Stock Options/RSUs. Except to the extent additional rights are provided upon Executive’s qualifying to receive the Conditional Benefits, Executive’s rights with respect to any stock options and/or restricted stock units granted to Executive by the Company shall be governed by the terms and provisions of the plans (including plan rules) and award agreements pursuant to which such stock options and restricted stock units were awarded, as in effect at the date Executive’s employment terminates.
Stock Options/RSUs. Except to the extent additional rights are provided upon Executive’s qualifying to receive the Conditional
Stock Options/RSUs. Your Company issued stock options (the “Stock Options”) and restricted stock unit awards (the “RSUs”) will cease vesting on the Separation Date, after taking into account any vesting acceleration provided as a [Severance Benefit] OR [CIC Severance Benefit] or otherwise pursuant to a written agreement with the Company. You acknowledge and agree that all unvested Stock Options and RSUs, after taking into account such vesting acceleration will be forfeited on the Separation Date.
Stock Options/RSUs. Employee will continue to vest in all outstanding stock option and RSU awards during the Agreement Period. Employee will have 3 months after the end of the Agreement Period or the original option expiration date, whichever is earlier, to exercise any remaining vested options. Any equity that is unvested as of the last day of the Agreement Period, shall be forfeited. Employee will not be eligible for new awards of stock options or RSUs made at any time after the Departure Date.
Stock Options/RSUs a. Upon your Employment Termination Date, all of your then-outstanding stock options and restricted stock units (RSUs) shall become fully vested.
b. You will be eligible to exercise any vested stock options and RSUs you have been granted for twelve (12) months after your termination date, as provided by Section (3)(iii) of the EAA.
c. Any eligibility to exercise stock options is subject to the terms and conditions of the applicable plan documents and option agreements, including without limitation, the Company’s policies with respect to compliance with laws against xxxxxxx xxxxxxx and any actions taken by the Company to suspend the execution of option exercises during periods in which public financial statements are not current. Any vested stock options shall be subject to all other terms and conditions of the plan and other documents under which the options were originally granted, including, without limitation, early termination upon the first to occur of (i) the maximum year term of such options upon grant or (ii) a change of control of the Company, in each case on the terms provided for under the applicable option plan and option agreement.
Stock Options/RSUs. Your Company issued stock options (the “Stock Options”) and restricted stock unit awards (the “RSUs”) will cease vesting on the Separation Date, after taking into account any vesting acceleration provided as a Severance Benefit. The last date to exercise vested Stock Options would be January 31, 2018 under the standard terms of the Company’s equity plans, but that date will be extended to October 31, 2018 if you sign this agreement. You acknowledge and agree that all unvested Stock Options and RSUs, after taking into account such vesting acceleration will be forfeited on the Separation Date.
Stock Options/RSUs. You and Power-One acknowledge that You have certain stock option and equity grant rights under the Power-One grants noted in the following table: 00000966 6/29/2000 30,000 30,000 00001464 *10/1/2001 15,000 15,000 00001528 10/1/2001 11,000 11,000 00002408 1/8/2003 11,000 11,000 00002456 1/17/2003 4,000 4,000 00002661 7/21/2004 30,000 30,000 00002977 5/17/2005 40,000 stock units 0 * “collared” option, subject to special conditions on timing of exercise HAVE UNTIL MAY 15, 2007 (I.E. YOUR “LAST EXERCISE DATE”, WHICH IS 90 DAYS AFTER THE END OF THE PAYMENT PERIOD) TO EXERCISE ANY VESTED OPTIONS, AFTER WHICH DATE ALL RIGHTS TO EXERCISE VESTED OPTIONS WILL EXPIRE. YOU ARE NOT ENTITLED TO AND WILL NOT VEST IN ANY RIGHTS OR RECEIVE ANY SHARES UNDER STOCK UNIT GRANT NO. 2977 UNDER OR AS A RESULT OF YOUR CHANGE IN