Common use of Employee's Additional Entitlement Clause in Contracts

Employee's Additional Entitlement. If a Covered Termination occurs within the eighteen (18) month period beginning upon any Change in Control, then subject to the execution of the release described above in Section 2.3, in addition to the payments and benefits described above in Section 2 and notwithstanding anything to the contrary contained in any other agreement between Employee and the Company and any equity incentive plan of the Company, Employee will be deemed to continue to be employed by the Company through the first anniversary of the Covered Termination for purposes of any vesting, forfeiture, survival, exercise or similar term or condition applicable to any stock option, restricted stock, phantom stock, stock appreciation right or other equity-based incentive held by Employee immediately prior to his or her termination.