Common use of Accelerated Vesting of Stock Awards Clause in Contracts

Accelerated Vesting of Stock Awards. Notwithstanding any provision of this Agreement to the contrary, in (A) the award agreement for the Stock Award or (B) the plan under which the Stock Award was granted, with respect to Executive, each outstanding Stock Award held by Executive immediately before the Termination Date and not yet exercised or forfeited (as the case may be) will automatically accelerate and become fully vested, exercisable, and nonforfeitable as of the Termination Date, or in the event of an Anticipatory Termination as of the date of the occurrence of the Change of Control (in each case, to the extent the Stock Award was not already fully vested and exercisable at such time), to the same extent as though all requisite time had passed to fully vest the Stock Award or cause it to become exercisable or nonforfeitable. This Section 3.8.1(ii) shall not apply to the Initial Award, which shall be governed by the terms of the applicable award agreement.

Accelerated Vesting of Stock Awards. Notwithstanding any provision of this Agreement to the contrary, in (A) the award agreement for the Stock Award or (B) the plan under which the Stock Award was granted, with respect to Executive, each outstanding Stock Award held by Executive immediately before the Termination Date and not yet exercised or forfeited (as the case may be) will automatically accelerate and become fully vested, exercisable, and nonforfeitable as of the Termination Date, or in the event of an Anticipatory Termination as of the date of the occurrence of the Change of Control (in each case, to the extent the Stock Award was not already fully vested and exercisable at such time), to the same extent as though all requisite time had passed to fully vest the Stock Award or cause it to become exercisable or nonforfeitable. This Section 3.8.1(ii) shall not apply to the Initial Award, which shall be governed by the terms of the applicable award agreement.

Accelerated Vesting of Stock Awards. Notwithstanding any provision of this Agreement to the contrary, in (A) the award agreement for the Stock Award or (B) the plan under which the Stock Award was granted, with respect to Executive, each outstanding Stock Award held by Executive immediately before the Termination Date and not yet exercised or forfeited (as the case may be) will automatically accelerate and become fully vested, exercisable, and nonforfeitable as of the Termination Date, or in the event of an Anticipatory Termination as of the date of the occurrence of the Change of Control (in each case, to the extent the Stock Award was not already fully vested and exercisable at such time), to the same extent as though all requisite time had passed to fully vest the Stock Award or cause it to become exercisable or nonforfeitable. This Section 3.8.1(ii) 3.8.1.2 shall not apply to the Initial Award, which shall be governed by the terms of the applicable award agreement.