I must appologise.
I had ommitted the following from the IIP with regard to the vested tokens:
With clawback - All unvested INDEX returns to the Index Coop treasury if someone leaves or the full-time contributor relationship is otherwise ended.
Right of first refusal - Index Coop Treasury has the right of first refusal to buy-back INDEX at the prevailing market rate at that point from team members who wish to sell. The purpose of this is to limit the amount of vested INDEX reaching the open market.
This is the same phasing as IIP-36 with regard to the vested tokens.
I apologise for any inconvenience caused by my omission.
OA