Option Acceleration. Each Option outstanding at the time of such Involuntary Termination, to the extent not otherwise vested and exercisable for all the shares subject to that Option, will immediately vest and become exercisable for all those option shares and may be exercised for any or all of those shares as fully vested shares.
Appears in 7 contracts
Samples: Employment Agreement (Legato Systems Inc), Employment Agreement (Legato Systems Inc), Employment Agreement (Legato Systems Inc)
Option Acceleration. Each Option outstanding at the time of such Involuntary Termination, to the extent not otherwise vested and exercisable for all the shares at the time subject to that Option, will immediately vest and become exercisable for all those option shares and may be exercised for any or all of those shares as fully vested shares.shares EXHIBIT 10.1 until the termination of that Option in accordance with the applicable stock option agreement. PART FOUR - CHANGE IN CONTROL SEVERANCE BENEFITS
Appears in 1 contract
Option Acceleration. Each Option outstanding at the time of such Involuntary Termination, to the extent not otherwise vested and exercisable for all the shares at the time subject to that Option, will immediately vest and become exercisable for all those option shares and may be exercised for any or all of those shares as fully vested sharesshares until the termination of that Option in accordance with the applicable stock option agreement.
Appears in 1 contract
