Acceleration Upon Termination of Employment. In addition to the Shares released from the Company's Repurchase Option pursuant to Section 4(d) above, in the event the Purchaser's employment terminates as a result of an Involuntary Termination other than for Cause upon or within 12 months after a Change of Control, all Unreleased Shares shall be released from the Company's Purchase Option upon the date of such termination. For the purposes of this Section 5(e), the following terms referred to in this Agreement shall have the following meanings:
Appears in 12 contracts
Samples: Security Agreement (Avanex Corp), Security Agreement (Avanex Corp), Security Agreement (Avanex Corp)
Acceleration Upon Termination of Employment. In addition to the Shares released from the Company's Repurchase Option pursuant to Section 4(d) above, in the event the Purchaser's employment terminates as a result of an Involuntary Termination other than for Cause upon or within 12 months after a Change of Control, all Unreleased Shares shall be released from the Company's Purchase Repurchase Option upon the date of such termination. For the purposes of this Section 5(e4(e), the following terms referred to in this Agreement shall have the following meanings:
Appears in 4 contracts
Samples: Security Agreement (Avanex Corp), Security Agreement (Avanex Corp), Security Agreement (Avanex Corp)
Acceleration Upon Termination of Employment. In addition to the Shares released from the Company's Repurchase Option pursuant to Section 4(d2(a) above, in the event the Purchaser's employment terminates as a result of an Involuntary Termination other than for Cause upon or within 12 months after a Change of Control, all any remaining Unreleased Shares shall be released from the Company's Purchase Option upon the date of such termination. For the purposes of this Section 5(e2(e), the following terms referred to in this Agreement shall have the following meanings:
Appears in 2 contracts
Samples: Stock Option Agreement (Avanex Corp), Stock Option Agreement (Avanex Corp)
Acceleration Upon Termination of Employment. In addition to the Shares released from the Company's Repurchase Option pursuant to Section 4(d) above, in the event the Purchaser's employment terminates as a result of an Involuntary Termination other than for Cause upon or within 12 months after a Change of Control, all Unreleased Shares shall be released from the Company's Purchase Option upon the date of such termination. For the purposes of this Section 5(e4(e), the following terms referred to in this Agreement shall have the following meanings:
Appears in 2 contracts
Samples: Stock Purchase Agreement (Avanex Corp), Stock Purchase Agreement (Avanex Corp)
