Common use of Initial Stock Option Clause in Contracts

Initial Stock Option. The stock options granted to you on May 31, 2017 and November 30, 2017, covering 175,000 and 35,000 shares of Company common stock as of the applicable grant date (on a pre-split basis), respectively (together, the “Initial Options”), shall each remain outstanding, and each shall continue to vest pursuant to the terms of the applicable Option Grant Notices and Agreements between you and the Company. In addition, in the event of a Change in Control (as defined in the Company’s 2018 Incentive Award Plan, as may be amended from time to time), the Initial Options will vest with respect to one-hundred percent (100%) of the shares subject thereto as of immediately prior to the Change in Control, subject to your continued service to the Company through the closing of such Change in Control.

Initial Stock Option. The stock options option granted to you on May 3110, 2017 and November 30, 20172018, covering 175,000 and 35,000 321,000 shares of Company common stock as of the applicable grant date (on a pre-split basis), respectively ) (together, the “Initial OptionsOption”), shall each remain outstanding, and each shall continue to vest pursuant to the terms of the applicable Option Grant Notices Notice and Agreements Agreement between you and the Company. In addition, in the event of a Change in Control (as defined in the Company’s 2018 Incentive Award Plan, as may be amended from time to time), the Initial Options Option will vest with respect to one-hundred percent (100%) of the shares subject thereto as of immediately prior to the Change in Control, subject to your continued service to the Company through the closing of such Change in Control.