Common use of Stock Option Vesting Clause in Contracts

Stock Option Vesting. Notwithstanding anything contained in any stock option or other equity incentive plan or agreement, in the event of a Change in Control (or, in the case of an Anticipatory Termination, upon the occurrence of such termination), all Company stock options, other than June 22 Options, held by the Executive shall become fully vested and exercisable with respect to all shares subject thereto beginning ten (10) days immediately prior to the closing date of such Change in Control.

Appears in 8 contracts

Samples: Change in Control Severance Agreement (Directv Group Inc), Executive Change in Control Severance Agreement (Directv Group Inc), Change in Control Severance Agreement (Directv Group Inc)

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