Common use of Vesting Schedule Clause in Contracts

Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “

Appears in 10 contracts

Samples: Incentive Stock Option Agreement (Aileron Therapeutics Inc), Nonstatutory Stock Option Agreement (Aileron Therapeutics Inc), Incentive Stock Option Agreement (Spring Bank Pharmaceuticals, Inc.)

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Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.08336.25% of the original number of Shares at the end of each successive three-month period following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “

Appears in 9 contracts

Samples: Stock Option Agreement (OvaScience, Inc.), Nonstatutory Stock Option Agreement (OvaScience, Inc.), Nonstatutory Stock Option Agreement (OvaScience, Inc.)

Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive one-month period following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “

Appears in 5 contracts

Samples: Stock Option Agreement (Demandware Inc), Stock Option Agreement (Epizyme, Inc.), Incentive Stock Option Agreement (Demandware Inc)

Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.08332.0833 % of the original number of Shares at the end of each successive month following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “

Appears in 4 contracts

Samples: Nonstatutory Stock Option Agreement (Editas Medicine, Inc.), Nonstatutory Stock Option Agreement (Editas Medicine, Inc.), Nonstatutory Stock Option Agreement (Editas Medicine, Inc.)

Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “

Appears in 3 contracts

Samples: Nonstatutory Stock Option Agreement (Casa Systems Inc), Incentive Stock Option Agreement (Casa Systems Inc), Incentive Stock Option Agreement (Trine Acquisition Corp.)

Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.08336.25% of the original number of Shares at the end of each successive month quarter following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Spark Therapeutics, Inc.), Nonstatutory Stock Option Agreement (Spark Therapeutics, Inc.)

Vesting Schedule. (a) This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.08336.25% of the original number of Shares at the end of each successive three-month period following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “Vesting Commencement Date” shall mean , 20 .

Appears in 2 contracts

Samples: Management Nonstatutory Stock Option Agreement (A123 Systems, Inc.), Management Incentive Stock Option Agreement (A123 Systems, Inc.)

Vesting Schedule. (a) This option will become exercisable ("vest") as to 256.25% of the original number of Shares on the first anniversary of date that is three months following the Vesting Commencement Date (as defined below) and as to an additional 2.08336.25% of the original number of Shares at the end of each successive three-month period following the first anniversary of date that is three months following the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “.

Appears in 2 contracts

Samples: A123 Systems, Inc., A123 Systems Inc

Vesting Schedule. This option will become exercisable (“vest”) as to [25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the first anniversary of the Vesting Commencement Date Date] [2.0833% of the original number of Shares at the end of each successive month following the Vesting Commencement Date] until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “

Appears in 2 contracts

Samples: Stock Option Agreement (Zipcar Inc), Incentive Stock Option Agreement (Zipcar Inc)

Vesting Schedule. [This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Carisma Therapeutics Inc.), Incentive Stock Option Agreement (Carisma Therapeutics Inc.)

Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of (the Vesting Commencement Date (as defined belowStart Date) and as to an additional 2.08336.25% of the original number of Shares at the end of each successive three month period following the first anniversary of the Vesting Commencement Start Date until the fourth anniversary of the Vesting Commencement Start Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “.

Appears in 2 contracts

Samples: Adoption Agreement (Care.com Inc), Adoption Agreement (Care.com Inc)

Vesting Schedule. (a) This option will become exercisable ("vest") as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.08336.25% of the original number of Shares at the end of each successive three-month period following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “.

Appears in 2 contracts

Samples: A123 Systems Inc, A123 Systems Inc

Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.08336.25% of the original number of Shares at the end of each successive month following the first anniversary of the Vesting Commencement Date until the fourth first anniversary of the Vesting Commencement Date. On the fourth first anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Spring Bank Pharmaceuticals, Inc.), Stock Option Agreement (Spring Bank Pharmaceuticals, Inc.)

