Common use of Release of Shares From Repurchase Option Clause in Contracts

Release of Shares From Repurchase Option. (a) 25% of the Shares shall be released from the Company’s repurchase option one year after the date of this Agreement, 25% of the Shares shall be released from the Company’s repurchase option two years after the date of this Agreement, 25% of the Shares shall be released from the Company’s repurchase option three years after the date of this Agreement, and the remaining 25% of the Shares shall be released from the repurchase option four years after such date, subject to Director continuing to be a Service Provider on such dates.

Release of Shares From Repurchase Option. (a) 25% One thirty-sixth (1/36) of the Shares shall be released from the Company’s 's repurchase option on January 31, 1998, and one year after the date of this Agreement, 25% thirty-sixth (1/36) of the Shares shall be released from the Company’s 's repurchase option two years after on the last day of each full calendar month thereafter, provided in each case that the Purchaser's employment by or services to the Company have not been terminated prior to the date of this Agreement, 25% of the Shares shall be released from the Company’s repurchase option three years after the date of this Agreement, and the remaining 25% of the Shares shall be released from the repurchase option four years after any such date, subject to Director continuing to be a Service Provider on such datesrelease.

Release of Shares From Repurchase Option. (a) (i) Twenty-five percent (25% %) of the Shares shall be released from the Company’s 's repurchase option exactly one year after the date of execution of this Agreement, 25% Agreement and one forty-eighth (1/48) of the Shares shall be released from each month thereafter, provided in each case that the Company’s repurchase option two years after Founder's Continuous Status with the Company has not terminated prior to the date of this Agreement, 25% of the Shares shall be released from the Company’s repurchase option three years after the date of this Agreement, and the remaining 25% of the Shares shall be released from the repurchase option four years after any such date, subject to Director continuing to be a Service Provider on such datesrelease.

Release of Shares From Repurchase Option. 2.1 Twenty-five percent (a25%) 25% of the Shares shall be released from the Company’s 's repurchase option one year after on the first anniversary of the date of this Agreement, 25% of hereof and the remaining Shares shall be released from the Company’s 's repurchase option two years after ratably every month over an aggregate period of thirty-six (36) months, provided in each case that the Stockholder's Continuous Status with the Company has not terminated prior to the date of this Agreement, 25% of the Shares shall be released from the Company’s repurchase option three years after the date of this Agreement, and the remaining 25% of the Shares shall be released from the repurchase option four years after any such daterelease, subject to Director continuing to be a Service Provider on such datesSection 2.2 below.

Release of Shares From Repurchase Option. (a) 2550% of the Shares shall be released from the Company’s repurchase option one year after the date of this Agreement, 25% of the Shares shall be released from the Company’s repurchase option two years after the date of this Agreement, 25% of the Shares shall be released from the Company’s repurchase option three years after the date of this Agreement, ; and the remaining 2550% of the Shares shall be released from the repurchase option four two years after such date, subject to Director Purchaser continuing to be a Service Provider on such dates.

Release of Shares From Repurchase Option. (a1) 25% 25,000 of the Shares shall be released from the Company’s repurchase option one year after 's Repurchase Option at the date of this Agreement, 25Effective Date and 6.25% of the remaining Shares shall be released at the end of each full three-calendar-month period from the Company’s repurchase option two years after Effective Date until all of the Shares have been released, provided in each case that, subject to Section 5(2), the Purchaser's services as an employee of or consultant to the Company have not been terminated prior to the date of this Agreement, 25% of the Shares shall be released from the Company’s repurchase option three years after the date of this Agreement, and the remaining 25% of the Shares shall be released from the repurchase option four years after any such date, subject to Director continuing to be a Service Provider on such datesrelease.

Release of Shares From Repurchase Option. (a) 25% Three-Fifths (3/5) of the Shares shall be released from the Company’s repurchase option one year after 's Repurchase Option as of the date of the execution of this Agreement, 25% and an additional One Twenty-Fourth (1/24) of the Shares shall be released from each calendar month thereafter until all of the Company’s repurchase option two years after Shares have been released; provided in each case that Founder has not ceased to be an employee or a director of or a consultant to the Company prior to the date of this Agreement, 25% of the Shares shall be released from the Company’s repurchase option three years after the date of this Agreement, and the remaining 25% of the Shares shall be released from the repurchase option four years after any such date, subject to Director continuing to be a Service Provider on such datesrelease.