Acceleration of Vesting of Options. Notwithstanding anything contained herein to the contrary, whether or not the Executive’s employment with the Company or its successor is terminated upon a Change of Control, to the extent permitted under applicable law, upon the occurrence of a Change of Control all outstanding unvested stock options and all previously granted unvested restricted stock awards granted to the Executive by the Company shall accelerate and vest.
Appears in 5 contracts
Samples: Change of Control Agreement (Primal Solutions Inc), Change of Control Agreement (Primal Solutions Inc), Change of Control Agreement (Primal Solutions Inc)
Acceleration of Vesting of Options. Notwithstanding anything contained ---------------------------------- herein to the contrary, whether or not the Executive’s 's employment with the Company or its successor is terminated upon a the Change of Control, to the extent permitted under applicable law, upon the occurrence of a Change of Control all outstanding unvested stock options and all previously granted unvested restricted stock awards granted to the Executive by the Company shall accelerate and vest.
Appears in 2 contracts
Samples: Change of Control Agreement (Primal Solutions Inc), Change of Control Agreement (Primal Solutions Inc)