Common use of Option Acceleration Following Change of Control Clause in Contracts

Option Acceleration Following Change of Control. Subject to the continued employment of the Employee, after acceleration of vesting under paragraph (a)(i) the remaining unvested portion of any stock option shall become fully vested upon the first anniversary of the Change of Control (or the expiration date of such stock option, if earlier). If, however, the Employee’s employment terminates within the twelve (12) month period following a Change of Control, then, subject to Section 4 below, the exercisability of any stock option held by the Employee shall be as follows:

Option Acceleration Following Change of Control. Subject to the continued employment of the Employee, after acceleration of vesting under paragraph (a)(i) the remaining unvested portion of any stock option shall become fully vested upon the first anniversary of the Change of Control (or the expiration date of such stock option, if earlier). If, however, the Employee’s 's employment terminates within the twelve (12) month period following a Change of Control, then, subject to Section 4 below, the exercisability of any stock option held by the Employee shall be as follows:

Option Acceleration Following Change of Control. Subject to the ----------------------------------------------- continued employment of the Employee, after acceleration of vesting under paragraph (a)(i) the remaining unvested portion of any stock option shall become fully vested upon the first anniversary of the Change of Control (or the expiration date of such stock option, if earlier). If, however, the Employee’s 's employment terminates within the twelve (12) month period following a Change of Control, then, subject to Section 4 below, the exercisability of any stock option held by the Employee shall be as follows: