Acceleration of Vesting and Exercisability. All outstanding stock options and shares of restricted stock (if any) granted to the Executive by the Company (and any successor to the Company) shall have 100% of their vesting and exercisability accelerated upon the later of (i) the date of a Termination Upon Change of Control, or (ii) the effective date of the release executed by the Executive pursuant to Section 5.3 of this Agreement.
Acceleration of Vesting and Exercisability. Notwithstanding anything to the contrary in Section 3.1 or the Grant Agreement, the Option shall become fully vested and exercisable on an accelerated basis under the following circumstances: (a) if Participant’s Termination of Employment occurs by reason of Participant’s Job Elimination and Participant executes and delivers, and does not revoke, a general waiver and release of all claims against the Company and its Subsidiaries and the employees, directors, agents and affiliates of the Company and its Subsidiaries, in a form acceptable to the Company in its sole and absolute discretion, then the Option shall become fully vested and exercisable upon the date such general waiver and release of all claims becomes effective and irrevocable; provided, that such general waiver and release of all claims becomes effective and irrevocable prior to the expiration of the Option pursuant to Section 3.4 or such earlier date as may be specified by the Company; and (b) if Participant’s Termination of Employment occurs by reason of Participant’s death or permanent and total disability (within the meaning of Code Section 22(e)(3)), then the Option shall become fully vested and exercisable immediately prior to Participant’s Termination of Employment.
Acceleration of Vesting and Exercisability. If the Option Holder is notified, in accordance with subsection 5(b), of a transaction described in subsection 5(a), the entire Option shall become 100% vested and exercisable, and he may exercise his Option at any time before the occurrence of the event requiring the giving of notice (but subject to occurrence of such event), regardless of whether all conditions of exercise relating to length of service or otherwise have been satisfied.
Acceleration of Vesting and Exercisability. All outstanding stock options and shares of restricted stock granted to the Executive under the Broadbase Software, Inc. 1999 Stock Incentive Plan, the Broadbase Software, Inc. 2000 Stock Incentive Plan and the Kana Communications, Inc. 1999 Stock Incentive Plan prior to the Change of Control shall have their vesting and exercisability accelerated by eighteen (18) months, such that all stock options and shares of restricted stock that would otherwise vest and become exercisable within eighteen (18) months following Executive's Termination Upon Change of Control shall vest and become exercisable upon such Termination Upon Change of Control, provided that Executive shall be entitled to any greater acceleration of vesting or exercisability provided for in the stock option or grant of restricted stock or the applicable plan pursuant to which the stock option or restricted stock was issued. The Executive will have up to twelve (12) months following Executive's Termination Upon Change of Control to exercise any stock options vested as of his Termination Upon Change of Control or as a result of this Section 2.3.1, but in no event more than ten (10) years after the initial grant date of such stock options.
Acceleration of Vesting and Exercisability on a Change in Control. Notwithstanding any provision to the contrary in any applicable plan, program or agreement, upon the occurrence of a Change in Control, all outstanding stock options, restricted stock and other equity rights held by the Executive will become fully vested and/or exercisable, as applicable, on the date in which the Change in Control occurs.
Acceleration of Vesting and Exercisability. Notwithstanding the provisions of Section 3.1, upon any of the following events, any then unvested Option shares shall accelerate and become fully vested and exercisable:
(a) Optionee’s death,
(b) Optionee’s Disability (as defined below),
(c) Optionee’s service as a member of the Board terminates due to Optionee’s failure to be reelected at an annual meeting of stockholders after being nominated by the Board for reelection, or
(d) Optionee’s service as a member of the Board terminates in connection with a Change of Control of the Company.
Acceleration of Vesting and Exercisability. Notwithstanding anything to the contrary in Section 3.1 or the Grant Agreement, if Participant’s Termination of Service occurs by reason of Participant’s death or permanent and total disability (within the meaning of Code Section 22(e)(3)), then the Option shall become fully vested and exercisable immediately prior to Participant’s Termination of Service.
Acceleration of Vesting and Exercisability. (a) In the event of Optionee’s Retirement, death or Disability while employed by the Company, the Option shall be and become automatically 100% vested and exercisable as of the date of such Retirement, death or Disability, as applicable.
(b) Upon a Change in Control, the Option shall be and become automatically 100% vested and exercisable; provided, however, that, except to the extent otherwise set forth in any Controlling Agreement, in the event provisions are made in connection with such Change in Control transaction for the continuance of the Plan and the assumption of the Option or the substitution for the Option of new incentive awards covering the stock of a successor employer corporation, or a parent or subsidiary thereof, with appropriate adjustments as to the number and kind of shares and prices, then the Option shall not be nor become 100% vested and exercisable upon such Change in Control.
Acceleration of Vesting and Exercisability. Upon the Executive’s Termination Upon Change of Control, the vesting or exercisability, of outstanding stock options and shares of restricted stock granted to the Executive under the Company’s 1994 Flexible Stock Incentive Plan, 1998 Stock Plan, 2000 Stock Plan, and 2001 Nonstatutory Stock Option Plan or under any other equity grant made by the Company (together, the “Company Plans”) shall be accelerated, such that, upon such Termination Upon Change of Control, 1/48th of the shares subject to each such stock option and restricted stock grant shall vest, or become exercisable, for each month from its grant date through the Change of Control and the greater of (a) 25% of all shares subject to each of the Executive’s options and 25% of all shares of each of the Executive’s restricted stock grants, or (b) 50% of unvested shares subject to each of the Executive’s options and 50% of unvested shares of each of the Executive’s restricted stock grants, after taking into account the monthly acceleration described above, shall vest or become exercisable.
Acceleration of Vesting and Exercisability. All outstanding stock options, shares of restricted stock and other equity awards (including without limitation stock unit or share unit awards) granted to the Executive by the Company (and any successor to the Company) shall have 100% of their vesting and exercisability accelerated upon the later of (i) the date of a Termination Upon Change of Control, or (ii) the effective date of the release executed by the Executive pursuant to Section 5.3 of this Agreement. Notwithstanding the foregoing, in the event a performance share unit award specifically provides for accelerated vesting in whole or in part upon a Change of Control, the terms of such award shall govern in lieu of this Section 2.3.
