Common use of Right to Exercise Clause in Contracts

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participant, this Option may be exercised in whole or in part at any time as to Shares that have not yet vested. Vested Shares shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Shares, Participant shall execute the Restricted Stock Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 20 contracts

Sources: Stock Option Agreement (Alto Neuroscience, Inc.), Stock Option Agreement (Better Home & Finance Holding Co), Stock Option Agreement (Nalu Medical, Inc.)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option option may be exercised in whole or in part at any time as to Shares that which have not yet vested. For purposes of this Stock Option Agreement, Shares subject to the Option shall vest based on continued employment of Optionee with the Company. Vested Shares shall not be subject to the Company’s 's repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1).. ----------- (ii) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 14 contracts

Sources: Stock Option Agreement (Ondisplay Inc), Stock Option Agreement (Ondisplay Inc), Stock Option Agreement (Ondisplay Inc)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that have not yet vested. Vested Shares shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 11 contracts

Sources: Stock Option Agreement (Achaogen Inc), Stock Option Agreement (Mavenir Systems Inc), Stock Option Agreement (Mavenir Systems Inc)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option option may be exercised in whole or in part at any time as to Shares that which have not yet vested. For purposes of this Stock Option Agreement, Shares subject to the Option shall vest based on continued employment of Optionee with the Company. Vested Shares shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 5 contracts

Sources: Stock Option Agreement (Numerical Technologies Inc), Stock Option Agreement (Numerical Technologies Inc), Stock Option Agreement (Numerical Technologies Inc)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that have not yet vested. Vested Shares shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 5 contracts

Sources: Stock Option Agreement (Catalyst Biosciences, Inc.), Stock Option Agreement (Catalyst Biosciences, Inc.), Stock Option Agreement (Targacept Inc)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that have not yet vested. Vested Shares shall not be subject to the Company’s 's repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 4 contracts

Sources: Executive Employment Agreement (Imarx Therapeutics Inc), Executive Employment Agreement (Imarx Therapeutics Inc), Stock Option Agreement (Cisco Systems Inc)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that which have not yet vested. Vested Shares shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase AgreementAgreement and the Section 431 election attached hereto Exhibit C-5 or in such form as HM Revenue and Customs may require from time to time. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 3 contracts

Sources: Stock Option Agreement, Stock Option Agreement (Mavenir Systems Inc), Stock Option Agreement (Mavenir Systems Inc)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that which have not yet vested. Vested Shares shall not be subject to the Company’s 's repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit EXHIBIT C-1). (ii) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 3 contracts

Sources: Stock Option Agreement (724 Solutions Inc), Stock Option Agreement (Idealab), Stock Option Agreement (Idealab)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that which have not yet vested. Vested Shares shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 2 contracts

Sources: Stock Option Agreement (Fluidigm Corp), Stock Option Agreement (GCT Semiconductor Inc)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that which have not yet vested. Vested Shares shall not be subject to the Company’s 's repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 2 contracts

Sources: Stock Option Agreement (Cisco Systems Inc), Stock Option Agreement (Cisco Systems Inc)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option these Options shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option these Options may be exercised in whole or in part at any time as to Shares that have not yet vested. Vested Shares shall not be subject to the Company’s 's repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option these Options for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii) This Option These Options may not be exercised for a fraction of a Share.

Appears in 2 contracts

Sources: Executive Employment Agreement (Imarx Therapeutics Inc), Executive Employment Agreement (Imarx Therapeutics Inc)

Right to Exercise. (i) Subject to subsections 2(a)(iithis subsection 2(a)(i) and 2(a)(iiisubsection 2(a)(ii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participant, this Option may be exercised in whole or in part at any time as to Shares that have not yet vestedvested (“Unvested Shares”). As a condition of exercising this Option for Unvested Shares, Participant shall execute the Restricted Stock Purchase Agreement and all attachments thereto, attached hereto as Exhibit B (the “Stock Purchase Agreement”). Vested Shares (all exercised Shares that are not Unvested Shares) shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Shares, Participant shall execute the Restricted Stock Purchase Agreement. (iiiii) This Option may not be exercised for a fraction of a Share.

Appears in 2 contracts

Sources: Stock Option Agreement (Nerdwallet, Inc.), Stock Option Agreement (Nerdwallet, Inc.)

Right to Exercise. (i1) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that have not yet vested. Vested Shares shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii2) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii3) This Option may not be exercised for a fraction of a Share.

