Examples of Unvested Option Shares in a sentence
Unvested Option Shares will be deemed cancelled upon the effective date of termination.
We expect that following the spin-off, our working capital requirements will be funded primarily by cash flow generated from operations.
The foregoing provisions of this Section 4(b) shall be implemented ratably across all Unvested Option Shares that are subject to the Option immediately prior to such Sale of the Company Transaction regardless of when the Option would have otherwise become exercisable for such Unvested Option Shares pursuant to Section 4(a) above.
The foregoing provisions of this Section 4(b) shall be implemented ratably across all Unvested Option Shares that are subject to the Option immediately prior automatic Acceleration pursuant to this Section 4(b) regardless of when the Option would have otherwise become exercisable for such Unvested Option Shares pursuant to Section 4(a) above.
At the Closing, the Repurchase Price shall be delivered to the Participant or the Participant’s successor in interest, as the case may be, and the Unvested Option Shares being repurchased, duly endorsed for transfer, shall, to the extent that they are not then in the possession of the Company, be delivered to the Company by the Participant or the Participant’s successor in interest.
No adjustment shall be made for a dividend or other right for which the record date is prior to the date of issuance of such Vested Option Shares or Unvested Option Shares.
Type of Option: Incentive Stock Option Grant Date: Number of Vested Option Shares as to which the option is exercised: Number of Unvested Option Shares as to which the option is exercised: (if a partial exercise, the option shall be deemed exercised with respect to the last to vest of the Shares) Exercise Price: Total Exercise Price: Cash o Check o Other Permitted Method: By this exercise, I agree (i) to provide such other documents as TELA Bio, Inc.
Any Unvested Option Shares that become Vested Option Shares and are subject to the Repurchase Right shall remain in escrow in accordance with the terms and conditions of this Agreement.
The Repurchase Notice shall indicate the number of Unvested Option Shares to be repurchased and the time and date for payment of the Repurchase Price (the “Closing”) on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice.
Unvested Option Shares shall be subject to the early exercise repurchase right set forth in Section 2 of this Agreement until such Unvested Option Shares become Vested Option Shares.