Common use of Performance-Contingent Options Clause in Contracts

Performance-Contingent Options. Upon a Change in Control or upon termination of the Executive's employment without cause during the Change in Control Period or voluntary termination by the Executive of the Executive's employment for Good Reason during the Change in Control Period, all unvested and unexercised Performance-Contingent Options granted to the Executive shall become eligible for vesting and shall vest immediately, the extent of such vesting to occur in accordance with the terms governing vesting on change of control set out in the Board resolution authorizing the grant of such Performance Contingent Options or such other, more favourable, terms as the Board, acting in its discretion, may determine, and shall become exercisable in accordance with the terms of each such Performance-Contingent Option or the plan governing each such Performance-Contingent Option.

Performance-Contingent Options. Upon a Change in Control or upon termination of the Executive's ’s employment without cause during the Change in Control Period or voluntary termination by the Executive of the Executive's ’s employment for Good Reason during the Change in Control Period, all unvested and unexercised Performance-Contingent Options granted to the Executive shall become eligible for vesting and shall vest immediately, the extent of such vesting to occur in accordance with the terms governing vesting on change of control set out in the Board resolution authorizing the grant of such Performance Contingent Options or such other, more favourable, terms as the Board, acting in its discretion, may determine, and shall become exercisable in accordance with the terms of each such Performance-Contingent Option or the plan governing each such Performance-Contingent OptionOptions.

Performance-Contingent Options. Upon a Change in Control or upon termination of the Executive's ’s employment without cause during the Change in Control Period or voluntary termination by the Executive of the Executive's ’s employment for Good Reason during the Change in Control Period, all unvested and unexercised Performance-Contingent Options granted to the Executive shall become eligible for vesting and shall vest immediately, the extent of such vesting to occur in accordance with the terms governing vesting on change Change of control Control set out in the Board resolution authorizing the grant of such Performance Contingent Options or such other, other more favourable, favourable terms as the Board, acting in its discretion, may determine, determine and shall become exercisable in accordance with the terms of each such Performance-Contingent Option or the plan governing each such Performance-Contingent OptionOptions.

Performance-Contingent Options. Upon a Change in Control or upon termination of the Executive's employment without cause during the Change in Control Period or voluntary termination by the Executive of the Executive's employment for Good Reason during the Change in Control Period, all unvested and unexercised Performance-Contingent Options granted to the Executive shall become eligible for vesting and shall vest immediately, the extent of such vesting to occur in accordance with the terms governing vesting on change Change of control Control set out in the Board resolution authorizing the grant of such Performance Contingent Options or such other, other more favourable, favourable terms as the Board, acting in its discretion, may determine, determine and shall become exercisable in accordance with the terms of each such Performance-Contingent Option or the plan governing each such Performance-Contingent Option.