Common use of ONE-YEAR ACCELERATION UPON A QUALIFIED PUBLIC OFFERING Clause in Contracts

ONE-YEAR ACCELERATION UPON A QUALIFIED PUBLIC OFFERING. Upon the consummation of a Qualified Public Offering, and so long as Executive is employed by the Company or any of its Subsidiaries on the closing date of such offering, there will time vest the amount of Un-Time-Vested Securities which were scheduled to time vest within the 365 days following such closing date (and the remaining Un-Time-Vested Securities, if any, shall continue to time vest in accordance with paragraph (a) above, such that the time vesting schedule set forth in paragraph (a) above shall have been effectively accelerated by one year).

ONE-YEAR ACCELERATION UPON A QUALIFIED PUBLIC OFFERING. Upon the consummation of a Qualified Public Offering, and so long as Executive is employed by the Company or any of its Subsidiaries on the closing date of such offering, there will time vest the amount of Un-Time-Vested Securities which were scheduled to time vest within the 365 days following such closing date (and the remaining Un-Time-Vested Securities, if any, shall continue to time vest 17.5% on each anniversary of the date hereof in accordance with paragraph clause (a) above, such that the time vesting schedule set forth in paragraph (a) above shall have been effectively accelerated by one year).

ONE-YEAR ACCELERATION UPON A QUALIFIED PUBLIC OFFERING. Upon the consummation of a Qualified Public Offering, and so long as Executive is employed by the Company or any of its Subsidiaries on the closing date of such offering, there will time vest the amount of Un-Time-Vested Securities which were scheduled to time vest within the 365 days following such closing date (and the remaining Un-Time-Vested Securities, if any, shall continue to time vest 17.5% on each anniversary of the Prior Date in accordance with paragraph clause (a) above, such that the time vesting schedule set forth in paragraph (a) above shall have been effectively accelerated by one year).