Appears in 1 contract

Sources: Stock Option Agreement (Cisco Systems Inc)

Right to Exercise. (i) Subject to subsections Section 2(a)(ii) and Section 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that have not yet vested. Vested Shares shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 1 contract

Sources: Stock Option Agreement (Nextg Networks Inc)

Right to Exercise. (ia) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that have not yet vested. Vested Shares shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (iib) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iiic) This Option may not be exercised for a fraction of a Share.

Appears in 1 contract

Sources: Stock Option Agreement (Cisco Systems Inc)

Right to Exercise. (i) Subject to subsections 2(a)(iiB.1.(ii) and 2(a)(iiiB.1.(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of the Participant, this Option may be exercised in whole or in part at any time as to Shares that which have not yet vested. Vested Unvested Shares shall not be subject to the Company’s repurchase right (as set forth in a Restricted Share Purchase Agreement in the form approved by the Company in its sole discretion (the “Restricted Stock Share Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Shares, the Participant shall execute the Restricted Stock Share Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 1 contract

Sources: Share Option Agreement

Right to Exercise. (ia) Subject to subsections 2(a)(iiII.1(b) and 2(a)(iiiII.1(c) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participant, this Option may be exercised in whole or in part at any time as to Shares that have not yet vested. Vested Shares shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (iib) As a condition to exercising this Option for unvested Shares, Participant shall execute the Restricted Stock Purchase Agreement. (iiic) This Option may not be exercised for a fraction of a Share.

Appears in 1 contract

Sources: Stock Option Agreement (Fluidigm Corp)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that which have not yet vested. Vested Shares shall not be subject to the Company’s 's repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) . As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii) . This Option may not be exercised for a fraction of a Share.

Appears in 1 contract

Sources: Stock Option Agreement (Cisco Systems Inc)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this This Option shall be exercisable cumulatively according to during its term in accordance with the vesting schedule Vesting Schedule set forth out in the Notice of Stock Grant and with the applicable provisions of the Plan and this Option GrantAgreement. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that have not yet vested. Vested Shares shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1C-1 (the “Restricted Stock Purchase Agreement”)). (ii) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 1 contract

Sources: Stock Option Agreement (Maxlinear Inc)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that have not yet vested. Vested Shares shall not be subject to the Company’s 's repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit EXHIBIT C-1). (ii) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 1 contract

Sources: Stock Option Agreement (Netzero Inc)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option option may be exercised in whole or in part at any time as to Shares that which have not yet vested. Vested Shares shall not be subject to a repurchase option of the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase AgreementAgreement attached hereto as Exhibit A-2. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 1 contract

Sources: Stock Option Agreement (Echelon Corp)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participant, this Option may be exercised in whole or in part at any time as to Shares shares of Stock that have not yet vested. Vested Shares shares of Stock shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Sharesshares of Stock, Participant shall execute the Restricted Stock Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 1 contract

Sources: Stock Option Agreement (SolarWinds, Inc.)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participant, this Option may be exercised in whole or in part at any time as to Shares that have not yet vested. Vested Shares shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Shares, Participant shall execute the Restricted Stock Purchase Agreement. (iii) This Option may not be exercised for a fraction of a Share.. ​

Appears in 1 contract

Sources: Stock Option Agreement (Lemonade, Inc.)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall will be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of the Participant, this Option may be exercised in whole or in part at any time as to Shares that have not yet vested. Vested Shares shall will not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii) As a condition to exercising this Option for unvested Shares, the Participant shall will execute the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1. (iii) This Option may not be exercised for a fraction of a Share.

Appears in 1 contract

Sources: Stock Option Agreement (Complete Solaria, Inc.)

Right to Exercise. (i1) Subject to subsections 2(a)(ii) and 2(a)(iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that which have not yet vested. Vested Shares shall not be subject to the Company’s repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit C-1). (ii2) As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii3) This Option may not be exercised for a fraction of a Share.

Appears in 1 contract

Sources: Stock Option Agreement (Fluidigm Corp)

Right to Exercise. (i) Subject to subsections 2(a)(ii) and 2(a)(iii2(a) (iii) below, this Option shall be exercisable cumulatively according to the vesting schedule set forth in the Notice of Stock Option Grant. Alternatively, at the election of Participantthe Optionee, this Option may be exercised in whole or in part at any time as to Shares that have not yet vested. Vested Shares shall not be subject to the Company’s 's repurchase right (as set forth in the Restricted Stock Purchase Agreement, attached hereto as Exhibit EXHIBIT C-1). (ii) . As a condition to exercising this Option for unvested Shares, Participant the Optionee shall execute the Restricted Stock Purchase Agreement. (iii) . This Option may not be exercised for a fraction of a Share.

Appears in 1 contract

Sources: Stock Option Agreement (HNC Software Inc/De)