No Acceleration of Vesting Sample Clauses

No Acceleration of Vesting. If you cease to be an employee by reason of your Retirement (as defined below in paragraph (iii)), only those Options which were exercisable on your Termination Date may be exercised.
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No Acceleration of Vesting. The Company is not a party to any agreement or understanding (including, without limitation, stock options, leases or credit agreements) which provides for acceleration or other changes in the vesting provisions or other terms of such agreements or understandings as a result of either the transactions contemplated by this Agreement or a Change of Control of the Company.
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No Acceleration of Vesting. The Options granted pursuant to this Agreement shall not be subject to any Optionee right of accelerated vesting whether granted by contract, resolution or otherwise, to Optionee prior to the date of this Agreement. Optionee understands and agrees, that by signing this Agreement and accepting the Options granted hereunder, and notwithstanding any prior right to acceleration of vesting granted or afforded Optionee, the Options granted hereunder shall not be subject to acceleration of vesting unless such right is duly granted to Optionee subsequent to the date of this Agreement. By signing this Agreement, Optionee specifically agrees to this provision as a condition to grant of the Options hereunder and this Agreement serves to amend any prior right to acceleration of vesting, but only with regard to the Options granted hereunder. Nothing in this provision or Agreement shall serve to affect any rights of acceleration of vesting, if applicable, that may have attached to Options granted to Optionee prior to the date of this Agreement.
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No Acceleration of Vesting. Lion is not a party to any agreement or understanding (including, without limitation, stock options, leases or credit agreements) which provides for acceleration or other changes in the vesting provisions or other terms of such agreements or understandings as a result of the transactions contemplated by this Agreement.
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No Acceleration of Vesting. If you cease to be an Employee on account of your Voluntary Resignation or an Involuntary Termination, only those Options which were vested and exercisable as of your Termination Date may be exercised.
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No Acceleration of Vesting. The Company shall have confirmed that there is not in place, as of the Closing, any acceleration of vesting of stock options or waiver of repurchase rights with respect to stock beneficially held by an employee or consultant of the Company, each in the event of a sale of all or substantially all of the assets of the Company, a merger of the Company with or into another entity or a liquidation of the Company.
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Related to No Acceleration of Vesting

  • Acceleration of Vesting Notwithstanding any provision of the Plan or this Agreement to the contrary, in the event of a Change in Control prior to the date that the Option is fully vested and exercisable, the Option shall become immediately vested and exercisable with respect to 100% of the Shares in each remaining vesting tranche. To the extent practicable, such acceleration of vesting and exercisability shall occur in a manner and at a time which allows the Participant the ability to participate in the Change in Control with respect to the Shares of Common Stock received.

  • No Acceleration The timing of payments and benefits under the Agreement may not be accelerated to occur before the time specified for payment hereunder, except to the extent permitted under Treasury Regulation § 1.409A-3(j)(4) or as otherwise permitted under Code Section 409A without Employee incurring a tax penalty.

  • Equity Vesting Acceleration Vesting acceleration (and exercisability, as applicable) as to 100% of the then-unvested shares subject to each of the Executive’s then-outstanding Company equity awards subject to only time-based (and not performance-based) vesting. In the case of equity awards with performance-based vesting, such awards will be treated as set forth in the applicable award agreement. For the avoidance of doubt, in the event of the Executive’s Qualifying Pre-CIC Termination, any unvested portion of the Executive’s then-outstanding equity awards will remain outstanding until the earlier of (x) ninety (90) days following the Qualifying Termination or (y) the occurrence of a Change in Control, solely so that any benefits due on a Qualifying Pre-CIC Termination can be provided if a Change in Control occurs within the ninety (90) day period following the Qualifying Termination (provided that in no event will the Executive’s stock options or similar equity awards remain outstanding beyond the equity award’s maximum term to expiration). If no Change in Control occurs within the ninety (90) day period following a Qualifying Termination, any unvested portion of the Executive’s equity awards automatically and permanently will be forfeited on the ninetieth (90th) day following the date of the Qualifying Termination without having vested.

  • Acceleration of Vesting Upon Change in Control Effective at the time of a Change in Control, all unvested stock options and stock previously issued to Executive as to which rights of ownership are subject to forfeiture shall immediately vest; all risk of forfeiture of the ownership of stock or stock options and restrictions on the exercise of options shall lapse; and, Executive shall be entitled to exercise any or all options, such that the underlying shares will be considered outstanding at the time of the Change in Control.

  • No Acceleration of Payments Neither the Company nor the Executive, individually or in combination, may accelerate any payment or benefit that is subject to Section 409A, except in compliance with Section 409A and the provisions of this Agreement, and no amount that is subject to Section 409A shall be paid prior to the earliest date on which it may be paid without violating Section 409A.

  • Vesting Acceleration Effective on such termination, the Executive shall receive accelerated vesting equivalent to six (6) months of service beyond the date of Executive’s termination with respect to the shares subject to any grant of restricted stock or stock options (each, an “Equity Grant”) granted to the Executive, regardless of whether granted prior to, coincident with, or after, the Effective Date; provided, however, that in the event such termination occurs within one (1) year following a Change of Control, then one hundred percent (100%) of the remaining shares subject to each such Equity Grant shall become vested in full and the period during which the Executive is permitted to exercise (if applicable) any such Equity Grant shall be extended until the earlier of (i) ten (10) years from the date of grant, or (ii) the expiration date of such Equity Grant (as of the date of grant).

  • Stock Acceleration If the Change in Control Date occurs during the Term, then, effective upon the Change in Control Date, (a) each outstanding option to purchase shares of Common Stock of the Company held by the Executive shall become immediately exercisable in full and will no longer be subject to a right of repurchase by the Company and (b) each outstanding restricted stock award shall be deemed to be fully vested and will no longer be subject to a right of repurchase by the Company.

  • Automatic Acceleration of Maturity If any Event of Default pursuant to paragraph (e) of Section 7.01 shall occur,

  • Acceleration of Options One hundred (100%) percent of the Executive’s outstanding, unvested options, restricted stock and/or equity awards (“Equity Awards”) shall, immediately prior to the consummation of the Change in Control, become fully and immediately vested to the extent not already so provided under the terms of such Equity Awards; provided, however, that if the acquirer in a Change in Control grants Equity Awards having (in the reasonable opinion of the Board) a value at least equal to the value of Executive’s then-unvested Company Equity Awards, then 50% of the Executive’s outstanding, unvested Company Equity Awards shall become fully and immediately vested immediately prior to the consummation of the Change in Control (and the remaining 50% shall terminate upon the consummation of the Change in Control). Notwithstanding any provisions of the stock option plan or stock option agreement pursuant to which any stock options subject to the preceding sentence were granted, the Executive shall be entitled to exercise such Equity Awards until three years from the date of termination of employment or the expiration of the stated period of the Equity Award, whichever period is the shorter.

  • Optional Acceleration of Maturity If any Event of Default (other than an Event of Default pursuant to paragraph (e) of Section 7.01) shall have occurred and be continuing, then, and in any such event,

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