Common use of Rights of Optionee with respect to Unvested Shares held in Escrow Clause in Contracts

Rights of Optionee with respect to Unvested Shares held in Escrow. Subject to the terms hereof and the terms of any other agreements to which the Optionee is a party, the Optionee shall have all the rights of a stockholder with respect to all Unvested Shares that are issued and outstanding while they are held in escrow, including without limitation, the right to vote such Unvested Shares and receive any cash dividends declared thereon. If there is (i) any stock dividend, stock split or other change in such Unvested Shares, or (ii) any merger or sale of all or substantially all of the assets or other acquisition of the Company, any and all new, substituted or additional securities to which the Optionee is entitled by reason of his/her ownership of such Unvested Shares shall be immediately subject to this escrow, deposited with the Escrow Holder and included thereafter as “Unvested Shares” for purposes of this Agreement.

Appears in 12 contracts

Samples: Incentive Stock Option and Reverse Vesting Agreement (ViewRay, Inc.), Nonstatutory Stock Option and Reverse Vesting Agreement (ViewRay, Inc.), Incentive Stock Option and Reverse Vesting Agreement (ViewRay, Inc.)

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