Common use of Additional Vesting Clause in Contracts

Additional Vesting. The vesting and, if applicable, exercisability shall be accelerated effective as of immediately prior to such termination date with respect to that number of shares subject to Executive’s then outstanding equity awards that would have become vested and, if applicable, exercisable during the six (6) month period plus one additional month for each full year of Executive’s service to the Company following the termination date as if Executive had remained employed by the Company through such date.

Appears in 2 contracts

Samples: Employment Agreement (Kubient, Inc.), Employment Agreement (Restoration Robotics Inc)

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Additional Vesting. The vesting and, if applicable, exercisability shall be accelerated effective as of immediately prior to such termination date with respect to that number of shares subject to Executive’s then outstanding equity awards that would have become vested and, if applicable, exercisable during the six three (63) month period plus one additional month for each full year of Executive’s service to the Company following the termination date as if Executive had remained employed by the Company through such date.

Appears in 2 contracts

Samples: Employment Agreement (Kubient, Inc.), Employment Agreement (Kubient, Inc.)

Additional Vesting. The vesting and, if applicable, exercisability shall be accelerated effective as of immediately prior to such termination date with respect to that number of shares subject to Executive’s 's then outstanding equity awards that would have become been vested and, if applicable, exercisable during the six (6) three month period plus one additional month for each full year of Executive’s service to the Company following the termination date as if Executive had remained employed by the Company through such date. Stock options will remain exercisable for one year following the Termination Date (or, if shorter, through the end of the ten-year option term).

Appears in 1 contract

Samples: Employment Agreement (Kubient, Inc.)

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Additional Vesting. The vesting and, if applicable, exercisability shall be accelerated effective as of immediately prior to such termination date with respect to that number of shares subject to Executive’s then outstanding equity awards that would have become vested and, if applicable, exercisable during the six three (63) month period plus one additional month for each full year (measured from the date Executive incurs a termination of Executive’s service to the Company following the termination date employment) as if Executive had remained employed by the Company through such date.

Appears in 1 contract

Samples: Employment Agreement (Kubient, Inc.)

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