Common use of Employee Stock Clause in Contracts

Employee Stock. Unless otherwise approved by the Board of Directors (including a majority of the Preferred Directors), all future employees and consultants of the Company who purchase, receive options to purchase, or receive awards of shares of the Company’s capital stock after the date hereof shall be required to execute restricted stock or option agreements, as applicable, providing for (i) vesting of shares over a four (4) year period, with the first twenty-five percent (25%) of such shares vesting following twelve (12) months of continued employment or service, and the remaining shares vesting in equal monthly installments over the following thirty-six (36) months. Unless otherwise approved by the Requisite Series C Interest, all capital stock and options to purchase capital stock issued to or held by Xxxxx Xxxxxxxxx and Xxx Xxxx shall be subject to vesting and/or Company repurchase rights acceptable to the Requisite Series C Interest.

Employee Stock. Unless otherwise approved by the Board of Directors (including a majority the affirmative vote of at least one of the Preferred DirectorsInvestor Designees), all future employees and consultants of the Company who purchasewho, after the date hereof, receive options to purchase, or receive awards of shares of the Company’s capital stock after the date hereof shall be required to execute restricted stock or option agreements, as applicable, providing for (ia) vesting of shares over a four (4) four-year period, with the first twenty-five percent (25%) % of such shares vesting following twelve (12) 12 months of continued employment or service, and the remaining shares vesting in equal monthly installments over the following thirty36 months, and (b) a market stand-six (36) months. Unless otherwise approved by the Requisite Series C Interest, all capital stock and options off provision substantially similar to purchase capital stock issued to or held by Xxxxx Xxxxxxxxx and Xxx Xxxx shall be subject to vesting and/or Company repurchase rights acceptable to the Requisite Series C Interest.that in Section

Employee Stock. Unless otherwise approved by the Board of Directors (Directors, including a majority all of the Preferred Directors), all future employees and consultants of the Company who purchase, receive options to purchase, or receive awards of shares of the Company’s capital stock after the date hereof shall be required to execute restricted stock or option agreements, as applicable, providing for (i) vesting of shares over a four (4) year period, with the first twenty-five percent (25%) of such shares vesting following twelve (12) months of continued employment or service, and the remaining shares vesting in equal monthly installments over the following thirty-six (36) months. Unless otherwise approved by the Requisite Series C Interest, all capital stock and options (ii) a market stand-off provision substantially similar to purchase capital stock issued to or held by Xxxxx Xxxxxxxxx and Xxx Xxxx shall be subject to vesting and/or Company repurchase rights acceptable to the Requisite Series C Interestthat in Subsection 2.11.

Employee Stock. Unless otherwise approved by the Board of Directors (Directors, including a majority of the Preferred Directors)at least one Series A Director, all future employees and consultants of the Company who purchase, receive options to purchase, or receive awards of shares of the Company’s capital stock after the date hereof shall be required to execute restricted stock or option agreements, as applicable, providing for (i) vesting of shares over a four (4) year period, with the first twenty-five percent (25%) of such shares vesting following twelve (12) months of continued employment or service, and the remaining shares vesting in equal monthly quarterly installments over the following thirty-six (36) months. Unless otherwise approved by the Requisite Series C Interest, all capital stock and options (ii) a market stand-off provision substantially similar to purchase capital stock issued to or held by Xxxxx Xxxxxxxxx and Xxx Xxxx shall be subject to vesting and/or Company repurchase rights acceptable to the Requisite Series C Interestthat in Subsection 2.11.

Employee Stock. Unless otherwise approved by the Board of Directors (Directors, including a majority of the Preferred Directors)Series B Director, all future employees and consultants of the Company who purchase, receive options to purchase, or receive awards of shares of the Company’s capital stock after the date hereof shall be required to execute restricted stock or option agreements, as applicable, providing for (i) vesting of shares over a four (4) year period, with the first twenty-five percent (25%) of such shares vesting following twelve (12) months of continued employment or service, and the remaining shares vesting in equal monthly installments over the following thirty-six (36) months. Unless otherwise approved by the Requisite Series C Interest, all capital stock and options (ii) a market stand-off provision substantially similar to purchase capital stock issued to or held by Xxxxx Xxxxxxxxx and Xxx Xxxx shall be subject to vesting and/or Company repurchase rights acceptable to the Requisite Series C Interestthat in Subsection 2.11.

