Effect on Stock Options. Any options granted under Section 3(h) that are unvested at the time of a Change in Control shall vest immediately and shall remain exercisable for one year following Executive’s separation from the Company on the terms set forth in the applicable option agreement (including the cashless exercise feature).
Appears in 5 contracts
Samples: Employment Agreement (CLS Holdings USA, Inc.), Employment Agreement (CLS Holdings USA, Inc.), Employment Agreement (CLS Holdings USA, Inc.)