Common use of Subsequent Equity Awards Clause in Contracts

Subsequent Equity Awards. One hundred percent (100%) of the then unvested portion of any equity awards granted to Executive following the Initial Awards and while Executive was serving as an executive officer of the Company (the “Subsequent Awards”) will immediately vest and, if applicable, become exercisable. The Subsequent Awards will, to the extent applicable, remain exercisable following Executive’s termination for the period prescribed in the related award agreements.

Appears in 3 contracts

Samples: Change of Control Severance Agreement (Infinera Corp), Change of Control Severance Agreement (Infinera Corp), Change of Control Severance Agreement (Infinera Corp)

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Subsequent Equity Awards. One hundred Fifty percent (10050%) of the then unvested portion of any equity awards granted to Executive following the Initial Awards and while Executive was serving as an a Vice President or other executive officer of the Company (the “Subsequent Awards”) will immediately vest and, if applicable, become exercisable. The Subsequent Awards will, to the extent applicable, remain exercisable following Executive’s termination for the period prescribed in the related award agreements.

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Infinera Corp), Change of Control Severance Agreement (Infinera Corp)

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Subsequent Equity Awards. One hundred Fifty percent (10050%) of the then unvested portion of any equity awards granted to Executive following the Initial Awards and while Executive was serving as an executive officer of the Company (the “Subsequent Awards”) will immediately vest and, if applicable, become exercisable. The Subsequent Awards will, to the extent applicable, remain exercisable following Executive’s termination for the period prescribed in the related award agreements.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Infinera Corp)

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