Define: Unvested Shares
Unvested Shares means shares not yet vested and subject to repurchase by [Organization]
Unvested Shares means shares not yet vested and subject to repurchase by [Organization].
Relevant Circumstances
- Establishment of employee equity incentive programs
- Granting of stock option plans to executives or other employees
- Upon making investments into a company receiving equity stakes
- Establishment of company shareholder agreements