Common use of Accelerated Vesting Upon a Corporate Transaction Clause in Contracts

Accelerated Vesting Upon a Corporate Transaction. In the event of the completion of a Corporate Transaction, all Unvested Shares shall automatically vest and become Vested Shares immediately prior to the completion of the Corporate Transaction.

Appears in 3 contracts

Samples: Stock Option Agreement (Reading International Inc), Restricted Stock Agreement (Reading International Inc), Stock Appreciation Right Agreement (Reading International Inc)

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Accelerated Vesting Upon a Corporate Transaction. In Notwithstanding paragraph (a) of this Section B, in the event of the completion of a Corporate Transaction, all Unvested Shares shall automatically vest and become Vested Shares immediately prior to the completion of the Corporate Transaction.

Appears in 1 contract

Samples: Restricted Stock Agreement (Kindred Biosciences, Inc.)

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Accelerated Vesting Upon a Corporate Transaction. In Notwithstanding paragraph (a) above, in the event of the completion of a Corporate Transaction, all Unvested Shares shall immediately and automatically vest and become Vested Shares immediately on the day that is one day prior to the completion of the Corporate Transaction.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Cytrx Corp)

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