Common use of Accelerated Vesting on Change in Control Clause in Contracts

Accelerated Vesting on Change in Control. In the event of a Change in Control, the Option will vest and become exercisable with respect to fifty percent (50%) of the then unvested Option Shares, as of the date of such Change in Control.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Five Below, Inc), Non Qualified Stock Option Agreement (Five Below, Inc), Non Qualified Stock Option Agreement (Five Below, Inc)

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Accelerated Vesting on Change in Control. In the event of a Change in Control, the Option will vest and become fully exercisable with respect to fifty percent (50%) of the all then unvested Option Shares, as of the date of such Change in Control.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (S1 Biopharma, Inc.), Non Qualified Stock Option Agreement (S1 Biopharma, Inc.), Non Qualified Stock Option Agreement (Five Below, Inc)

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Accelerated Vesting on Change in Control. In the event of a Change in Control, the Option will vest and become fully exercisable with respect to fifty percent (50%) all of the then unvested Option Shares, as of the date of such Change in Control.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Five Below, Inc)

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