Accelerated Vesting Due to Acquisition. In the event an Acquisition occurs while the Optionee maintains a Business Relationship with the Company and this option has not fully vested, this option shall become exercisable for 100% of the number of Shares subject to this option, such vesting to occur immediately prior to the closing of the Acquisition.
Appears in 10 contracts
Samples: Non Qualified Stock Option Agreement (World Surveillance Group Inc.), Non Qualified Stock Option Agreement (World Surveillance Group Inc.), Non Qualified Stock Option Agreement (World Surveillance Group Inc.)
Accelerated Vesting Due to Acquisition. In the event an Acquisition that is not a Private Transaction occurs while the Optionee maintains a Business Relationship with the Company and this option has not fully vested, this option shall become exercisable for 100% of the then number of Shares subject as to this optionwhich it has not vested, such vesting to occur immediately prior to the closing of the Acquisition.
Appears in 5 contracts
Samples: Stock Option Agreement (Eurosite Power Inc.), Stock Option Agreement (American Dg Energy Inc), Stock Option Agreement (Tecogen Inc)
Accelerated Vesting Due to Acquisition. In the event an Acquisition that is not a Private Transaction occurs while the Optionee maintains a Business Relationship with the Company and this option has not fully vested, this option shall become exercisable for 100% of the number of Shares subject to this option, such vesting to occur immediately prior to the closing of the Acquisition.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Karyopharm Therapeutics Inc.), Non Qualified Stock Option Agreement (Karyopharm Therapeutics Inc.)
