exercise period, it shall continue to be exercisable, in whole or in part, with respect to all shares Shares not so purchased at any time prior to the Expiration Date or the earlier termination of this optionOption. This option Option may not be exercised at any time after the Expiration Date.

Vesting Schedule and Expiration. Except as otherwise provided in this Agreement, this option shall expire at 4:00 p.m., Eastern time, on the Expiration Date indicated on the opposite side of in this Agreement. This option will become exercisable (“vest”) in installments as to the number of shares and during the respective installment periods set forth on the opposite side of in this Agreement. The right of exercise shall be cumulative so that if the option is not exercised to the maximum extent permissible during an exercise period, it shall continue to be exercisable, in whole or in part, with respect to all shares not so purchased at any time prior to the Expiration Date or the earlier termination of this option. This option may not be exercised at any time after the Expiration Date.