Common use of Options; Restricted Stock Clause in Contracts

Options; Restricted Stock. In the event that the Employee is entitled to severance benefits pursuant to subsection 3(a)(i), then upon such termination, in addition to any portion of the Employee's stock options that were exercisable immediately prior to such termination, or restricted stock that was not subject to the right of repurchase held by the Company, such unvested options shall vest immediately upon termination, and such restricted stock shall immediately be released from the Company's right of repurchase.

Options; Restricted Stock. In the event that the Employee employee is entitled to severance benefits pursuant to subsection 3(a)(i), then upon such termination, in addition to any portion of the Employee's stock options that were exercisable immediately prior to such termination, or restricted stock that was not subject to the right of repurchase held by the Company, such unvested options shall vest immediately upon termination, and such restricted stock shall immediately be released from the Company's right of repurchase.