Acceleration of Deferred Option Consideration. Within thirty (30) Business Days after Buyer’s receipt of payment following the closing of a Buyer Change of Control, or within thirty (30) Business Days after the occurrence of an Acceleration Event not involving a Buyer Change of Control, Buyer shall pay to each Non-Exempt Optionholder then eligible to receive Deferred Option Consideration the applicable per share amounts set forth on Schedule 2.03(h) attached hereto according to the share numbers set forth opposite such Optionholder’s name on the Closing Capitalization Table. For the avoidance of doubt, if Deferred Option Consideration has already been paid to a Non-Exempt Optionholder, or if Deferred Option Consideration is not paid or payable to a Non-Exempt Optionholder due to forfeiture pursuant to Section 2.03(h)(i) or Section 2.03(h)(ii), then such Non-Exempt Optionholder will not be entitled to receive any payment pursuant to this Section 2.03(i).
Appears in 4 contracts
Samples: Stock Purchase Agreement, Stock Purchase Agreement, Stock Purchase Agreement (Cvent Inc)