Definition of Vesting Anniversary Date


Vesting Anniversary Date means , 20 .

Examples of Vesting Anniversary Date in a sentence

On the date one (1) year from the Vesting Commencement Date (as set forth on the signature page to this Agreement) (the "Vesting Anniversary Date") twenty-five percent (25%) (One Hundred Eighty Thousand (180,000) shares) of the Stock subject to the Repurchase Option shall vest and be released from the Repurchase Option.
Thereafter, 1/48th of the Stock shall vest and be released from the Repurchase Option on a monthly basis measured from the Vesting Anniversary Date, until all the Stock is released from the Repurchase Option (provided in each case that Purchaser remains an employee of, or a consultant to, the Company (or a parent or subsidiary of the Company) as of the date of such release).