Common use of Equity Compensation Adjustments Clause in Contracts

Equity Compensation Adjustments. Any equity-based compensation awards granted to Employee by Company that vested prior to such Termination of Employment will be governed by the terms of such awards and the controlling equity plan or agreement. Any equity-based compensation awards granted to Employee by Company that are unvested on Termination of Employment will expire, unless otherwise provided in such awards or such equity plan or agreement. Following Termination of Employment, Company will not grant Employee any equity-based compensation awards.

Appears in 8 contracts

Samples: Employment Security Agreement (Internap Corp), Employment Security Agreement (Internap Corp), Employment Security Agreement (Internap Corp)

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Equity Compensation Adjustments. Any equity-based compensation awards granted to Employee by Company that vested prior to such Termination of Employment will be governed by the terms of such awards and the controlling equity plan or agreement. Any equity-based compensation awards granted to Employee by Company that are unvested on Termination of Employment will will, subject to Section 1.2(c), expire, unless otherwise provided in such awards or such equity plan or agreement. Following Employee’s Termination of Employment, Company will not grant Employee any equity-based compensation awards.

Appears in 4 contracts

Samples: Employment Security Agreement (Internap Corp), Employment Security Agreement (Internap Corp), Employment Security Agreement (Internap Corp)

Equity Compensation Adjustments. Any equity-based compensation awards granted to Employee by Company that vested prior to such Termination of Employment will be governed by the terms of such awards and the controlling equity plan or agreement. Any equity-based compensation awards granted to Employee by Company that are unvested on Termination of Employment will expirevest immediately upon Termination of Employment, unless otherwise provided in such awards or such equity plan or agreement. Following Termination of Employment, Company will not grant Employee any equity-based compensation awards.

Appears in 3 contracts

Samples: Employment Security Agreement (Internap Network Services Corp), Employment Security Agreement (Internap Network Services Corp), Employment Security Agreement (Internap Network Services Corp)

Equity Compensation Adjustments. Any equity-based compensation awards granted to Employee by Company that vested prior to such Termination of Employment will be governed by the terms of such awards and the controlling equity plan or agreement. Any equity-based compensation awards granted to Employee by Company that are unvested on Termination of Employment will expire, unless otherwise provided in such awards or such equity plan or agreement. Following Employee’s Termination of Employment, Company will not grant Employee any equity-based compensation awards.

Appears in 3 contracts

Samples: Employment Security Agreement (Internap Network Services Corp), Employment Security Agreement (Internap Network Services Corp), Employment Security Agreement (Internap Network Services Corp)

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Equity Compensation Adjustments. Any equity-based compensation awards granted to Employee by Company that vested prior to such Termination of Employment will be governed by the terms of such awards and the controlling equity plan or agreement. Any equity-based compensation awards granted to Employee by Company that are unvested on Termination of Employment will will, subject to Section 1.2(d), expire, unless otherwise provided in such awards or such equity plan or agreement. Following Employee’s Termination of Employment, Company will not grant Employee any equity-based compensation awards.

Appears in 1 contract

Samples: Employment Security Agreement (Internap Corp)

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