Common use of Stock Option Vesting Clause in Contracts

Stock Option Vesting. In the event of a Termination Following a Change of Control, all outstanding stock options held by the Officer which are not then exercisable, shall become exercisable in their entirety, as of the date immediately preceding the Termination Date.

Appears in 4 contracts

Samples: Change of Control Agreement (Staodyn Inc), Change of Control Agreement (Staodyn Inc), Employment Agreement (Staodyn Inc)

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Stock Option Vesting. In the event of a Termination Following a Change of Control, all outstanding stock options held by the Officer Employee which are not then exercisable, shall become exercisable in their entirety, as of the date immediately preceding the Termination Date.

Appears in 2 contracts

Samples: Change of Control Agreement (Staodyn Inc), Change of Control Agreement (Staodyn Inc)

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