Common use of Vesting and Right to Exercise Clause in Contracts

Vesting and Right to Exercise. (i) The Option shall vest and become exercisable with respect to one-fourth (1/4th) of the Shares subject to the Option on the first anniversary of the Vesting Commencement Date set forth in the signature page of this Agreement, and one-sixteenth (1/16th) of the Shares subject to the Option shall vest at the end of each successive calendar quarter over the remaining three-year period, until all the Shares have vested, subject to the Optionee’s continuous employment with the Company. Subject to the provisions of subparagraphs (ii) and (iii) below, the Optionee can exercise any portion of the Option which has vested until the expiration of the Option term.

Vesting and Right to Exercise. (i) The Option shall vest and become exercisable with respect to one-fourth fifty percent (1/4th50%) of the Shares subject to the Option on the first second anniversary of the Vesting Commencement Date set forth in on the signature page of this Agreement, and onetwenty-sixteenth five percent (1/16th25%) of the Shares subject to the Option shall vest at the end of each successive calendar quarter over the remaining three-year periodthereafter until, until all the Shares Options have vested, subject to the Optioneeperson’s continuous employment with continued service as an employee or director of the CompanyCompany as the case may be. Subject to the provisions of subparagraphs (ii) and through (iiiv) below, the Optionee can exercise any portion of the Option which has vested until the expiration of the Option term.

Vesting and Right to Exercise. (i) The Option shall vest and become exercisable with respect to onetwenty-fourth five (1/4th25%) of the Shares subject to the Option on the first anniversary of the Vesting Commencement Date set forth in the signature page of this Agreement, and oneone thirty-sixteenth sixth (1/16th1/36) of the remaining Shares subject to the Option shall vest at the end of each successive calendar quarter over the remaining three-year periodmonth thereafter, until all of the Shares have vested, subject to the Optionee’s continuous employment 's Continuous Employment with the Company. Subject to the provisions of subparagraphs (ii) and (iii) below, the Optionee can exercise any portion of the Option which has vested until the expiration of the Option term.