Equity Compensation Accelerated Vesting. Fifty percent (50%) of the unvested portion of any stock option, restricted stock or other Company equity compensation held by the Executive shall be automatically accelerated in full so as to become completely vested or, if the Executive has exercised his or her early exercise rights with respect to any stock option, then fifty percent (50%) of the unreleased portion of the stock option shall be automatically released from the Company’s repurchase option pursuant to the stock option.
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Samples: Management Retention Agreement (3PAR Inc.), Management Retention Agreement (3PAR Inc.), Management Retention Agreement (3PAR Inc.)
Equity Compensation Accelerated Vesting. Fifty One hundred percent (50100%) of the unvested portion of any stock option, restricted stock or other Company equity compensation held by the Executive shall be automatically accelerated in full so as to become completely vested or, if the Executive has exercised his or her early exercise rights with respect to any stock option, then fifty one hundred percent (50100%) of the unreleased portion of the stock option shall be automatically released from the Company’s repurchase option pursuant to the stock option.
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