Common use of Prior to an Initial Public Offering Clause in Contracts

Prior to an Initial Public Offering. If prior to the occurrence of an IPO , the Performance-Vesting Options shall vest in full on such Measurement Date, subject to the Optionee remaining in a continuous Service Relationship from the vesting commencement date through the applicable Measurement Date.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Hayward Holdings, Inc.), Non Qualified Stock Option Agreement (Hayward Holdings, Inc.)

Prior to an Initial Public Offering. If prior to the occurrence of an IPO , the Performance-Vesting Options shall vest in full on such Measurement Date, subject to the Optionee remaining in a continuous Service Relationship from the vesting commencement date Vesting Commencement Date through the applicable Measurement Date.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Hayward Holdings, Inc.), Non Qualified Stock Option Agreement (Hayward Holdings, Inc.)