Vesting Schedule and Exercise Price Clause Samples

The "Vesting Schedule and Exercise Price" clause defines how and when an individual gains the right to exercise stock options or equity grants, as well as the price at which these options can be purchased. Typically, this clause outlines a timeline—such as a four-year vesting period with a one-year cliff—during which the recipient gradually earns ownership of the granted shares, and specifies the fixed price per share that must be paid to exercise the options. Its core function is to incentivize long-term commitment and performance by aligning the recipient’s interests with the company’s success, while also protecting the company from immediate or unearned equity dilution.
Vesting Schedule and Exercise Price. The Options are exercisable in accordance with the vesting schedule set forth in Section 5.1(e) of the Plan.
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Vesting Schedule and Exercise Price. The Options are exercisable in accordance with the vesting schedule set forth in Section 5.1(e) of the Plan at an exercise price of US$1.40 per share.
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Vesting Schedule and Exercise Price. The Options are exercisable in accordance with the vesting schedule set forth in Exhibit A hereto; provided, however, that no Option shall vest unless and until the Plan has been approved by the stockholders of the Corporation, as evidenced by an ordinary resolution adopted by the stockholders at an annual or special meeting of the Corporation. The exercise price payable upon exercise of this Option shall be $u per share of Common Stock.
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Vesting Schedule and Exercise Price. The Options are exercisable in accordance with the vesting schedule set forth in Exhibit A hereto. The exercise price payable upon exercise of this Option shall be ______________per share of Common Stock.
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Related to Vesting Schedule and Exercise Price

  • NUMBER OF SHARES AND EXERCISE PRICE The number of shares of Common Stock subject to your option and your exercise price per share referenced in your Grant Notice may be adjusted from time to time for Capitalization Adjustments.

  • Certification of Adjusted Exercise Price or Number of Shares of Common Stock Whenever the Exercise Price or the number of shares of Common Stock issuable upon the exercise of each Warrant is adjusted as provided in Section 11 or 13, the Company shall (a) promptly prepare a certificate setting forth the Exercise Price of each Warrant as so adjusted, and a brief statement of the facts accounting for such adjustment, (b) promptly file with the Warrant Agent and with each transfer agent for the Common Stock a copy of such certificate and (c) instruct the Warrant Agent to send a brief summary thereof to each Holder of a Warrant Certificate.

  • Number of Shares; Exercise Price This certifies that, for value received, the United States Department of the Treasury or its permitted assigns (the “Warrantholder”) is entitled, upon the terms and subject to the conditions hereinafter set forth, to acquire from the Company, in whole or in part, after the receipt of all applicable Regulatory Approvals, if any, up to an aggregate of the number of fully paid and nonassessable shares of Common Stock set forth in Item 6 of Schedule A hereto, at a purchase price per share of Common Stock equal to the Exercise Price. The number of shares of Common Stock (the “Shares”) and the Exercise Price are subject to adjustment as provided herein, and all references to “Common Stock,” “Shares” and “Exercise Price” herein shall be deemed to include any such adjustment or series of adjustments.

  • Vesting Schedule Except as provided in Section 4, and subject to Section 5, the Restricted Stock Units awarded by this Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Restricted Stock Units scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Award Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting occurs.

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.