Liquidity Event Vesting. Upon the occurrence of a Liquidity Event, all then-unvested Time Options shall vest and become exercisable as of immediately prior to such Liquidity Event, provided the Optionee remains continuously in service as a Service Provider through the date of such Liquidity Event.
Appears in 5 contracts
Samples: Stock Option Agreement (Ortho Clinical Diagnostics Holdings PLC), Stock Option Agreement (Ortho Clinical Diagnostics Holdings PLC), Stock Option Agreement (PPD, Inc.)
Liquidity Event Vesting. Upon the occurrence of a Liquidity Event, all then-unvested Time the Options shall vest and become exercisable as of in full immediately prior to such Liquidity Event, provided the so long as Optionee remains continuously in service as a Service Provider from the date hereof through the date of such the Liquidity Event.
Appears in 1 contract
Samples: Stock Option Agreement (Axalta Coating Systems Ltd.)
Liquidity Event Vesting. Upon Notwithstanding the occurrence of foregoing, upon a Liquidity Event, all then-unvested Time Options the Option shall vest and become exercisable as of immediately prior to such Liquidity Event, provided so long as the Optionee remains continuously in service as a Service Provider through from the Grant Date to the date of such the Liquidity Event.
Appears in 1 contract
Samples: Stock Option Agreement (Allison Transmission Holdings Inc)
Liquidity Event Vesting. Upon Any unvested portion of the Option will vest immediately prior to the occurrence of a Liquidity Event, all then-unvested Time Options shall vest and become exercisable as of immediately prior to such Liquidity Event, provided that the Optionee remains continuously in service as a Service Provider through the date of such Liquidity Event.
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