Vesting Schedule. This option will become exercisable (“vest”) as to 2533.333% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.08332.778% of the original number of Shares at the end of each successive month following the first anniversary of the Vesting Commencement Date until the fourth third anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “

Appears in 2 contracts

Samples: Consulting Agreement (Casa Systems Inc), Consulting Agreement (Casa Systems Inc)

Vesting Schedule. This option will become exercisable (“vest”) as to [25% %] of the original number of Shares on the first [first] anniversary of the Vesting Commencement Date (as defined below) and as to an additional [2.0833% %] of the original number of Shares at the end of each successive month [month] following the first [first] anniversary of the Vesting Commencement Date until the fourth [fourth] anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “

Appears in 1 contract

Samples: Agios Pharmaceuticals Inc

Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.08336.25% of the original number of Shares at the end of each successive three-month period following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreementagreement, “

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (OvaScience, Inc.)

Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the first anniversary of the me Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “

Appears in 1 contract

Samples: Employment Agreement (Allena Pharmaceuticals, Inc.)

Vesting Schedule. (a) This option will become exercisable (“vest”) as to 25% of the original number of Shares on at the first anniversary end of each successive year following the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, the Vesting Commencement Date” shall mean , 20 .

Appears in 1 contract

Samples: Incentive Stock Option Agreement (LogMeIn, Inc.)

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Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On ; provided that except as provided in Subsection B below, the fourth anniversary of the Vesting Commencement Date, this option will be exercisable Participant remains an Eligible Participant (as to all Sharesdefined in Section 3(b)) on each vesting date. For purposes of this Agreement, Agreement

Appears in 1 contract

Samples: Employment Agreement (Allena Pharmaceuticals, Inc.)

Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of remaining Shares at the end of each successive month in equal monthly installments over 36 months following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “

Appears in 1 contract

Samples: Option Agreement (Millendo Therapeutics, Inc.)

Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive three-month period following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, the

Appears in 1 contract

Samples: Stock Option Agreement (Gelesis Inc)

Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.08336.25% of the original number of Shares at the end of each successive three month period following the first anniversary of the Vesting Commencement Date until the fourth 4th anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “Date (with the

Appears in 1 contract

Samples: Stock Option Agreement (Verastem, Inc.)

Vesting Schedule. (a) This option will become exercisable (“vest”) as to 25% of the original number of Shares on at the first anniversary end of each successive year following the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, the

Appears in 1 contract

Samples: Stock Option Agreement (LogMeIn, Inc.)

Vesting Schedule. This option will become exercisable ("vest") as to [25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the first anniversary of][ 2.0833% of the original number of Shares at the end of each successive month following] the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, "

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Zipcar Inc)

Vesting Schedule. (a) This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.08336.25% of the original number of Shares at the end of each successive three-month period following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, the Vesting Commencement Date” shall mean , 200_.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Adnexus Therapeutics, Inc.)

Vesting Schedule. This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date Xxxx (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On ; provided that except as provided in Subsection B below, the fourth anniversary of the Vesting Commencement Date, this option will be exercisable Participant remains an Eligible Participant (as to all Sharesdefined in Section 3(b)) on each vesting date. For purposes of this Agreement, “

Appears in 1 contract

Samples: Employment Agreement (Allena Pharmaceuticals, Inc.)

Vesting Schedule. (a) This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.083312.5% of the original number of Shares at the end of each successive three-month period following the first anniversary of the Vesting Commencement Date (as defined below) until the fourth second anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, the Vesting Commencement Date” shall mean , 20 .

Appears in 1 contract

Samples: Stock Option Agreement (LogMeIn, Inc.)

Vesting Schedule. (a) This option will become exercisable (“vest”) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, “Vesting Commencement Date” shall mean , 20 __.

Appears in 1 contract

Samples: Agreement (Zipcar Inc)

Vesting Schedule. This option will become exercisable ("vest") as to [25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the first anniversary of][ 2.0833% of the original number of Shares at the end of each successive month following] the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date. On the fourth anniversary of the Vesting Commencement Date, this option will be exercisable as to all Shares. For purposes of this Agreement, "

Appears in 1 contract

Samples: Stock Option Agreement (Zipcar Inc)

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