Exercisable Option Shares

Example Definitions of "Exercisable Option Shares"
Exercisable Option Shares. Shall mean the shares of Common Stock which, at the Repurchase Calculation Date, could be purchased by the Management Stockholder upon exercise of his or her outstanding and exercisable Options.
Exercisable Option Shares. Shall mean, from time to time, the shares of Common Stock that could be purchased by the Director Stockholder upon exercise of the outstanding and then-vested and exercisable portion of such Options.
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