Employee Stock. Unless otherwise approved by the Board of Directors (Directors, including a majority the approval of the at least one Preferred Directors)Director, all future employees and consultants of the Company who purchase, receive options to purchase, or receive awards of shares of the Company’s capital stock after the date hereof shall be required to execute restricted stock or option agreements, as applicable, providing for (i) vesting of shares over a four (4) year period, with the first twenty-five percent (25%) of such shares vesting following twelve (12) months of continued employment or service, and the remaining shares vesting in equal monthly installments over the following thirty-six (36) months. Unless otherwise approved by the Requisite Series C Interest, all capital stock and options to purchase capital stock issued to or held by Xxxxx Xxxxxxxxx and Xxx Xxxx shall be subject to vesting and/or Company repurchase rights acceptable to the Requisite Series C Interest.

Employee Stock. Unless otherwise approved by the Board of Directors (Board, including a majority of the Preferred Directors)Investor Directors then in office, all future employees and consultants of the Company who purchase, receive options to purchase, or receive awards of shares of the Company’s capital stock after the date hereof shall be required to execute restricted stock or option agreements, as applicable, providing for (i) vesting of shares over a four (4) year period, with the first twenty-five percent (25%) of such shares vesting following twelve (12) months of continued employment or service, and the remaining shares vesting in equal monthly installments over the following thirty-six (36) months. Unless otherwise approved by the Requisite Series C Interest, all capital stock (ii) a market stand-off provision substantially similar to that in Section 2.11; and options to purchase capital stock issued to or held by Xxxxx Xxxxxxxxx and Xxx Xxxx shall be subject to vesting and/or Company repurchase rights acceptable (iii) a right of first refusal to the Requisite Series C InterestCompany and certain of the Investors.

Employee Stock. Unless otherwise approved by the Board of Directors (Directors, including a majority of the Preferred Directors), all future employees and consultants of the Company who purchase, receive options to purchase, or receive awards of shares of the Company’s capital stock after the date hereof shall be required to execute restricted stock or option agreements, as applicable, providing for (i) vesting of shares over a four (4) year period, with the first twenty-five percent (25%) of such shares vesting following twelve (12) months of continued employment or service, and the remaining shares vesting in equal monthly installments over the following thirty-six (36) months. Unless otherwise approved by the Requisite Series C Interest, all capital stock and options (ii) a market stand-off provision substantially similar to purchase capital stock issued to or held by Xxxxx Xxxxxxxxx and Xxx Xxxx shall be subject to vesting and/or Company repurchase rights acceptable to the Requisite Series C Interestthat in Subsection 2.11.

Employee Stock. Unless otherwise approved by the Board of Directors (including a majority of the Preferred Directors), all future employees and consultants of the Company who purchase, receive options to purchase, or receive awards of shares of the Company’s capital stock (collectively, “Stock Awards”) after the date hereof shall be required to execute restricted stock or option agreements, as applicable, providing for (i) vesting of shares over a four (4) year period, with the first twenty-five percent (25%) of such shares vesting following twelve (12) months of continued employment or service, and the remaining shares vesting in equal monthly installments over the following thirty-six (36) months, and (ii) a market stand-off provision substantially similar to that in Subsection 2.11. Unless In addition, unless otherwise approved by the Requisite Series C InterestBoard of Directors, all capital stock the Company shall retain a “right of first refusal” on employee transfers until the Company’s IPO and options shall have the right to purchase capital stock issued to or held by Xxxxx Xxxxxxxxx and Xxx Xxxx shall be subject to vesting and/or Company repurchase rights acceptable to the Requisite Series C Interestunvested shares.