Acceleration of Option Vesting. The option agreements between the Company and the Key Executive shall be amended to provide that the vesting of all outstanding options to purchase the Company's common stock shall be accelerated so that such options will vest and become exercisable, in full, upon the closing of the Change of Control Transaction.
Appears in 3 contracts
Samples: Key Management Retention Agreement (Raytel Medical Corp), Key Management Retention Agreement (Raytel Medical Corp), Key Management Retention Agreement (Raytel Medical Corp)
Acceleration of Option Vesting. The option agreements between the Company and the Key Executive shall be amended to provide that the vesting provisions of all outstanding options to purchase the Company's common stock Common Stock held by the Executive shall be accelerated so that such options will vest and become exercisable, in full, upon the closing of the Change of Control TransactionControl, to the extent any such option agreements do not currently provide for such acceleration of vesting.
Appears in 2 contracts
Samples: Key Management Retention Agreement (Raytel Medical Corp), Key Management Retention Agreement (Raytel Medical Corp)
