Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock which Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding options, the Employee will be considered to have vested only up to the Termination Date. The exercise of any stock options shall continue to be subject to the terms and conditions of the Stock Agreements.
Appears in 2 contracts
Samples: Severance Agreement and Release (Therma Wave Inc), Severance Agreement and Release (Natus Medical Inc)
Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock which that Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding options, the Employee will be considered to have vested only up to the Termination Resignation Date. The exercise of any stock Employee’s vested options and shares shall continue to be subject to governed by the terms and conditions of the Company’s Stock Agreements.
Appears in 1 contract
Samples: Separation Agreement and Release (St. Bernard Software, Inc.)
Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock which that Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding options, the Employee will be considered to have vested only up to the Termination Date. Employee acknowledges that as of the Termination Date, Employee will have vested in 98,500 options and no more. The exercise of any stock Employee’s vested options and shares shall continue to be subject to governed by the terms and conditions of the Company’s Stock Agreements.
Appears in 1 contract
Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock which that Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding options, the Employee will be considered to have vested only up to the Termination Date. Employee acknowledges that as of the Termination Date, he/she will have vested in 68,301 options and no more. The exercise of any stock options shall continue to be subject to the terms and conditions of the Stock Agreements.
Appears in 1 contract
Samples: Severance Agreement and Release (Natus Medical Inc)
Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock stock, which Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding options, the Employee will be considered to have vested only up to the Termination Separation Date. The exercise of any Therefore, the stock options shall continue to be expire subject to the terms and conditions of the Stock Option Agreements.
Appears in 1 contract
Samples: Separation Agreement and Release (Pinnacle Systems Inc)
Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock which Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding options, the Employee will be considered to have vested only up to the Termination Date. The exercise of any stock options shall continue to be subject to the terms and conditions of the Stock AgreementsAgreements and the 1997 Stock Option Plan.
Appears in 1 contract
Samples: Separation Agreement and General Release (Sipex Corp)
Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock which that Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding options, the Employee will be considered to have vested only up to the Termination Date. Employee acknowledges that as of the Termination Date, Employee will have vested in 25,000 options and no more. The exercise of any stock Employee’s vested options and shares shall continue to be subject to governed by the terms and conditions of the Company’s Stock Agreements.
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Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock which Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding options, the Employee will be considered to have vested only up to the Termination Date. Employee acknowledges that as of the Termination Date, she will have vested in 48,000 options and no more. The exercise of any stock options shall continue to be subject to the terms and conditions of the Stock Agreements.
Appears in 1 contract
Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock which Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding options, the Employee will be considered to have vested only up to the Termination Date. Employee acknowledges that as of the Termination Date, she will have vested in 0 options and no more. The exercise of any stock options shall continue to be subject to the terms and conditions of the Stock Option Agreements.
Appears in 1 contract
Samples: Separation Agreement and General Release (Ziprealty Inc)
Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock which Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding options, the Employee will be considered to have vested only up to the Termination Date. Employee acknowledges that as of the Termination Date, he will have vested in 139,583 options and no more. The exercise of any stock options shall continue to be subject to the terms and conditions of the Stock Option Agreements.
Appears in 1 contract
Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock which Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding options, the Employee will be considered to have vested fully in 100% of those options already issued to the Employee in the Stock Agreements only up to the Termination Date. The exercise of any stock options shall continue to be subject to the terms and conditions of the Stock Agreements.
Appears in 1 contract
Samples: Sipex Corporation Separation Agreement and General Release (Sipex Corp)
Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock which that Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding options, the Employee will be considered to have vested only up to the Termination Separation Date. Employee acknowledges that as of the Separation Date, Employee will have vested in [•] options and no more. The exercise of any stock Employee’s vested options and shares shall continue to be subject to governed by the terms and conditions of the Company’s Stock Agreements.
Appears in 1 contract
Samples: Executive Employment Agreement (Osprey Technology Acquisition Corp.)
Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock which that Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding options, the Employee will be considered to have vested only up to the Termination Date. The exercise of any stock Employee’s vested options and shares shall continue to be subject to governed by the terms and conditions of the Stock Agreements.. A schedule of Employee’s option vesting under the Stock Agreements through the Termination Date is attached as Exhibit B.
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Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock which that Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding optionsoptions and vesting of restricted stock units, the Employee will be considered to have vested only up to the Termination Separation Date. The exercise of any stock Employee’s vested options and shares shall continue to be subject to governed by the terms and conditions of the Company’s Stock Agreements.
Appears in 1 contract
Stock. The Parties agree that for purposes of determining the number of shares of the Company’s common stock which that Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding optionsOptions, the Employee will be considered to have vested only up to the Termination Separation Date. Employee acknowledges that as of the Separation Date, Employee will have vested in the number of shares set forth in Exhibit A and no more. The exercise of any stock options Employee’s vested Options shall continue to be subject to governed by the terms and conditions of the Stock Plan and the Option Agreements.
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