Death of the Participant. If the Participant dies while serving as an Employee, Non-Employee Director, consultant or advisor of the Company or an Affiliate, the vesting of all unvested Shares subject to this Option shall be accelerated, and the Option shall be exercisable as to such installments, together with any previously vested but unexercised portion of the Option, effective as of the date of death.
Appears in 4 contracts
Samples: Non Qualified Stock Option Grant (Vertex Pharmaceuticals Inc / Ma), Non Qualified Stock Option Grant (Vertex Pharmaceuticals Inc / Ma), Non Qualified Stock Option Grant (Vertex Pharmaceuticals Inc / Ma)