Equity Compensation Acceleration. Upon the Executive’s Involuntary Termination, only the stock options (or any other equity award, including, without limitation, stock appreciation rights and restricted stock units) granted to the Executive under any Company Plans and vested as of the Termination Date shall be exercisable. At the Board’s discretion, it may accelerate shares that are not vested as of the Termination Date.
Appears in 6 contracts
Samples: Employment Agreement (Workhorse Group Inc.), Employment Agreement (Workhorse Group Inc.), Employment Agreement (Workhorse Group Inc.)
