Common use of Equity Acceleration Clause in Contracts

Equity Acceleration. Notwithstanding anything to the contrary in this Agreement, Award Agreement, or otherwise, if Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason within three (3) months before or two (2) years after a Change-in-Control occurs, all of Executive’s Equity Awards shall accelerate and become fully vested, non-forfeitable, and exercisable, regardless of any limitation with respect to time, performance, vesting, or other restrictions.

Appears in 8 contracts

Samples: Executive Employment Agreement (GAN LTD), Executive Employment Agreement (GAN LTD), Executive Employment Agreement (GAN LTD)

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Equity Acceleration. Notwithstanding anything to the contrary in this Agreement, an Award Agreement, or otherwise, if Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason within three (3) months before or two (2) years after a Change-in-Control occurs, all of Executive’s Equity Awards shall accelerate and become fully vested, non-forfeitable, and exercisable, regardless of any limitation with respect to time, performance, vesting, or other restrictions.

Appears in 2 contracts

Samples: Employment Agreement (GAN LTD), Executive Employment Agreement (GAN LTD)

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