Common use of Acceleration of Equity Awards Clause in Contracts

Acceleration of Equity Awards. All: (i) outstanding and unvested options to purchase Common Stock granted to Executive under any equity plan of the Company, (ii) unvested shares of restricted Common Stock awarded to the Executive under any equity plan of the Company, and (iii) other equity and equity equivalent awards then held by the Executive, shall be accelerated in full, and thereafter all such options, shares of restricted Common Stock and other equity awards shall be immediately vested and exercisable for such period of time as provided for by the specific agreements governing each such award, upon Executive’s termination pursuant to Sections 11(b), (c), (e) or (f) hereof.

Appears in 9 contracts

Samples: Employment Agreement (NewtekOne, Inc.), Employment Agreement (NewtekOne, Inc.), Employment Agreement (Newtek Business Services Corp.)

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Acceleration of Equity Awards. All: (i) outstanding and unvested options to purchase Common Stock granted to Executive under any equity plan of the CompanyParent, (ii) unvested shares of restricted Common Stock awarded to the Executive under any equity plan of the CompanyParent, and (iii) other equity and equity equivalent awards then held by the Executive, shall be accelerated in full, and thereafter all such options, shares of restricted Common Stock and other equity awards shall be immediately vested and exercisable for such period of time as provided for by the specific agreements governing each such award, upon Executive’s termination pursuant to Sections 11(b), (c), (e) or (f) hereof.

Appears in 5 contracts

Samples: Employment Agreement (NewtekOne, Inc.), Employment Agreement (Newtek Business Services Corp.), Employment Agreement (Newtek Business Services Corp.)

Acceleration of Equity Awards. All: All (ia) outstanding and unvested options to purchase Common Stock granted to Executive under any equity plan of the Company, (iib) unvested shares of restricted Common Stock awarded to the Executive under any equity plan of the Company, and (iiic) other equity and equity equivalent awards then held by the Executive, shall be accelerated in full, and thereafter all such options, shares of restricted Common Stock and other equity awards shall be immediately vested and exercisable for such period of time as provided for by the specific agreements governing each such award, upon Executive’s termination pursuant to Sections 11(b), (c), (e) or and (f) hereof.

Appears in 3 contracts

Samples: Employment Agreement (Newtek Business Services Corp.), Employment Agreement (Newtek Business Services Corp.), Employment Agreement (Newtek Business Services Corp.)

Acceleration of Equity Awards. All: All (ia) outstanding and unvested options to purchase Common Stock granted to Executive under any equity plan of the Company, (iib) unvested shares of restricted Common Stock awarded to the Executive under any equity plan of the Company, and (iiic) other equity and equity equivalent awards then held by the Executive, shall be accelerated in full, and thereafter all such options, shares of restricted Common Stock and other equity awards shall be immediately vested and exercisable for such period of time as provided for by the specific agreements governing each such award, upon Executive’s termination pursuant to Sections 11(b), (c), (e) or and (f) hereof. 12.

Appears in 3 contracts

Samples: Employment Agreement (NewtekOne, Inc.), Employment Agreement (NewtekOne, Inc.), Employment Agreement (Newtek Business Services Corp.)

Acceleration of Equity Awards. All: All (ia) outstanding and unvested options to purchase Common Stock granted to Executive under any equity plan of the Company, (iib) unvested shares of restricted Common Stock awarded to the Executive under any equity plan of the Company, and (iiic) other equity and equity equivalent awards then held by the Executive, shall be accelerated in full, and thereafter all such options, shares of restricted Common Stock and other equity awards shall be immediately vested and exercisable for such period of time as provided for by the specific agreements governing each such award, upon Executive’s termination pursuant to Sections 11(b), (c), ) and (e) or (f) hereof.

Appears in 3 contracts

Samples: Employment Agreement (Newtek Business Services Corp.), Employment Agreement (Newtek Business Services Corp.), Employment Agreement (Newtek Business Services Corp.)

Acceleration of Equity Awards. All: (i) outstanding and unvested options to purchase Common Stock granted to Executive under any equity plan of the Company, (ii) unvested shares of restricted Common Stock awarded to the Executive under any equity plan of the Company, and (iii) other equity and equity equivalent awards then held by the Executive, shall be accelerated in full, and thereafter all such options, shares of restricted Common Stock and other equity awards shall be immediately vested and exercisable for such period of time as provided for by the specific agreements governing each such award, upon Executive’s termination pursuant to Sections 11(b), (c), ) or (e) or (f) hereof. 12.

Appears in 2 contracts

Samples: Employment Agreement (NewtekOne, Inc.), Employment Agreement (Newtek Business Services Corp.)

Acceleration of Equity Awards. All: All (ia) outstanding and unvested options to purchase Common Stock granted to Executive under any equity plan of the Company, (iib) unvested shares of restricted Common Stock awarded to the Executive under any equity plan of the Company, and (iiic) other equity and equity equivalent awards then held by the Executive, shall be accelerated in full, and thereafter all such options, shares of restricted Common Stock and other equity awards shall be immediately vested and exercisable for such period of time as provided for by the specific agreements governing each such award, upon Executive’s termination pursuant to Sections 11(b), (c), (e) or (f) hereof.

Appears in 2 contracts

Samples: Employment Agreement (Newtek Business Services Corp.), Employment Agreement (Newtek Business Services Corp.)

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Acceleration of Equity Awards. All: (i) outstanding and unvested options to purchase Common Stock granted to Executive under any equity plan of the Company, (ii) unvested shares of restricted Common Stock awarded to the Executive under any equity plan of the Company, and (iii) other equity and equity equivalent awards then held by the Executive, shall be accelerated in full, and thereafter all such options, shares of restricted Common Stock and other equity awards shall be immediately vested and exercisable for such period of time as provided for by the specific agreements governing each such award, upon Executive’s termination pursuant to Sections 11(b), (c), (e) or (f) hereof. 12.

Appears in 2 contracts

Samples: Employment Agreement (NewtekOne, Inc.), Employment Agreement (NewtekOne, Inc.)

Acceleration of Equity Awards. All: (i) outstanding and unvested options to purchase Common Stock granted to Executive under any equity plan of the CompanyParent, (ii) unvested shares of restricted Common Stock awarded to the Executive under any equity plan of the CompanyParent, and (iii) other equity and equity equivalent awards then held by the Executive, shall be accelerated in full, and thereafter all such options, shares of restricted Common Stock and other equity awards shall be immediately vested and exercisable for such period of time as provided for by the specific agreements governing each such award, upon Executive’s termination pursuant to Sections 11(b), (c), (e) or (f) hereof. 12.

Appears in 1 contract

Samples: Employment Agreement (NewtekOne, Inc.)

Acceleration of Equity Awards. All: (i) outstanding and unvested options to purchase Common Stock granted to Executive under any equity plan of the Company, (ii) unvested shares of restricted Common Stock awarded to the Executive under any equity plan of the Company, and (iii) other equity and equity equivalent awards then held by the Executive, shall be accelerated in full, and thereafter all such options, shares of restricted Common Stock and other equity awards shall be immediately vested and exercisable for such period of time as provided for by the specific agreements governing each such award, upon Executive’s termination pursuant to Sections 11(b), (c), (e) or (fc) hereof. 12.

Appears in 1 contract

Samples: Employment Agreement (NewtekOne, Inc.)

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