Tiered: - $10k - $24.9k -- 10% Discount with 1 Year Vesting - $25k - $99.9k -- 20% Discount with 2 Year Vesting - $100k + -- 35% Discount with 3 Year Vesting Any discount will be applied to the Conversion Price at the Platform Launch in connection with the conversion of the SAFT into the Tokens. The term “vesting” means the lapse of a use restrictions on the Tokens. 100% of the Tokens will be distributed to the Investor on the Distribution Event, subject to such use restriction. 20% of the Tokens shall vest immediately at the Distribution Event and not be subject to any use restriction. The remaining 80% shall be subject to the use restriction and vest in equal installments such that they will be fully vested at the end of the vesting period following the Distribution Event.