name / content / group

content: 653842

name: Vesting

VESTING. Subject to the provisions of Section 5 of this Agreement, the right of the Optionee to purchase the Option Shares under the Option shall vest over a period of five (5) years at the rate of twenty percent (20%) per year, with the first twenty percent (20%) to vest on the anniversary date of this Agreement, and each additional twenty percent (20%) to vest on each subsequent anniversary date of this Agreement.
VESTING. Subject to the provisions of Section 5 of this Agreement, the right of the Optionee to purchase the Option Shares under the Option shall vest over a period of five (5) years at the