Partial Option Acceleration. Additionally, upon election of the No-Release Severance, the Executive shall (A) immediately and fully vest in and have the right to exercise 75% of any and all unvested stock options granted to Executive, whether or not otherwise vested, subject to the provisions concerning exercisability and restrictions on transfer of such options, set forth below.
Partial Option Acceleration. The vesting schedule in effect for the shares of Common Stock subject to your Options, to the extent outstanding at the time of your Involuntary Termination, will be accelerated by an additional six (6) months so that each such Option shall immediately become exercisable for the additional number of shares for which that Option would have otherwise been exercisable under the normal vesting schedule in effect for that Option had you actually rendered an additional six (6) months of service with the Company prior to the date of your Involuntary Termination. You will have until the earlier of (i) the expiration of the option term, (ii) the termination of the Option in connection with a Change in Control or similar event as provided in the applicable Plan and/or stock option agreement, or (iii) the end of the limited post-employment exercise period specified in the applicable stock option agreement for such Option in which to exercise such Option for any or all of the shares of Common Stock for which that Option is vested and exercisable at the time of your Involuntary Termination, including the shares of Common Stock which vest on an accelerated basis in accordance with the foregoing provisions of this subparagraph (d). This Paragraph (d) shall control as to each such Option notwithstanding anything in the applicable Plan and/or stock option agreement to the contrary.
Partial Option Acceleration. The vesting schedule in effect for the shares of Common Stock subject to your Spring 2002 Focal Review Option will be accelerated by an additional six (6) months so that such Option shall immediately become exercisable for the additional number of shares for which that Option would have otherwise been exercisable under the normal vesting schedule in effect for that Option had you actually rendered an additional six (6) months of service with the Company prior to the date of your Involuntary Termination. You will have until the earlier of (i) the expiration of the option term or (ii) the end of the limited post-employment exercise period specified in the applicable stock option agreement for your Spring 2002 Focal Review Option in which to exercise such Option for any or all of the shares of Common Stock for which that Option is vested and exercisable at the time of your Involuntary Termination, including the shares of Common Stock which vest on an accelerated basis in accordance with the foregoing provisions of this subparagraph (d).
Partial Option Acceleration. The vesting schedule in effect for each outstanding Option held by the Executive at the time of his Involuntary Termination will be accelerated by an additional thirty (30) months so that each Option shall immediately vest and become exercisable for the additional number of shares for which that Option would have otherwise been vested and exercisable under the normal vesting schedule for such Option had the Executive actually completed an additional thirty (30) months of employment with the Corporation prior to the date of his Involuntary Termination. Such partial acceleration of the outstanding Options may result in the loss of favorable tax treatment under Code Section 422 for more or more of the Options which might have otherwise qualified as incentive stock options under Code Section 422.
Partial Option Acceleration. The vesting schedules in ---------------------------- effect under Paragraph 4.C for the shares of Common Stock purchased or purchasable under the stock options granted to Executive under Paragraph 4 will be accelerated by six (6) months. Executive shall have until the earlier of (i) ------- the expiration of the option term or (ii) the end of the three (3)-month period following the date of such Involuntary Termination in which to exercise her options for any or all of those vested option shares. The benefits provided Executive under Paragraph 10 or Paragraph 11 are the only severance benefits to which Executive is entitled upon the termination of her employment with the Corporation, and no other benefits shall be provided to Executive by the Corporation pursuant to any other severance plan or program of the Corporation.
