Accelerated Vesting in Event of Termination without Cause Following Change of Control. Subject to the terms and conditions of Section 4(d), in the event that a Change of Control (as defined below) occurs and within a period of one (1) year following the Change of Control Company terminates Executive’s employment without Cause, then Executive automatically shall become vested in one hundred percent (100%) of outstanding time-based equity awards granted to Executive by Company.
Appears in 4 contracts
Samples: Executive Employment Agreement (AeroClean Technologies, Inc.), Executive Employment Agreement (AeroClean Technologies, Inc.), Executive Employment Agreement (AeroClean Technologies, Inc.)
