Acceleration of Vesting Upon a Change in Control. In the event of a Change in Control, immediately prior to the occurrence of such Change in Control, the vesting of each Company equity award held by the Executive shall accelerate (and be released from any repurchase option in favor of the Company, if applicable) by the number of shares subject to such equity award that would have otherwise been vested on the date that is twelve (12) months after the effective date of the Change in Control.
Appears in 7 contracts
Samples: Change in Control Severance Agreement (SGX Pharmaceuticals, Inc.), Change in Control Severance Agreement (SGX Pharmaceuticals, Inc.), Change in Control Severance Agreement (SGX Pharmaceuticals, Inc.)
