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

Acceleration of Vesting of Stock Option. On the date of termination of Executive’s employment, 100% of the shares subject to any stock option then held by Executive, including without limitation, the option described in Section 2.3, shall vest and become immediately exercisable.

Appears in 4 contracts

Samples: Employment Agreement (Saba Software Inc), Employment Agreement (Saba Software Inc), Employment Agreement (Saba Software Inc)

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Acceleration of Vesting of Stock Option. On the date of termination of Executive’s employment, 100% of the shares subject to any stock option then held by Executive, including without limitation, the option described in Section 2.32.4, shall vest and become immediately exercisable.

Appears in 2 contracts

Samples: Employment Agreement (Saba Software Inc), Employment Agreement (Saba Software Inc)

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Acceleration of Vesting of Stock Option. On the date of termination of Executive’s employment, 100% of the shares subject to any stock option then held by Executive, including without limitation, the option options described in Section 2.3, shall vest and become immediately exercisable.

Appears in 1 contract

Samples: Employment Agreement (Saba Software Inc)

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