Release from Automatic Forfeiture Sample Clauses

Release from Automatic Forfeiture. One hundred percent (100%) of the Shares shall initially be subject to the Automatic Forfeiture. For the first ____ months following the Lapse Commencement Date (as set forth on the signature page of this Agreement), _____% of the Shares initially subject to the Automatic Forfeiture shall be released from the Automatic Forfeiture on each monthly anniversary of the Lapse Commencement Date. Thereafter, ____% of the Shares initially subject to the Automatic Forfeiture shall be released from the Automatic Forfeiture on each monthly anniversary of the Lapse Commencement Date until all Shares are released from the Automatic Forfeiture. Fractional shares shall be rounded to the nearest whole share.