Common use of Stock Vesting Clause in Contracts

Stock Vesting. Unless otherwise approved by the Board, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one year following the date of the grant, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next three years thereafter.

Appears in 3 contracts

Sources: Investor Rights Agreement (Inozyme Pharma, Inc.), Investor Rights Agreement (Inozyme Pharma, Inc.), Investor Rights Agreement (Inozyme Pharma, Inc.)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grant, Company and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next three years thereafterthirty-six (36) months.

Appears in 3 contracts

Sources: Investors’ Rights Agreement, Investors’ Rights Agreement (Natera, Inc.), Investors’ Rights Agreement (Natera, Inc.)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years.

Appears in 3 contracts

Sources: Investors’ Rights Agreement, Investor Rights Agreement (Nimble Storage Inc), Investor Rights Agreement (Nimble Storage Inc)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, including the Directors designated by the holders of the Preferred Stock, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years.

Appears in 2 contracts

Sources: Investor Rights Agreement (Instructure Inc), Investor Rights Agreement (Instructure Inc)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, all stock options Options and other stock equivalents Common Share Equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grant, company; and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments ratably over the next remaining three years thereafter(3) years.

Appears in 2 contracts

Sources: Stockholders Agreement (TriVascular Technologies, Inc.), Stockholders Agreement (TriVascular Technologies, Inc.)

Stock Vesting. Unless otherwise approved by the Board, including a majority of the Preferred Directors, all stock options and stock awards (other than those certain stock equivalents issued options contemplated by Section 6.15 of the Purchase Agreement) granted after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to four year vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest one at the end of the first year following the date of the grant, grant and (b) seventy-five percent (75%) % of such stock shall vest in equal monthly installments over the next remaining three years thereafteryears.

Appears in 2 contracts

Sources: Investor Rights Agreement (Conatus Pharmaceuticals Inc), Investor Rights Agreement (Conatus Pharmaceuticals Inc)

Stock Vesting. Unless otherwise approved by the Board, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grant, Company and (b) seventy-five percent (75%) % of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years.

Appears in 2 contracts

Sources: Investor Rights Agreement (Metacrine, Inc.), Investor Rights Agreement (Metacrine, Inc.)

Stock Vesting. Unless otherwise approved by the Board, Board of Directors (including the representatives of the Investors) all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting that is no less favorable to the Company than as follows: (a) twenty-no more than twenty- five percent (25%) of such stock options and stock equivalents shall vest one year following on each anniversary of the date of the grant, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next three years thereafter.

Appears in 2 contracts

Sources: Investors' Rights Agreement (Buy Com Inc), Investors' Rights Agreement (Buy Com Inc)

Stock Vesting. Unless otherwise approved by the Board, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) % of such stock shall vest in equal monthly installments over the next remaining three years thereafteryears.

Appears in 2 contracts

Sources: Investor Rights Agreement (Roka BioScience, Inc.), Investor Rights Agreement (Roka BioScience, Inc.)

Stock Vesting. Unless otherwise approved by a majority of the Board, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting over a four year period as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantcompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years.

Appears in 2 contracts

Sources: Investor Rights Agreement (Revance Therapeutics, Inc.), Investor Rights Agreement (Revance Therapeutics, Inc.)

Stock Vesting. Unless otherwise approved by a majority of the BoardCompany’s Board of Directors (including the approval of at least two of the then serving directors nominated by the holders of the Shares), all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments or quarterly over the next remaining three years thereafter(3) years.

Appears in 2 contracts

Sources: Investors’ Rights Agreement (Varonis Systems Inc), Investors’ Rights Agreement (Varonis Systems Inc)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, including a majority of the Preferred Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next three years thereafter.such

Appears in 2 contracts

Sources: Investor Rights Agreement (Bellicum Pharmaceuticals, Inc), Investor Rights Agreement (Bellicum Pharmaceuticals, Inc)

Stock Vesting. Unless otherwise approved by the BoardCompany’s Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years. No person shall be entitled to acceleration of vesting of such options unless otherwise approved by the Company’s Board of Directors.

