3. Terms and Conditions
3.1. Grant of Options:
The Company hereby grants to the Employee the right to purchase shares of its common stock, subject to the terms and conditions set forth herein.
3.2. Vesting:
The Options shall vest according to the vesting schedule described above.
3.3. Expiration:
All unexercised Options will expire on the Expiration Date.
3.4. Exercise of Options:
Options may be exercised by providing written notice to the Company.
3.5. Termination of Employment:
Unvested Options will be forfeited upon termination of employment unless otherwise provided in the Plan or this Agreement.
3.6. Additional Terms:
The Options are subject to all terms, conditions, and provisions of the Company’s Equity Incentive Plan.