Equity. Vesting acceleration of one hundred percent (100%) of Executive’s outstanding unvested Equity Awards on the date of Executive’s termination. If, however, an outstanding Equity Award is to vest and/or the amount of the Equity Award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).
Appears in 22 contracts
Samples: Executive Employment Agreement (Otonomy, Inc.), Executive Employment Agreement (Otonomy, Inc.), Executive Employment Agreement (Otonomy, Inc.)
Equity. Vesting acceleration of one hundred percent (100%) of Executive’s outstanding unvested Equity Awards on the date of Executive’s termination. If, however, an outstanding Equity Award is to vest and/or the amount of the Equity Award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s), unless otherwise provided in the applicable award agreement.
Appears in 11 contracts
Samples: Employment Agreement (Sarcos Technology & Robotics Corp), Sarcos Corp. Employment Agreement (Sarcos Technology & Robotics Corp), Sarcos Corp. Employment Agreement (Sarcos Technology & Robotics Corp)
Equity. Vesting acceleration of one One hundred percent (100%) of Executive’s outstanding unvested Equity Awards on the date of Executive’s terminationTermination of Employment shall accelerate and become vested. If, however, an outstanding Equity Award is to vest and/or the amount of the Equity Award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).
Appears in 6 contracts
Samples: Change of Control Agreement (Invuity, Inc.), Change of Control Agreement (Invuity, Inc.), Change of Control Agreement (Invuity, Inc.)
Equity. Vesting acceleration of one hundred Fifty percent (10050%) of Executive’s outstanding unvested Equity Awards on the date of Executive’s terminationtermination will accelerate and become vested. If, however, an outstanding Equity Award is to vest and/or the amount of the Equity Award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred fifty percent (10050%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).
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Equity. Vesting acceleration of one hundred fifty percent (10050%) of Executive’s outstanding unvested Equity Awards on the date of Executive’s termination. If, however, an outstanding Equity Award is to vest and/or the amount of the Equity Award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred fifty percent (10050%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).
Appears in 1 contract
Equity. Vesting acceleration of one hundred percent (100%) of Executive’s outstanding unvested Equity Awards on the date of Executive’s termination. If, however, an outstanding Equity Award is to vest and/or the amount of the Equity Award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the Martindale - Executive Employment Agreement performance criteria had been achieved at target levels for the relevant performance period(s), unless otherwise provided in the applicable award agreement.
Appears in 1 contract
Samples: Employment Agreement (Sarcos Technology & Robotics Corp)
Equity. Vesting acceleration of one hundred percent (100%) of Executive’s outstanding unvested Equity Awards on the date of Executive’s termination. If, however, an outstanding Equity Award is to vest and/or the amount of the Equity Award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the Xxxxx - Xxxxxx - Executive Employment Agreement performance criteria had been achieved at target levels for the relevant performance period(s), unless otherwise provided in the applicable award agreement.
Appears in 1 contract
Samples: Employment Agreement (Sarcos Technology & Robotics Corp)