Common use of Option and Restricted Stock Accelerated Vesting Clause in Contracts

Option and Restricted Stock Accelerated Vesting. In the event the Executive is entitled to severance benefits pursuant to subsection 4(a)(i), the unvested portion of any stock option or restricted stock held by, or for the benefit of, the Executive shall automatically be accelerated in full so as to become completely vested and/or unrestricted.

Appears in 5 contracts

Samples: Employment Agreement (Fremont General Corp), Employment Agreement (Fremont General Corp), Employment Agreement (Fremont General Corp)

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Option and Restricted Stock Accelerated Vesting. In the event ----------------------------------------------- the Executive is entitled to severance benefits pursuant to subsection 4(a)(i5(a)(i), the unvested portion of any Company stock option or restricted stock held by, or for the benefit of, by the Executive shall automatically be accelerated in full so as to become completely vested and/or unrestrictedvested.

Appears in 1 contract

Samples: Employment Agreement (Lam Research Corp)

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