Accelerated Vesting of Stock Options. All stock options and restricted stock held by the Executive under any stock option or incentive plan maintained by the Company (including the Company's 1995 and 1999 Long-Term Incentive Plans) shall immediately vest and become exercisable as of the Date of Termination, to be exercised in accordance with the terms of the applicable plan.
Accelerated Vesting of Stock Options. Any stock options to purchase Common Stock of the Company then held by Executive on the date of termination which are then subject to vesting shall, notwithstanding any contrary provision in this Agreement or the Plan pursuant to which such options had been granted, become fully vested and exercisable on the date of termination.
Accelerated Vesting of Stock Options. In the event a Change in Control occurs following the effective date of options granted to the Executive to purchase the Company's common stock, and if the Executive is employed by the Company as of the date of the Change in Control, the Executive's stock options shall have their vesting accelerated in full so as to become 100% vested, effective as of the time immediately preceding the effective time of the Change in Control. In the event the Executive's services are terminated in a Non-Cause Termination of Employment during the year after a Change in Control, any stock options granted to the Executive to purchase the Company's common stock that are not otherwise vested (including any stock options with effective dates after a Change in Control) shall have their vesting accelerated in full so as to become 100% vested, effective as of the date of the Executive's termination of employment.
Accelerated Vesting of Stock Options. If a Change in Control shall occur after the date of this Agreement and you are then still an employee of the Company:
Accelerated Vesting of Stock Options. All of the stock options previously or hereinafter granted to the Employee under any and all agreements with Employer shall become immediately exercisable and vested (i) should the Employer discharge Employee, or (ii) upon termination of this Agreement as Amended, as long as such vesting is allowable under the Employer's stock option plan pursuant to which Employee received such options.
Accelerated Vesting of Stock Options. All stock options held by Executive as of the Termination Date which would have vested during the twelve (12) consecutive month period occurring immediately after the Termination Date shall accelerate and become immediately vested on the Termination Date. All outstanding stock options held by Executive that are vested and exercisable as of the Termination Date (including amounts that vest pursuant to the provisions of this Agreement) shall be exercisable for the greater of (i) the period set forth in the applicable award agreement, or (ii) twelve (12) months from the Termination Date. In no event, however, shall an option be exercisable beyond its original term.
Accelerated Vesting of Stock Options. The parties acknowledge and ------------------------------------ agree that for all unvested stock options granted by Employer to Employee, and for all stock subject to Employer's buy-back right, there shall be accelerated and immediately vesting upon Employer terminating employment of Employee without Cause, or upon a termination of employment pursuant to Section 1(a) or (b).
Accelerated Vesting of Stock Options. In the event that (i) Employee's employment with the Company is terminated by the Company for any reason other than "cause", (ii) Employee's employment with the Company is terminated by Employee for "good reason", (iii) Employee's employment with the Company is terminated because of death or physical disability within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, or (iv) a "change in control" (as defined in subparagraphs (a) through (c) below) of the Company occurs, all shares of the Company's Common Stock subject to outstanding options held by Employee at the time of the event shall be fully vested as of the date of such event. For purposes of this Agreement, a "change in control" of the Company shall mean:
(a) consummation of any consolidation, merger or plan of share exchange involving the Company (a "MERGER") in which the Company is not the continuing or surviving corporation or pursuant to which shares of Common Stock of the Company would be converted into cash, securities or other property, other than a Merger in which the holders of shares of Common Stock of the Company immediately prior to the Merger have the same proportionate ownership of common stock of the surviving corporation immediately after the Merger or a Merger in which Employee's rights under stock options held by Employee are assumed or remain in effect;
(b) consummation of any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all, or substantially all, the assets of the Company other than a transaction in which Employee's rights under stock options held by Employee are assumed or remain in effect; or
(c) the adoption of any plan or proposal for the liquidation or dissolution of the Company.
Accelerated Vesting of Stock Options. All of your unvested stock options that would have vested at any time before September 30, 2012, shall immediately vest as of the Termination Date.
Accelerated Vesting of Stock Options. In the event that the Employee is terminated for any of the reasons described in sections 7.2 or 7.3, in addition to any other right or privilege hereunder, any options to purchase Company common stock that have been granted to Employee by the Company as of the date hereof or that may be granted in the future (collectively, the “Stock Options”) that are outstanding, but not yet exercisable, in whole or in part, as of the effective date of such termination, shall become fully vested and exercisable effective on the last day of Employee’s employment with the Company and shall be otherwise exercisable in accordance with the terms of the stock option grant and applicable Company stock option plan.
