Common use of Acceleration of Exercisability and Vesting Clause in Contracts

Acceleration of Exercisability and Vesting. The Committee shall have the power to accelerate the time at which an Award may first be exercised or the time during which an Award or any part thereof will vest in accordance with the Plan, notwithstanding the provisions in the Award stating the time at which it may first be exercised or the time during which it will vest.

Appears in 3 contracts

Samples: Merger Agreement (Monterey Capital Acquisition Corp), Merger Agreement (Fortune Rise Acquisition Corp), Business Combination Agreement (Collier Creek Holdings)

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Acceleration of Exercisability and Vesting. The Committee Board shall have the power to accelerate the time at which an Award may first be exercised or the time during which an Award or any part thereof will vest in accordance with the Plan, notwithstanding the provisions in the Award stating the time at which it may first be exercised or the time during which it will vest.

Appears in 1 contract

Samples: Note Purchase Agreement (BioCorRx Inc.)

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