Common use of Following an Initial Public Offering Clause in Contracts

Following an Initial Public Offering. In the event of an IPO which does not constitute a Change of Control, any unvested Performance-Vesting Options shall remain outstanding and remain subject to the same vesting schedule set forth herein, and from and after the date of an IPO, if the average closing trading price for shares of common stock of the Company on the exchange on which such shares are then listed , then the Performance-Vesting Options shall vest in full , subject to the Optionee remaining in a continuous Service Relationship from the vesting commencement date through the end of such period.

Following an Initial Public Offering. In the event of an IPO which does not constitute a Change of Control, any unvested Performance-Vesting Options shall remain outstanding and remain subject to the same vesting schedule set forth herein, and from and after the date of an IPO, if the average closing trading price for shares of common stock of the Company on the exchange on which such shares are then listed , then the Performance-Vesting Options shall vest in full , subject to the Optionee remaining in a continuous Service Relationship from the vesting commencement date Vesting Commencement Date through the end of such period.