Common use of Vesting Clause in Contracts

Vesting. The RSUs shall vest in accordance with the Vesting Schedule set forth in the Notice of Grant (the “Vesting Schedule”). Any fractional shares resulting from the application of any percentages used in the Vesting Schedule shall be rounded down to the nearest whole number of RSUs. Upon the vesting of the RSU, the Company will deliver to the Participant, for each RSU that becomes vested, one share of Common Stock, subject to the payment of any taxes pursuant to Section 7. The Common Stock will be delivered to the Participant as soon as practicable following each vesting date, but in any event within 30 days of such date.

Appears in 23 contracts

Samples: Restricted Stock Unit Agreement (Aileron Therapeutics Inc), Restricted Stock Unit Agreement (Aileron Therapeutics Inc), Restricted Stock Unit Agreement (Pc Connection Inc)

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Vesting. The RSUs shall vest in accordance with the Vesting Schedule set forth in the Notice of Grant (the “Vesting Schedule”). Any fractional shares resulting from the application of any percentages used in the Vesting Schedule shall be rounded down to the nearest whole number of RSUs. Upon As soon as practicable after the vesting of the RSU, the Company will deliver to the Participant, for each RSU that becomes vested, one share of Common Stock, subject to the payment of any taxes pursuant to Section 7. The Common Stock will be delivered to the Participant as soon as practicable following each vesting date, but in any event within 30 days of such date.

Appears in 13 contracts

Samples: Employment Agreement (Schrodinger, Inc.), Stock Option Agreement (Schrodinger, Inc.), Restricted Stock Unit Agreement (Fulcrum Therapeutics, Inc.)

Vesting. The RSUs shall vest in in accordance with the Vesting Schedule Table set forth in the Notice of Grant (the “Vesting ScheduleTable”). Any fractional shares resulting from the application of any the percentages used in the Vesting Schedule Table shall be rounded down to the nearest whole number of RSUs. Upon the vesting of the RSURSUs, the Company will deliver to the Participant, for each RSU that becomes vested, one share of Common Stock, subject to the payment of any withholding taxes pursuant to Section 7. The Common Stock will be delivered to the Participant as soon as practicable following each vesting date, but in any event within 30 three (3) business days of such date.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Agios Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (Agios Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (Agios Pharmaceuticals Inc)

Vesting. The RSUs shall vest in accordance with the Vesting Schedule set forth in the Notice of Grant (the “Vesting Schedule”). Any fractional shares resulting from the application of any percentages used in the Vesting Schedule shall be rounded down to the nearest whole number of RSUs. Upon the vesting of the RSURSUs, the Company will deliver to the Participant, for each RSU that becomes vested, one share of Class A Common Stock, subject to the payment of any taxes pursuant to Section 7. The Class A Common Stock will be delivered to the Participant as soon as practicable following each vesting date, but in any event within 30 days of such date. 3.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Ameresco, Inc.), Restricted Stock Unit Agreement (Ameresco, Inc.)

Vesting. The RSUs shall vest in accordance with the Vesting Schedule set forth in the Notice of Grant (the “Vesting Schedule”). Any fractional shares resulting from the application of any percentages used in the Vesting Schedule shall be rounded down to the nearest whole number of RSUs. Upon the vesting of the RSURSUs, the Company will deliver to the Participant, for each RSU that becomes vested, one share of Common Stock, subject to the payment of any taxes pursuant to Section 75. The Common Stock will be delivered to the Participant as soon as practicable following each vesting date, but in any event within 30 days of such date.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Infinity Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (MEI Pharma, Inc.)

Vesting. The RSUs shall vest in accordance with the Vesting Schedule vesting schedule set forth in the Notice of Grant (the “Vesting Schedule”). Any fractional shares resulting from the application of any percentages used in the Vesting Schedule shall be rounded down to the nearest whole number of RSUs. Upon As soon as practicable after the vesting of the RSU, the Company will deliver to the Participant, for each RSU that becomes vested, one share of Common Stock, subject to the payment of any taxes pursuant to Section 7. The Common Stock will be delivered to the Participant as soon as practicable following each vesting date, but in any event within 30 days of such date.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Xilio Therapeutics, Inc.), Restricted Stock Unit Agreement (Xilio Therapeutics, Inc.)

Vesting. The RSUs shall vest in accordance with the Vesting Schedule set forth in the Notice of Grant (the “Vesting Schedule”). Any fractional shares resulting from the application of any percentages used in the Vesting Schedule shall be rounded down to the nearest whole number of RSUs. Upon the vesting of the RSURSUs, the Company will deliver to the Participant, for each RSU that becomes vested, one share of Common Stock, subject to the payment of any taxes pursuant to Section 76. The Common Stock will be delivered to the Participant as soon as practicable following each vesting date, but in any event within 30 days of such date.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Solid Biosciences Inc.)

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Vesting. The RSUs shall vest in accordance with the Vesting Schedule set forth in the Notice of Grant (the “Vesting Schedule”). Any fractional shares resulting from the application of any percentages used in the Vesting Schedule shall be rounded down to the nearest whole number of RSUs. Upon As soon as practicable after the vesting of the RSU, the Company will deliver to the Participant, for each RSU that becomes vested, one share of Common Stock, subject to the payment of any taxes pursuant to Section 78. The Common Stock will be delivered to the Participant as soon as practicable following each vesting date, but in any event within 30 days of such date.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Schrodinger, Inc.)

Vesting. The RSUs shall vest in accordance with the Vesting Schedule set forth in the Notice of Grant (the “Vesting Schedule”). Any fractional shares resulting from the application of any percentages used in the Vesting Schedule shall be rounded down to the nearest whole number of RSUs. Upon the vesting of the RSU, the Company will deliver to the Participant (or the Participant’s Designated Beneficiary, if applicable), for each RSU that becomes vested, one share of Common Stock, subject to the payment of any taxes pursuant to Section 7. The Common Stock will be delivered to the Participant (or the Participant’s Designated Beneficiary, if applicable) as soon as practicable following each vesting date, but in any event within 30 days of such date.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Carisma Therapeutics Inc.)

Vesting. (a) The RSUs shall vest in accordance with the Vesting Schedule vesting schedule set forth in the Notice of Grant (the "Vesting Schedule"). Any fractional shares resulting from the application of any percentages used in the Vesting Schedule shall be rounded down to the nearest whole number of RSUs. Upon the vesting of the RSURSUs, the Company will deliver to the ParticipantRecipient, for each RSU that becomes vested, one share of Common Stock, subject subject, in the case of the shares of Common Stock delivered in respect of the RSUs that vest on the Vesting Start Date, to Section 4(b) and subject, in all cases, to the payment of any taxes pursuant to Section 7. The Common Stock will be delivered to the Participant Recipient as soon as practicable following each vesting date, but in any event within 30 days of such date.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Endurance International Group Holdings, Inc.)

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