Service Options. The Service Options described in Section 2(a) above will have vested and become exercisable with respect to [twenty-five] percent ([25]%) of the Service Option Shares underlying the Service Options on the twelve (12) month anniversary of the Vesting Commencement Date (the “First Vesting Date”) if the Optionholder remains in the continuous employ of or service with the Company or any of its Subsidiaries from and after the date hereof through and including such date, and with respect to an additional [6.25]% of the Service Option Shares at the end of each full three calendar month period after the First Vesting Date if, Optionholder is, and has been, continuously employed by the Company or its Subsidiaries from the date of this Agreement through such date.
Appears in 5 contracts
Sources: Stock Option Agreement (Ping Identity Holding Corp.), Stock Option Agreement (Ping Identity Holding Corp.), Stock Option Agreement (Ping Identity Holding Corp.)
Service Options. The Service Options described in Section 2(a) above will have vested and become exercisable with respect to [twenty-five] five percent ([25]%25%) of the Service Option Shares underlying the Service Options on the twelve (12) month anniversary of the Vesting Commencement Date (the “First Vesting Date”) if the Optionholder remains in the continuous employ of or service with the Company or any of its Subsidiaries from and after the date hereof through and including such date, and with respect to an additional [6.25]% 6.25% of the Service Option Shares at the end of each full three calendar month period after the First Vesting Date if, Optionholder is, and has been, continuously employed by the Company or its Subsidiaries from the date of this Agreement through such date.
Appears in 2 contracts
Sources: Stock Option Agreement (Jamf Holding Corp.), Stock Option Agreement (Juno Topco, Inc.)
Service Options. The Service Options described in Section 2(a) above will have vested and become exercisable with respect to [twenty-five] five percent ([25]%25%) of the Service Option Shares underlying the Service Options on the twelve (12) month anniversary of the Vesting Commencement Date (the “First Vesting Date”) if the Optionholder remains in the continuous employ of or service with the Company or any of its Subsidiaries from and after the date hereof through and including such date, and with respect to an additional [6.25]% 6.25% of the Service Option Shares at the end of each full three calendar month period after the First Vesting Date if, Optionholder is, and has been, continuously employed by the Company or its Subsidiaries from the date of this Agreement through such date.
Appears in 2 contracts
Sources: Stock Option Agreement (Integral Ad Science Holding LLC), Stock Option Agreement (Integral Ad Science Holding LLC)
Service Options. The Service Options described in Section 2(a) above will have vested vest and become exercisable with respect to [twenty-five] percent ([25]%) 25% of the Service Option Shares underlying the Service Options on the twelve (12) -month anniversary of the Vesting Commencement Date (the “First Vesting Date”) if the Optionholder remains in the continuous employ of or service with the Company or any of its Subsidiaries from and after the date hereof through and including such date, and with respect to an additional [6.25]% 6.25% of the Service Option Shares at the end of each full three calendar month period after the First Vesting Date if, Optionholder is, and has been, continuously employed by the Company or its Subsidiaries from the date of this Agreement through such date.
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