Common use of Immediate Vesting of Stock Options Clause in Contracts

Immediate Vesting of Stock Options. The Company shall take all appropriate action such that all stock options on the Company’s stock owned by the Executive as of the termination date of Executive’s employment with the Company, and which have not vested prior to the termination date of the Executive’s employment with the Company shall immediately vest. The provisions of this Section 8.3(c) shall constitute an amendment to any existing stock option agreements (including award certificates) of the Company as of the termination date of Executive’s employment with the Company.

Appears in 4 contracts

Samples: Employment Agreement (CYS Investments, Inc.), Employment Agreement (CYS Investments, Inc.), Employment Agreement (CYS Investments, Inc.)

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Immediate Vesting of Stock Options. The Company shall take all appropriate action such that all stock options on the Company’s stock owned by the Executive as of the termination date of Executive’s employment with the Company, and which have not vested prior to the termination date of the Executive’s employment with the Company shall immediately vest. The provisions of this Section 8.3(c8.1(c) shall constitute an amendment to any existing stock option agreements (including award certificates) of the Company as of the termination date of Executive’s employment with the Company.

Appears in 4 contracts

Samples: Employment Agreement (CYS Investments, Inc.), Employment Agreement (CYS Investments, Inc.), Employment Agreement (CYS Investments, Inc.)

Immediate Vesting of Stock Options. The Company shall take all appropriate action such that all stock options on the Company’s stock owned by the Executive as of the termination date of Executive’s employment with the Company, and which have not vested prior to the termination date of the Executive’s employment with the Company Company, shall immediately vest. The provisions of this Section 8.3(c8.1(c) shall constitute an amendment to any existing stock option agreements (including award certificates) of the Company as of the termination date of Executive’s employment with the Company.

Appears in 1 contract

Samples: Employment Agreement (CYS Investments, Inc.)

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Immediate Vesting of Stock Options. The Company shall take all appropriate action such that all stock options on the Company’s stock owned by the Executive as of the termination date of Executive’s employment with the Company, and which have not vested prior to the termination date of the Executive’s employment with the Company Company, shall immediately vest. The provisions of this Section 8.3(c) shall constitute an amendment to any existing stock option agreements (including award certificates) of the Company as of the termination date of Executive’s employment with the Company.

Appears in 1 contract

Samples: Employment Agreement (CYS Investments, Inc.)

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