Document ID: 10684

Text:
2. | Vesting Schedule. ---|--- This option will become exercisable (vest) as to 25% of the original number of Shares on the first anniversary of the Vesting Commencement Date (as defined below) and as to an additional 2.0833% of the original number of Shares at the end of each successive month following the first anniversary of the Vesting Commencement Date until the fourth anniversary of the Vesting Commencement Date; provided that, (i)in the event of a Reorganization Event (as defined in the Plan) prior to the first anniversary of the Vesting Commencement Date, then the 25% of the original number of Shares that would otherwise have become vested on the first anniversary of the Vesting Commencement Date shall instead immediately become vested upon consummation of the Reorganization Event, with monthly vesting thereafter in equal installments for the following 36 months, and (ii)in the event the Participants employment is terminated by the Participant for Good Reason (as defined in that certain Employment Agreement , by and between the Company and the Participant, dated as of June8, 2016 (the Employment Agreement )) or by the Company Without Cause (as defined in the Employment Agreement ) within six months prior to or twelve months following a Reorganization Event, then 100% of the Shares shall be fully vested. For purposes of this Agreement, Vesting Commencement Date shall mean June20, 2016 .

Named Entities:
23
24
Percentage
33
34
TerminationDate
50
53
Percentage
78
79
TerminationDate
191
192
Title
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244
Percentage
264
266
TerminationDate

Tokenized Text:
2
.
|
Vesting
Schedule
.
-
-
-
|
-
-
-
This
option
will
become
exercisable
(
vest
)
as
to
25
%
of
the
original
number
of
Shares
on
the
first
anniversary
of
the
Vesting
Commencement
Date
(
as
defined
below
)
and
as
to
an
additional
2
.
0833
%
of
the
original
number
of
Shares
at
the
end
of
each
successive
month
following
the
first
anniversary
of
the
Vesting
Commencement
Date
until
the
fourth
anniversary
of
the
Vesting
Commencement
Date
;
provided
that
,
(
i
)
in
the
event
of
a
Reorganization
Event
(
as
defined
in
the
Plan
)
prior
to
the
first
anniversary
of
the
Vesting
Commencement
Date
,
then
the
25
%
of
the
original
number
of
Shares
that
would
otherwise
have
become
vested
on
the
first
anniversary
of
the
Vesting
Commencement
Date
shall
instead
immediately
become
vested
upon
consummation
of
the
Reorganization
Event
,
with
monthly
vesting
thereafter
in
equal
installments
for
the
following
36
months
,
and
(
ii
)
in
the
event
the
Participants
employment
is
terminated
by
the
Participant
for
Good
Reason
(
as
defined
in
that
certain
Employment
Agreement
,
by
and
between
the
Company
and
the
Participant
,
dated
as
of
June8
,
2016
(
the
Employment
Agreement
)
)
or
by
the
Company
Without
Cause
(
as
defined
in
the
Employment
Agreement
)
within
six
months
prior
to
or
twelve
months
following
a
Reorganization
Event
,
then
100
%
of
the
Shares
shall
be
fully
vested
.
For
purposes
of
this
Agreement
,
Vesting
Commencement
Date
shall
mean
June20
,
2016
.