Appears in 2 contracts

Sources: Investors’ Rights Agreement (Slack Technologies, Inc.), Investors’ Rights Agreement (Slack Technologies, Inc.)

Stock Vesting. Unless otherwise approved by the Board, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantcompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years.

Appears in 1 contract

Sources: Investor Rights Agreement (Ruckus Wireless Inc)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, including at least three (3) of four (4) directors elected solely by holders of a series of Preferred Stock, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers employees shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or, solely in the grantcase of an initial grant upon commencement of services, such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years.

Appears in 1 contract

Sources: Investor Rights Agreement (Kythera Biopharmaceuticals Inc)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, including at least one of the directors elected solely by the holders of Series Preferred, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to four year vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest one at the end of the first year following the date of the grant, issuance and (b) seventy-five percent (75%) % of such stock shall vest in equal monthly installments over the next subsequent three years thereafteryears.

Appears in 1 contract

Sources: Investors’ Rights Agreement (Neothetics, Inc.)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: : (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years.

Appears in 1 contract

Sources: Investor Rights Agreement

Stock Vesting. Unless otherwise approved by the Board, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) % of such stock shall vest in equal monthly installments over the next three years on a pro rata basis each month thereafter.

Appears in 1 contract

Sources: Investor Rights Agreement (Turning Point Therapeutics, Inc.)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, (i) all stock options and other stock equivalents issued after the date of this Agreement to new employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three (3) years thereafterand (ii) all “refresh” grants of stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: one forty-eighth (1/48) of such stock shall vest on a monthly basis over four (4) years.

Appears in 1 contract

Sources: Investor Rights Agreement (Calithera Biosciences, Inc.)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (ai) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantcompany, and (bii) seventy-five percent (75%) of such stock shall vest in equal monthly installments ratably over the next remaining three (3) years thereafteron a monthly basis.

Appears in 1 contract

Sources: Investor Rights Agreement (Idb Holding Corp LTD)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors (including a majority of the Series Preferred Directors), all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years.

Appears in 1 contract

Sources: Investor Rights Agreement (Ethos Technologies Inc.)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, all stock options and other stock equivalents that are issued after the date of this Agreement Effective Date to employees, directors, consultants consultants, and other service providers shall will be subject to vesting as follows: (a) twenty-five percent (25%) % of such stock shall will vest one year following on the first vesting commencement date anniversary, as determined by the Board of Directors, which will not be earlier than the grant, first anniversary of such employee’s first day as a Company employee and (b) seventy-five percent (75%) % of such stock shall will vest in equal monthly installments over the next remaining three years thereafteryears.

Appears in 1 contract

Sources: Investor Rights Agreement (Nextg Networks Inc)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, including at least two of the Preferred Director Representatives then in office, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or, solely in the grantcase of an initial grant upon commencement of services, such person’s services commencement date with the Company, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years. The Company shall retain a right of first refusal on transfers of Common Stock until the Company’s initial public offering and the right to repurchase unvested shares at cost.

Appears in 1 contract

Sources: Investors’ Rights Agreement (Acelrx Pharmaceuticals Inc)

Stock Vesting. Unless otherwise approved by the Board, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) years in equal monthly installments over the next three years thereafterannual installments.

Appears in 1 contract

Sources: Investor Rights Agreement (Femasys Inc)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers employees shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grant, Company and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next three years thereafterremaining thirty-six (36) months.

Appears in 1 contract

Sources: Investors’ Rights Agreement (RxSight, Inc.)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (ai) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person's services commencement date with the grantCompany, and (bii) seventy-five percent (75%) % of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years.

Appears in 1 contract

Sources: Investor Rights Agreement (Myogen Inc)

Stock Vesting. Unless otherwise approved by the Board, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years.