STATUS, THE TERMINATION OF YOUR EMPLOYMENT WITH POWER-ONE, OR OTHERWISE UNDER THIS AGREEMENT. THE SPECIAL CONDITIONS APPLICABLE TO THE DEADLINE FOR EXERCISE OF VESTED OPTIONS UNDER GRANT NO. 00001464 WILL REMAIN IN EFFECT DURING YOUR PAYMENT PERIOD. IN THE EVENT THE APPLICABLE TRIGGER DATE NOTED IN GRANT NO. 00001464 IS ACHIEVED DURING YOUR PAYMENT PERIOD, THE DEADLINE FOR YOUR EXERCISE OF OPTIONS VESTED UNDER GRANT NO. 00001464 WILL BE CONTROLLED BY THE TERMS AND CONDITIONS OF GRANT NO. 00001464, AND MAY EXPIRE PRIOR TO THE END OF THE PAYMENT PERIOD OR PRIOR TO YOUR LAST EXERCISE DATE AS MAY BE APPLICABLE. YOU ARE RESPONSIBLE FOR MONITORING OUR STOCK PRICE TO DETERMINE THE APPLICABLE END DATE FOR RIGHTS TO EXERCISE UNDER GRANT NO. 00001464 IN THE EVENT THAT THE TRIGGER DATE OCCURS DURING YOUR PAYMENT PERIOD. HOWEVER, YOU ACKNOWLEDGE AND AGREE THAT IF YOUR TRIGGER DATE OCCURS SUCH THAT THE OPTION EXPIRATION DATE CALCULATED FROM YOUR TRIGGER DATE IS BEYOND YOUR LAST EXERCISE DATE, THAT YOUR LAST EXERCISE DATE WILL BE THE LAST DATE UPON WHICH YOU MAY EXERCISE OPTIONS UNDER GRANT NO. 00001464 NOTWITHSTANDING ANY OTHER DATE CALCULATED AS THE OPTION EXPIRATION DATE UNDER GRANT NO. 00001464. Nothing in this agreement in any way supersedes, modifies, or amends any provision of the Power-One, Inc. Stock Option Plan. Your election to exercise options, and all aspects and procedures governing administration of options, will be subject to and governed by the Plan. In the event of any inconsistency between this agreement and the terms and conditions of the Plan, the Plan shall prevail.
Stock Options/RSUs. You will be eligible to receive an additional grant of stock options and/or restricted stock units during Intuit’s focal review based on your performance throughout the 2009 fiscal year.
Stock Options/RSUs. Upon commencement of employment the Employee was granted a stock option to purchase Two Hundred Ten Thousand (210,000) shares of the Company’s Common Stock (representing 60,000 shares after giving effect to a 1-for-3.5 reverse stock split of the Company’s Common Stock effected on January 10, 2012 (the “Reverse Stock Split”)) at a price per share of $0.08 (representing a price per share of $0.28 after giving effect to the Reverse Stock Split). The stock option will vest over four years at the rate of 25% on the one year anniversary of the Employee’s date of hire subject to his continuing employment with the Company, and no shares shall vest before such date, except as provided below. The remaining shares shall vest quarterly over the next three years in equal quarterly amounts subject to the Employee’s continuing employment with the Company, except as provided below. Upon the closing of the initial public offering of the Company’s Common Stock on February 1, 2012 (the “2012 IPO”), the Company granted to the Employee a restricted stock unit award (the “IPO RSU”) representing the right to receive 28,571 shares of Company Common Stock (after giving effect to the Reverse Stock Split and subject to appropriate adjustment to reflect any stock dividend, stock split, combination or other similar recapitalization with respect to the Company’s Common Stock) upon satisfaction of applicable vesting conditions, as set forth in the Restricted Stock Unit Agreement between the Company and the Employee.
Stock Options/RSUs. Except to the extent additional rights are provided upon Executive’s qualifying to receive the Conditional Benefits, Executive’s rights with respect to any stock options and/or restricted stock units granted to him by Disney shall be governed by the terms and provisions of the plans (including plan rules) and award agreements pursuant to which such stock options and restricted stock units were awarded, as in effect at the date Executive’s employment terminates.
7. The last sentence of Paragraph 5(d)(ii) of the Agreement is hereby amended to read in its entirety as follows: However, any provisions in the Original Stock Option Award Documents relating to disability or change in control of Disney shall not be operative after the Termination Date with respect to any Remaining Stock Options.
8. Paragraphs 5(d)(iii)(B) and 5(d)(iii)(D) of the Agreement are hereby amended to read in their entirety as follows:
