Common use of Accelerated Vesting Clause in Contracts

Accelerated Vesting. As an additional Severance Benefit, the Company shall accelerate the vesting of any equity awards then held by you such that one hundred percent (100%) of such awards shall be deemed immediately vested (and, as applicable, exercisable) as of your Separation from Service date, except to the extent that the equity award grant documentation relating to an equity award contains an explicit provision to the contrary.

Appears in 15 contracts

Samples: Employment Agreement (Stitch Fix, Inc.), Offer of Employment (Stitch Fix, Inc.), Chief Executive Officer Employment Offer Letter (Stitch Fix, Inc.)

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