Acceleration of Vesting Upon Termination. [Notwithstanding any other term or provision of this Agreement, in the event that the Recipient’s Continuous Service is terminated either by the Company without Cause or by the Recipient for Good Reason, the shares of Restricted Stock subject to this Agreement shall become immediately vested as of the date of the termination of the Recipient’s Continuous Service.]
Acceleration of Vesting Upon Termination. Notwithstanding any other term or provision of this Agreement, in the event the Grantee ceases to be continuously employed by the Company or a Subsidiary either due to a termination by the Company or a Subsidiary without Cause or by the Grantee for Good Reason during the eighteen (18) month period immediately following a Change in Control, all Non-Vested MSUs subject to this Agreement that are then outstanding shall become immediately Vested MSUs as of the date of the Grantee’s termination of employment.
Acceleration of Vesting Upon Termination. Notwithstanding any other provision in this Agreement and except as otherwise provided in Section 2(g), in the event that the Recipient’s Continuous Service is terminated prior to the Vesting Date either by the Company or any Related Entity without Cause or by the Recipient for Good Reason, a portion of the RSUs equal to (i) the number of full months of Continuous Service following the Date of Grant through the date of termination, divided by (ii) the total number of months between the Date of Grant and the Vesting Date, shall become vested as of the Vesting Date, provided that the Performance Goals described herein are attained during the Performance Period. The Percentage Payable per RSU shall be the percentage, if any, determined and certified by the Committee pursuant to Section 2(a) above.
Acceleration of Vesting Upon Termination. Notwithstanding any other term or provision of this Agreement, in the event that the Participant’s Continuous Service is terminated either by the Company without Good Cause or by the Participant for Good Reason during the eighteen (18) month period immediately following a Change in Control, all Non-Vested Deferred Stock Units subject to this Agreement shall become immediately vested as of the date of the termination of the Participant’s Continuous Service.
Acceleration of Vesting Upon Termination. Notwithstanding Section 2(a), any unvested RSUs subject to this Agreement shall vest as follows:
(i) Upon termination of Continuous Service, on a Prorated Basis, in the event of a termination by the Company or any Related Entity without Justifiable Cause or by the Participant for Good Reason, provided that for purposes of Section 2(b)(i), a “Prorated Basis” means the total number of RSUs granted multiplied by the following fraction: the number of days from the Date of Grant divided by the number of days between the Date of Grant and October 7, 2025, less any RSUs that have already vested or
(ii) Upon termination of Continuous Service, in full, in the event of (A) a termination by the Company or any Related Entity without Justifiable Cause, (B) termination by the Participant for Good Reason, or (C) death or termination by the Company for Disability, if such termination event occurs within the 18-month period immediately following a Change in Control. Additionally, in the event the Participant becomes partially vested and forfeits RSUs pursuant to Section 2(b)(i) and a Change in Control occurs within the 6-month period immediately following the termination by the Company without Justifiable Cause or by the Participant for Good Reason, the Participant shall be paid an amount equal to the value of the RSUs that were forfeited upon his termination (including the value of any Dividend Equivalents that would have been awarded through the date of the Change in Control if the Participant had remained in Continuous Service through the date of the Change in Control), if any, calculated on the date immediately prior to the Change in Control and such payment, less lawful withholdings, shall be made in cash on the first payroll date following the six-month anniversary of the date of termination.
Acceleration of Vesting Upon Termination. If, in the event of a Change in Control and the vesting of the Shares subject to the RSUs subject to this Agreement are not accelerated under Section 8(a) of the Plan, the Shares subject to the RSUs subject to this Agreement shall become fully vested in the event that the Recipient’s employment is terminated without Cause by the Company or any Designated Subsidiary or by such successor company or by the Recipient for Good Reason within 24 months following such Change in Control.]
Acceleration of Vesting Upon Termination. If not otherwise vested pursuant to the terms hereof, the Option shall vest upon (i) termination or removal of Participant without Cause or termination by or resignation of Participant with Good Reason; (ii) termination, removal or resignation of Participant for any reason within one (1) year from the effective date of the Change of Control; or (iii) death or Disability of the Participant.
Acceleration of Vesting Upon Termination. Provided Purchaser continues to provide services to the Company or any Subsidiary or Parent of the Company until the occurrence of a Corporate Transaction (as defined below), the following provisions shall apply. Effective as of the date of any such Corporate Transaction, the then aggregate Unvested Shares shall become Vested Shares if and only if (i) the consideration under the Corporate Transaction paid for each share of the Company’s Common Stock is greater than or equal to the Per Share Target; or (ii) the Fair Market Value of the Company’s Common Stock immediately following such Corporate Transaction shall be equal to or greater than the Per Share Target. All Shares that do not become Vested Shares upon the Corporate Transaction shall be forfeited and subject to Repurchase Option pursuant to Section 2.3.
Acceleration of Vesting Upon Termination. In the event that the Optionee’s Continuous Service is terminated either by the Company without Justifiable Cause or by the Optionee for Good Reason, any acceleration of exercisability of this Option shall be in accordance with Sections 7(a)(ii)(C) and 7(b)(ii)(C) of the LTIP. Notwithstanding the foregoing, in the event that a Change in Control of the Company occurs and within 6 months before or 18 months after the Change in Control the Optionee’s Continuous Service is terminated by the Company or any Related Entity without Justifiable Cause or by the Optionee for Good Reason, the provisions of Section 10(a) of the Plan shall apply.
Acceleration of Vesting Upon Termination. Should any employment or other written agreement between the Participant and the Company or the Advisor (or their respective Affiliates) provide for accelerated vesting of equity awards held by the Participant in the event of a termination of employment or Change of Control, the terms of such agreement shall govern the treatment of the PSUs granted hereunder, and to the extent not specifically addressed therein, with any accelerated vesting based on the Target Number of PSUs, without any adjustment for achievement of any TSR Multiplier. If the Participant has no employment or other written agreement or such agreement does not address the treatment of outstanding equity awards upon termination or Change of Control, the Target Number of PSUs, without any adjustment for achievement of any TSR Multiplier, shall immediately vest upon the earliest to occur of: (i) termination or removal of Participant without Cause or termination by or resignation of Participant with Good Reason; (ii) termination, removal or resignation of Participant for any reason within one (1) year following the effective date of a Change of Control; or (iii) death or Disability of the Participant.