Appears in 1 contract

Sources: Investor Rights Agreement (Pure Storage, Inc.)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) 12.5% of such stock shall vest one year at the end of the six months following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) 87.5% of such stock shall vest in equal on a monthly installments basis over the next three years 42 months thereafter.

Appears in 1 contract

Sources: Investor Rights Agreement

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to five (5) year vesting as follows: : (a) twenty-five twenty percent (2520%) of such stock shall vest one at the end of the first year following the earlier of the date of the grantissuance, and (b) seventy-five eighty percent (7580%) of such stock shall vest in equal monthly installments over the next three years thereafterremaining four (4) years.

Appears in 1 contract

Sources: Investors’ Rights Agreement (Sigmatel Inc)

Stock Vesting. Unless otherwise approved by the Board, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) % of such stock shall vest in equal monthly installments over the next following three years thereafter3 years.

Appears in 1 contract

Sources: Investors’ Rights Agreement (Power Medical Interventions, Inc.)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors (including the Preferred Stock Directors), all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: four (a4) year vesting period, with twenty-five percent (25%) of such stock shall vest one year following the date of the grant, and (b) seventy-five percent (75%) vesting on each anniversary of such stock shall vest in equal monthly installments over person’s services commencement date with the next three years thereafterCompany.

Appears in 1 contract

Sources: Stockholders' Agreement (Neutral Tandem Inc)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors (including the directors elected by the holders of Shares), all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years.

Appears in 1 contract

Sources: License and Sublicense Agreement (ARCA Biopharma, Inc.)

Stock Vesting. Unless otherwise approved by at least a majority of the Boarddisinterested non-officer members of the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employeesfounders, management, directors, or consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of (i) the grant date of such option or other stock equivalent, or (ii) such person’s services commencement date with the grantCompany, and (b) the remaining seventy-five percent (75%) of such stock shall vest in equal pro rata monthly installments over the next remaining three years thereafter(3) years.

Appears in 1 contract

Sources: Investor Rights Agreement (Cardiomems Inc)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest one year at the end of the first 12 months following the earlier of the date of issuance or such person’s services commencement date with the grantcompany, and (b) seventy-five percent (75%) % of such stock shall vest in equal monthly installments over the next three years thereafterfollowing 36 months.

Appears in 1 contract

Sources: Investor Rights Agreement (New Relic Inc)

Stock Vesting. Unless otherwise approved by the Board, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: : (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantcompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years.

Appears in 1 contract

Sources: Investor Rights Agreement

Stock Vesting. Unless otherwise approved by the BoardBoard or the Compensation Committee if the Board designates it such authority, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) % of such stock shall vest one at the end of the first year following such person’s services commencement date with the date of the grantCompany, and (b) seventy-five percent (75%) % of such stock shall vest in equal monthly installments over the next three years thereafterremaining 36 months in monthly installments.

Appears in 1 contract

Sources: Investors Rights Agreement (BeneChill, Inc.)

Stock Vesting. Unless otherwise approved unanimously by the BoardBoard of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years.

Appears in 1 contract

Sources: Investor Rights Agreement (Zagg INC)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the grantCompany, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next remaining three years thereafter(3) years.

Appears in 1 contract

Sources: Investor Rights Agreement (Ariosa Diagnostics, Inc.)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (ai) twenty-five percent (25%) % of such stock shall vest one at the end of the first year following the later of the date of issuance or such person's services commencement date with the grantCompany, and (bii) seventy-five percent (75%) % of such stock shall vest in equal monthly installments over the next three years thereafter.shall

Appears in 1 contract

Sources: Investors' Rights Agreement (Eloquent Inc)

Stock Vesting. Unless otherwise approved by the BoardBoard of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: : (a) twenty-five percent (25%) of such stock shall vest one at the end of the first year following the date of the grant, and (b) seventy-five percent (75%) of such stock shall vest in equal monthly installments over the next three years thereafter.the

Appears in 1 contract

Sources: Common Stock and Warrant Purchase Agreement (Internap Network Services Corp/Wa)