Accelerated Vesting of Options. If: ------------------------------ (a) a Change of Control shall have occurred and the Executive's employment with the Company is terminated by the Executive for Good Reason; or (b) during the period from ninety days prior to the commencement or public announcement of a Change of Control until two years after a Change of Control the Executive's employment with the Company is terminated by the Company other than for Cause; then all unvested options granted to the Executive by the Company or any successor entity prior to, simultaneously with or in connection with the Change of Control shall vest immediately prior to such termination of Employment.
Appears in 9 contracts
Samples: Employment Agreement (Ribozyme Pharmaceuticals Inc), Employment Agreement (Ribozyme Pharmaceuticals Inc), Employment Agreement (Ribozyme Pharmaceuticals Inc)