Common use of Vesting and Exercise Clause in Contracts

Vesting and Exercise. One third (33.3%) of the Option shall be vested and exercisable on the first anniversary of the grant of the Option, an additional one third (33.3%) of the Option shall be vested and become exercisable on the second anniversary of the grant of the Option and the remaining one third (33.4%) of the Options shall be vested and become exercisable on third anniversary of the grant of the Option.

Vesting and Exercise. One third fourth (33.325%) of the Option shall be vested and exercisable on the first anniversary of the grant of the Option, an additional one third fourth (33.325%) of the Option shall be vested and become exercisable on the second anniversary of the grant of the Option, an additional one fourth (25%) of the Option shall be vested and become exercisable on the third anniversary of the grant of the Option and the remaining one third fourth (33.425%) of the Options shall be vested and become exercisable on third the fourth anniversary of the grant of the Option.

Vesting and Exercise. One One-third (33.3%1/3) of the Option shall be vested and exercisable on the first anniversary of the grant of the Option. Thereafter, an additional one third one-thirty sixth (33.3%1/36) of the Option shall be vested and become exercisable on the second anniversary last day of each month, subject to the grant provisions of the Option and the remaining one third (33.4%Section 8(d) of the Options shall be vested and become exercisable on third anniversary of the grant of the Optionbelow.

Vesting and Exercise. One One-third (33.3%1/3) of the Option shall be vested and exercisable on the first anniversary of the grant of the Option. Thereafter, an additional one third one-thirty sixth (33.3%1/36) of the Option shall be vested and become exercisable on the second anniversary last day of each month, subject to the grant provisions of the Option and the remaining one third (33.4%Section 10(d) of the Options shall be vested and become exercisable on third anniversary of the grant of the Optionbelow.

Vesting and Exercise. One third (33.3%) of the Option shall be vested and exercisable on the first anniversary of the grant of the Option, an additional one third (33.3%) of the Option shall be vested and become exercisable on the second anniversary of the grant of the Option and the remaining one third (33.4%) of the Options shall be vested and become exercisable on third anniversary of the grant of the Option.. ]