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)

Acceleration of Vesting of Stock Option. On the date of Executive’s termination of Executive’s employment, 100% the vesting of the shares subject to any stock option then held by Executive, including without limitation, limitation the option described in Section 2.32.4, shall vest and become immediately exercisableaccelerate as though Executive had remained in employment for an additional twelve (12) months.

Appears in 1 contract

Samples: 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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