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 vest immediately upon Termination of Employment, unless otherwise provided in such awards or equity plan or agreement. Any such unvested equity-based compensation awards that are performance-based shall be deemed to vest at target unless otherwise provided in such awards or equity plan or agreement. Following Termination of Employment, Company will not grant Employee any equity-based compensation awards.
Appears in 5 contracts
Samples: Employment Security Agreement (Internap Corp), Employment Security Agreement (Internap Corp), Employment Security Agreement (Internap Corp)
