Common use of Impact on Equity Awards Clause in Contracts

Impact on Equity Awards. All outstanding equity awards shall cease to vest. All vested performance share units shall be paid in accordance with their terms. Any vested portion of stock options shall remain exercisable until the earlier of (x) ninety (90) days after the Termination Date and (y) the original expiration date of stock options. Any equity awards that are not vested as of the Expiration Date will be cancelled immediately.

Appears in 2 contracts

Samples: Employment Agreement (Activision Blizzard, Inc.), Employment Agreement (Activision Blizzard, Inc.)

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Impact on Equity Awards. All outstanding equity awards shall cease to vest. All vested performance share units shall be paid in accordance with their terms. Any vested portion of stock options shall remain exercisable until the earlier of (x) ninety one (901) days year after the Termination Date and or (y) the original expiration date of stock options. Any equity awards that are not vested as of the Expiration your Termination Date will be cancelled immediately.; and

Appears in 1 contract

Samples: Employment Agreement (Activision Blizzard, Inc.)

Impact on Equity Awards. All outstanding equity awards Equity Awards shall cease to vest. All vested performance share units Performance Share Units shall be paid in accordance with their terms. Any vested portion of stock options the Option shall remain exercisable until the earlier of (x) ninety thirty (9030) days after the Termination Date and (y) the original expiration date of stock optionsthe Option. Any equity awards Equity Awards that are not vested as of the Expiration Date will be cancelled immediately.

Appears in 1 contract

Samples: Employment Agreement (Activision Blizzard, Inc.)

Impact on Equity Awards. All outstanding equity awards Equity Awards shall cease to vest. All vested performance share units Performance Share Units shall be paid in accordance with their terms. Any vested portion of stock options the Option shall remain exercisable until the earlier of (x) ninety one (901) days year after the Termination Date and or (y) the original expiration date of stock optionsthe Option. Any equity awards Equity Awards that are not vested as of the Expiration your Termination Date will be cancelled immediately.

Appears in 1 contract

Samples: Employment Agreement (Activision Blizzard, Inc.)

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Impact on Equity Awards. All outstanding equity awards shall cease to vest. All vested performance share units shall be paid in accordance with their terms. Any vested portion of stock options shall remain exercisable until the earlier of (x) ninety one (901) days year after the Termination Date and or (y) the original expiration date of stock options. Any equity awards that are not vested as of the Expiration your Termination Date will be cancelled immediately.

Appears in 1 contract

Samples: Employment Agreement (Activision Blizzard, Inc.)

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