Effect of Qualifying Termination Upon Right in Respect of Certain Equity Awards Clause Samples
Effect of Qualifying Termination Upon Right in Respect of Certain Equity Awards. As provided in Section 3.2(f), in the event your employment is terminated due to a Qualifying Termination, you will be permitted to vest in the 2016 Special Grant, the 2017 Accelerated Grant and any other equity award granted after the Effective Date to the same extent, and at the same time, as you would otherwise have become vested in any such award had your employment continued for the 24-month period following your termination (but subject, in the case of any award the vesting of which is subject to the satisfaction of any performance objectives, to the satisfaction of the applicable performance objectives). If, prior to the applicable measurement date of the Incremental OPP Opportunity, your employment is terminated in a Qualifying Termination, you will become vested in the Incremental OPP Opportunity to the same extent as though you were employed at such measurement date.
