Common use of Release Dates Clause in Contracts

Release Dates. The Shares subject to the Repurchase Option shall be released from the Repurchase Option in accordance with the vesting schedule set forth in Section 3(a) of the Option Agreement to the extent and as of the dates provided therein. Shares subject to the Repurchase Option are referred to herein as "Unvested Shares," and Shares which have been released from the Repurchase Option are referred to herein as "Vested Shares."

Appears in 2 contracts

Sources: Restricted Stock Purchase Agreement (Netobjects Inc), Restricted Stock Purchase Agreement (Mission West Properties/New/)