Common use of Change of Control Vesting Acceleration Clause in Contracts

Change of Control Vesting Acceleration. (a) Excluding the transaction contemplated by the company with Roomlinx, Inc. as of the date hereof, in the event of a Change of Control (as defined below), one hundred percent (100%) of Executive's then-unvested SAR’s, Options or Shares shall immediately vest. (b) After a Change of Control (as defined below), in the event that (i) Executive's aggregate compensation is substantially diminished (regardless of Executive's title, duties, or responsibilities) or (ii) Executive is required to relocate more than one hundred (100) miles from his then-current residence in order to continue to perform his duties under this Agreement, all of Executive's then-unvested SAR’s, Options or Shares and other equity awards shall immediately vest in full, and if, after a Change of Control, Executive terminates his employment with the Company for Good Reason, he shall be entitled to receive all severance benefits set forth in Section 4(c)(i). (c) For the purposes of this Agreement, "Change of Control" is defined as the occurrence of any of the following after the Employment Commencement Date:

Change of Control Vesting Acceleration. (a) Excluding the transaction contemplated by the company with Roomlinx, Inc. as of the date hereof, in In the event of a Change of Control (as defined below), one hundred percent (100%) of Executive's then-unvested SAR’s, Options or Shares shall immediately vest, all Performance Bonus (both current and future) are immediately due and payable, regardless of whether the milestone has been achieved. (b) After a Change of Control (as defined below), in the event that (i) Executive's aggregate compensation is substantially diminished (regardless of Executive's title, duties, or responsibilities) or (ii) Executive is required to relocate more than one hundred (100) miles from his then-current residence in order to continue to perform his duties under this Agreement, all of Executive's then-unvested SAR’s, Options or Shares and other equity awards shall immediately vest in full, and if, after a Change of Control, Executive terminates his employment with the Company for Good Reason, he shall be entitled to receive all severance benefits set forth in Section 4(c)(i). (c) For the purposes of this Agreement, "Change of Control" is defined as the occurrence of any of the following after the Employment Commencement Date: