Common use of Partial Option Acceleration Clause in Contracts

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.

Appears in 5 contracts

Samples: Employment Agreement (Ants Software Inc), Employment Agreement (Ants Software Inc), Employment Agreement (Ants Software Inc)

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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 7550% of any and all otherwise 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.

Appears in 1 contract

Samples: Employment Agreement (MIPSolutions, Inc.)

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