Common use of Vesting Schedule and Expiration Clause in Contracts

Vesting Schedule and Expiration. This Option is not exercisable in any part until one (1) year after the date of Grant. Upon the expiration of one (▇) year after the date of Grant, and subject to the provisi▇▇▇ ▇or termination and acceleration herein, this Option shall become exercisable pursuant to the vesting schedule set forth below until and including the expiration date of this Option, whereupon the Option shall expire and may thereafter no longer be exercised. Vesting of the Option shall be as follows:

Vesting Schedule and Expiration. This Option is not exercisable in any part until one (1) year 30 days after the date of Grantgrant. Upon the expiration of one (▇) year 30 days after the date of Grant, grant and subject to the provisi▇▇▇ ▇or provisions for termination and acceleration herein, this Option shall become exercisable pursuant to in full or in part at the vesting schedule set forth below until and including the expiration date of this Option, whereupon the Option shall expire and may thereafter no longer be exercised. Vesting option of the Option shall be as follows:holder