Partial Acceleration. Notwithstanding any other provision of this Section 6, one hundred-percent (100%) of the Shares which are not then exercisable shall become exercisable upon the occurrence of a Change of Control if the Optionee is an employee of the Company immediately before the occurrence of the Change of Control and (1) the Optionee's employment with the Company is terminated by the Company (including any successor or parent resulting from the Change in Control) without Cause within six (6) months after the Change in Control, or (2) the Company (or successor) does not offer the Optionee a Comparable Position upon the Change in Control, or (3), if the Optionee is offered and accepts a Comparable Position, the Optionee is involuntarily removed from such position within six (6) months after the Change in Control. For the purpose of this Section 6(b), the term "Comparable Position" shall mean a position of employment with the Company or its successor following a Change of Control (or if the Company or its successor has a Parent following a Change of Control, its Parent)
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Samples: Incentive Stock Option Agreement (Allaire Corp), Nonstatutory Employee Stock Option Agreement (Allaire Corp)
Partial Acceleration. Notwithstanding any other provision of this Section 6, one hundredfifty-percent (10050%) of the Shares which are not then exercisable shall become exercisable upon the occurrence of a Change of Control if the Optionee is an employee of the Company immediately before the occurrence of the Change of Control and (1) the Optionee's employment with the Company is terminated by the Company (including any successor or parent resulting from the Change in Control) without Cause within six (6) months after the Change in Control, or (2) the Company (or successor) does not offer the Optionee a Comparable Position upon the Change in Control, or (3), if the Optionee is offered and accepts a Comparable Position, the Optionee is involuntarily removed from such position within six (6) months after the Change in Control. For the purpose of this Section 6(b), the term "Comparable Position" shall mean a position of employment with the Company or its successor following a Change of Control (or if the Company or its successor has a Parent following a Change of Control, its Parent)
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Samples: Nonstatutory Employee Stock Option Agreement (Allaire Corp)
Partial Acceleration. Notwithstanding any other provision of this Section 6, one hundredfifty-percent (10050%) of the Shares which are not then exercisable shall become exercisable upon the occurrence of a Change of Control if the Optionee is an employee of the Company immediately before the occurrence of the Change of Control and (1A) the Optionee's employment with the Company is terminated by the Company (including any successor or parent resulting from the Change in Control) without Cause within six (6) months after the Change in Control, or (2) the Company (or successor) does not offer the Optionee a Comparable Position upon the Change in Control, or (3), if the Optionee is offered and accepts a Comparable Position, the Optionee is involuntarily removed from such position within six (6) months after the Change in Control. For the purpose of this Section 6(b), the term "Comparable Position" shall mean a position of employment with the Company or its successor following a Change of Control (or if the Company or its successor has a Parent following a Change of Control, its Parent)
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