ACCELERATION OF EQUITY AWARDS IN CONNECTION WITH CHANGE IN CONTROL WITHOUT TERMINATION. In the event that the Company’s successor or surviving entity in a Change in Control does not assume or continue the unvested portion of Executive’s equity awards, and the unvested awards will otherwise terminate, then effective immediately prior to such Change in Control, the unvested portion of the employee’s equity awards shall vest and (if applicable) become exercisable.
Appears in 5 contracts
Samples: Executive Employment Agreement (Eliem Therapeutics, Inc.), Executive Employment Agreement (Eliem Therapeutics, Inc.), Executive Employment Agreement (Eliem Therapeutics, Inc.)