Partial Option Acceleration. The vesting schedule in effect for the shares of Common Stock subject to your Spring 2002 Focal Review Option will be accelerated by an additional six (6) months so that such Option shall immediately become exercisable for the additional number of shares for which that Option would have otherwise been exercisable under the normal vesting schedule in effect for that Option had you actually rendered an additional six (6) months of service with the Company prior to the date of your Involuntary Termination. You will have until the earlier of (i) the expiration of the option term or (ii) the end of the limited post-employment exercise period specified in the applicable stock option agreement for your Spring 2002 Focal Review Option in which to exercise such Option for any or all of the shares of Common Stock for which that Option is vested and exercisable at the time of your Involuntary Termination, including the shares of Common Stock which vest on an accelerated basis in accordance with the foregoing provisions of this subparagraph (d). PART THREE - SPECIAL CHANGE IN CONTROL/BUSINESS SEGMENT SALE BENEFITS OPTION ACCELERATION. Your Spring 2002 Focal Review Option, to the extent outstanding at the time of a Change in Control or Business Segment Sale but not otherwise vested and exercisable for all the shares of Common Stock subject to that Option will, immediately prior to the effective date of that Change in Control or Business Segment Sale, vest and become exercisable for all of the shares of Common Stock at the time subject to the Option and may be exercised for any or all of those shares as fully-vested shares of Common Stock. Your Spring 2002 Focal Review Option as so accelerated shall remain exercisable until the earlier of (i) the expiration of the option term or (ii) the end of the limited post-employment exercise period specified in the option agreement for that Option. Any acceleration of your Other Options in connection with a Change in Control or Business Segment shall be governed solely by the express terms of the applicable Plan under which each such Other Option was granted and the applicable stock option agreement for that Other Option and the special vesting acceleration provisions of your April 3, 2001 letter agreement with the Company, to the extent applicable. November 14, 2002 Page 8 AUTHORIZED RESIGNATION/INVOLUNTARY TERMINATION BENEFITS. Should your employment with the Company terminate by reason of (i) an Authorized Resignation or (ii) a...
Partial Option Acceleration. The vesting schedule in --------------------------- effect for the shares of Common Stock purchased or purchasable under each of the Executive's Options shall be accelerated by an additional twelve (12) months so that Executive shall immediately vest in that number of additional shares purchased or purchasable under each such Option equal to the number of additional shares in which Executive would have vested under the normal vesting schedule in effect for that Option had Executive actually rendered an additional twelve (12) months of service with the Corporation prior to the date of her Involuntary Termination. Executive shall have until the earlier of (i) the ------- expiration of the option term or (ii) the end of the three (3)-month period following the date of such Involuntary Termination in which to exercise her Options for any or all of the option shares in which Executive is vested at the time of her Involuntary Termination, including the option shares which vest on an accelerated basis in accordance with the foregoing provisions of this subparagraph (d).
Partial Option Acceleration. The vesting schedule in effect --------------------------- for each of the Executive's Options shall be accelerated by an additional twelve (12) months so that Executive shall immediately vest in that number of additional shares equal to the number of additional shares for which the Option would have become exercisable under the normal vesting schedule in effect for the Option had Executive actually rendered an additional twelve (12) months of service with the Corporation prior to the date of his Involuntary Termination. Executive shall have until the earlier of (i) ------- the expiration of the option term or (ii) the end of the three (3)- month period following the date of such Involuntary Termination in which to exercise his Option for any or all of the option shares in which Executive is vested at the time of his Involuntary Termination, including the option shares which vest on an accelerated basis in accordance with the foregoing provisions of this subparagraph (d).
Partial Option Acceleration. Should the Executive's Option --------------------------- shares not vest on an accelerated basis at the time of the Change in Control because those Options are assumed by the successor entity or otherwise continued in effect following that Change in Control, then upon an Involuntary Termination of Executive's employment with the Corporation (or the successor entity) within twelve (12) months after the effective date of such Change in Control, fifty percent (50%) of Executive's then unvested Option shares shall immediately vest. Executive shall have until the earlier of (i) the expiration of the option term ------- or (ii) the end of the three (3)-month period following the date of such Involuntary Termination in which to exercise his Options for any or all of the option shares in which Executive is vested at the time of his Involuntary Termination, including the Option shares which vest on an accelerated basis in accordance with the foregoing provisions of this subparagraph (d).
Partial Option Acceleration. The vesting schedule in effect for the shares of Common Stock subject to your Spring 2002 Focal Review Option will be accelerated by an additional six (6) months so that such Option shall immediately become exercisable for the additional number of shares for which that Option would have otherwise been exercisable under the normal vesting schedule in effect for that Option had you actually rendered an additional six (6) months of service with the Company prior to the date of your Involuntary
