Common use of Acceleration of Vesting of Stock Awards Clause in Contracts

Acceleration of Vesting of Stock Awards. (i) The vesting and/or exercisability of one hundred percent (100%) of Employee’s outstanding Stock Awards shall be automatically accelerated on the date of a Change of Control.

Appears in 3 contracts

Samples: Employment Agreement (Conatus Pharmaceuticals Inc.), Employment Agreement (Conatus Pharmaceuticals Inc), Employment Agreement (Conatus Pharmaceuticals Inc)

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Acceleration of Vesting of Stock Awards. (i) The With respect to Stock Awards granted to Employee prior to the Public Trading Date, the vesting and/or exercisability of one hundred percent (100%) of Employee’s outstanding such Stock Awards shall be automatically accelerated on the date of a Change of Control.

Appears in 3 contracts

Samples: Employment Agreement (Conatus Pharmaceuticals Inc.), Employment Agreement (Conatus Pharmaceuticals Inc), Employment Agreement (Conatus Pharmaceuticals Inc)

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Acceleration of Vesting of Stock Awards. (i) The In the event of a Change of Control, the vesting and/or exercisability of one hundred percent (100%) each of Employee’s 's outstanding Stock Awards shall be automatically accelerated on the date of a such Change of ControlControl as to the number of Stock Awards that would vest over the twenty-four (24) month period following the date of such Change of Control pursuant to the vesting schedule(s) applicable to such Stock Awards.

Appears in 1 contract

Samples: Employment Agreement (Conatus Pharmaceuticals Inc.)

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