Common use of Other Acceleration Clause in Contracts

Other Acceleration. Notwithstanding the foregoing, in accordance with and subject to the provisions of the Plan, the Committee may, in its discretion, accelerate the date that any installment of this Option becomes exercisable. The foregoing rights are cumulative and (subject to Sections 4 or 5 hereof if the Optionee's Business Relationship with the Company and all Related Corporations is terminated) may be exercised up to and including the date which is ten years from the date this option is granted.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Eroom Technology Inc), Non Qualified Stock Option Agreement (Eroom Technology Inc)

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Other Acceleration. Notwithstanding the foregoing, in accordance with and subject to the provisions of the Plan, the Committee may, in its discretion, accelerate the date that any installment of this Option becomes exercisable. The foregoing rights are cumulative and (subject to Sections 4 or 5 hereof if the Optionee's Business Relationship with the Company and all Related Corporations is terminated) may be exercised up to and including the date which is ten years from the date this option is granted.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Eroom Technology Inc), Non Qualified Stock Option Agreement (Eroom Technology Inc)

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