Common use of Stock Award Acceleration Clause in Contracts

Stock Award Acceleration. (i) If Executive’s employment is terminated by the Company without Cause, by Executive for Good Reason, or as a result of Executive’s death or Permanent Disability, the vesting and/or exercisability of each of Executive’s outstanding Stock Awards shall be automatically accelerated on the date of termination as to the number of Stock Awards that would vest over the twelve (12) month period following the date of termination had Executive remained continuously employed by the Company during such period.

Appears in 8 contracts

Samples: Employment Agreement (Cadence Pharmaceuticals Inc), Employment Agreement (Cadence Pharmaceuticals Inc), Employment Agreement (Cadence Pharmaceuticals Inc)

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Stock Award Acceleration. (i) If Executive’s employment is terminated by i)In the Company without Cause, by Executive for Good Reason, or as a result event of Executive’s death or Permanent DisabilityInvoluntary Termination, the vesting and/or exercisability of each of Executive’s outstanding unvested Stock Awards shall be automatically accelerated on the date of termination Executive’s Involuntary Termination as to the number of Stock Awards that would vest over the twelve six (126) month period following the date of termination Executive’s Involuntary Termination had Executive remained continuously employed by the Company during such period.

Appears in 4 contracts

Samples: Employment Agreement (Oncternal Therapeutics, Inc.), Employment Agreement (Oncternal Therapeutics, Inc.), Employment Agreement (Oncternal Therapeutics, Inc.)

Stock Award Acceleration. (i) If Executive’s employment is terminated by In the Company without Cause, by Executive for Good Reason, or as a result event of Executive’s death or Permanent DisabilityInvoluntary Termination, the vesting and/or exercisability of each of Executive’s outstanding unvested Stock Awards shall be automatically accelerated on the date of termination Executive’s Involuntary Termination as to the number of Stock Awards that would vest over the twelve six (126) month period following the date of termination Executive’s Involuntary Termination had Executive remained continuously employed by the Company during such period.

Appears in 3 contracts

Samples: Employment Agreement (Oncternal Therapeutics, Inc.), Employment Agreement (Oncternal Therapeutics, Inc.), Employment Agreement (Oncternal Therapeutics, Inc.)

Stock Award Acceleration. (i) If Executive’s employment is terminated by i)In the Company without Cause, by Executive for Good Reason, or as a result event of Executive’s death or Permanent DisabilityInvoluntary Termination, the vesting and/or exercisability of each of Executive’s outstanding unvested Stock Awards shall be automatically accelerated on the date of Executive’s termination of employment as to the number of Stock Awards that would vest over the twelve (12) month period following the date of Executive’s termination of employment had Executive remained continuously employed by the Company during such period.

Appears in 2 contracts

Samples: Employment Agreement (Plus Therapeutics, Inc.), Employment Agreement (Plus Therapeutics, Inc.)

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Stock Award Acceleration. (i) If Executive’s employment is terminated by i)In the Company without Cause, by Executive for Good Reason, or as a result event of Executive’s death or Permanent DisabilityInvoluntary Termination, the vesting and/or exercisability of each of Executive’s outstanding unvested Stock Awards shall be automatically accelerated on the date of Executive’s termination of employment as to the number of Stock Awards that would vest over the twelve nine (129) month period following the date of Executive’s termination of employment had Executive remained continuously employed by the Company during such period.

Appears in 2 contracts

Samples: Employment Agreement (Plus Therapeutics, Inc.), Employment Agreement (Plus Therapeutics, Inc.)

Stock Award Acceleration. (i) If Executive’s employment is terminated by In the Company without Cause, by Executive for Good Reason, or as a result event of Executive’s death or Permanent DisabilityInvoluntary Termination, the vesting and/or exercisability of each of Executive’s outstanding unvested Stock Awards shall be automatically accelerated on the date of Executive’s termination of employment as to the number of Stock Awards that would vest over the twelve (12) month period following the date of Executive’s termination of employment had Executive remained continuously employed by the Company during such period.

Appears in 1 contract

Samples: Employment Agreement (Plus Therapeutics, Inc.)

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