Common use of Reverse Vesting Clause in Contracts

Reverse Vesting. Restricted Shares purchased under this subsection 6(c) prior to the Option becoming exercisable shall "vest" according to the same schedule (i.e., on the same dates and in the same amounts) as such shares would have become purchasable upon exercise the Option had the exercise schedule not been accelerated in accordance with this subsection. Restricted Shares that are not vested shall be subject to repurchase by the Company under clauses 6(c)(ii) and 6(c)(iii) below. As Restricted Shares become vested they shall no longer be subject to repurchase by the Company.