Option Vesting and Exercise. Twenty-five percent (25%) of the Option shall be vested and exercisable on the first anniversary of the date of the grant of the Option. On the last day of each month thereafter, continuing to the fourth anniversary of the date of the grant of the Option, an additional one forty-eighth of the Option shall vest, subject to Section 9(d).
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Sources: Employment Agreement (GoFish Corp.), Employment Agreement (GoFish Corp.)
Option Vesting and Exercise. Twenty-five percent (25%) of the Option shall be vested and became exercisable on the first anniversary of the date of the grant of the Option. On the last day of each month thereafter, continuing to the fourth anniversary of the date of the grant of the Option, an additional one forty-eighth of the Option shall vest, subject to Section 9(d).
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Option Vesting and Exercise. Twenty-five percent (25%) of the Option shall be vested and exercisable on the first anniversary of the date of the grant of the Option. On Thereafter, the last day of each month thereafter, continuing to the fourth anniversary balance of the date of Options shall be vested and become exercisable in monthly installments over the grant of next 24 months that the Option, an additional one forty-eighth of Executive is employed with the Option shall vest, subject to Section 9(d)Company.
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