Equity Acceleration and Option Exercise Extension. Upon the Termination Date, (A) all of the outstanding stock options, restricted stock units or other equity awards Executive holds with respect to the Company’s Common Stock shall accelerate and vest such that 100% of such equity awards shall be deemed vested and fully exercisable and (B) each of Executive’s then-outstanding stock options shall remain exercisable until such stock option’s original expiration date (“Accelerated Vesting”); and
Appears in 5 contracts
Samples: Employment Agreement (Cadrenal Therapeutics, Inc.), Employment Agreement (Cadrenal Therapeutics, Inc.), Employment Agreement (Cadrenal Therapeutics, Inc.)
Equity Acceleration and Option Exercise Extension. Upon the Termination Date, (A) all of the outstanding stock options, restricted stock units or other equity awards Executive holds with respect to the Company’s Common Stock shall accelerate and vest such that 100% of such equity awards shall be deemed vested and fully exercisable and (B) each of Executive’s then-outstanding stock options shall remain exercisable until such stock option’s original expiration date (“Accelerated Vesting”); anddate.
Appears in 4 contracts
Samples: Employment Agreement (Cadrenal Therapeutics, Inc.), Employment Agreement (Cadrenal Therapeutics, Inc.), Employment Agreement (Cadrenal Therapeutics, Inc.)
Equity Acceleration and Option Exercise Extension. Upon the Termination Date, (A) all of the outstanding stock options, restricted stock units or other equity awards Executive holds with respect to the Company’s Common Stock shall accelerate and vest such that 100% of such equity awards shall be deemed vested and fully exercisable and (B) each of Executive’s then-outstanding stock options shall remain exercisable until the earlier of (i) 12 months after such Termination Date, and (ii) such stock option’s original expiration date (“Accelerated Vesting”); anddate.
Appears in 4 contracts
Samples: Employment Agreement (S&W Seed Co), Employment Agreement (S&W Seed Co), Employment Agreement (S&W Seed Co)
Equity Acceleration and Option Exercise Extension. Upon the Termination Date, (A) all of the outstanding stock options, restricted stock units or other equity awards Executive holds with respect to the Company’s Common Stock shall accelerate and vest such that 100% of such equity awards shall be deemed vested and fully exercisable and (B) each of Executive’s then-outstanding stock options shall remain exercisable until the earlier of (i) 12 months after such Termination Date, and (ii) such stock option’s original expiration date (“Accelerated Vesting”)date; and
Appears in 3 contracts
Samples: Employment Agreement (S&W Seed Co), Employment Agreement (S&W Seed Co), Employment Agreement (S&W Seed Co)
Equity Acceleration and Option Exercise Extension. Upon the Termination Date, (A) all of the outstanding stock options, restricted stock units or other equity awards Executive holds with respect to the Company’s Common Stock Stock, including, without limitation, any then outstanding prior Awards (as defined in Section 17 below) shall accelerate and vest such that 100% of such equity awards shall be deemed vested and fully exercisable and (B) each of Executive’s then-outstanding stock options shall remain exercisable until such stock option’s original expiration date (“Accelerated Vesting”); anddate.
Appears in 1 contract
Equity Acceleration and Option Exercise Extension. Upon the Termination Date, (A) the vesting of all of the outstanding stock options, restricted stock units or other equity awards Executive holds with respect to the Company’s Common Stock shall accelerate and vest such that 100% one-third (1/3) of the unvested portion of such equity awards shall be deemed vested and fully exercisable and (B) each of Executive’s then-outstanding stock options shall remain exercisable until the earlier of (i) 12 months after such Termination Date, and (ii) such stock option’s original expiration date (“Accelerated Vesting”)date; and
Appears in 1 contract
Samples: Employment Agreement (S&W Seed Co)