Common use of Termination of Service; Accelerated Vesting Clause in Contracts

Termination of Service; Accelerated Vesting. (i) If the Executive’s employment is terminated by the Company for Cause as such term is defined below in Sections 7.1.1 (A), (B) or (C), (1) all unvested Quarterly Grants shall expire immediately effective the date of termination, and (2) all vested Quarterly Grants shall expire thirty days following the date of such termination unless and to the extent that within said 30-day period Executive shall exercise any or all such vested Quarterly Grants and pay the full exercise price of such shares as provided for in 4.1.3(f). (ii) If the Executive’s employment is terminated voluntarily by the Executive without Good Reason as such term is defined below, all unvested Quarterly Grants shall immediately expire effective the date of termination of employment. Vested Quarterly Grants, to the extent unexercised, shall expire on the later of five years after the date of grant or the expiration of the contractual Lock-Up Agreement. (iii) If the Executive’s employment terminates on account of death or Disability, as defined below, all unvested Quarterly Grants shall immediately expire effective the date of death or termination of employment and all vested Quarterly Grants to the extent unexercised, shall expire one year after the date of death or Disability. (iv) If the Executive’s employment is terminated (A) in connection with a Change of Control as defined below, (B) by the Company without Cause, or (C) by the Executive for Good Reason, one-half of all unvested Quarterly Grants shall immediately vest and become exercisable effective the date of termination of employment, and, to the extent unexercised, shall expire five years from the date of termination of employment, but in no event beyond ten years from the date of grant.

Termination of Service; Accelerated Vesting. (i) If the Executive’s employment is terminated by the Company for Cause as such term is defined below in Sections 7.1.1 (A), (B) or (C)Section 7.1.1, (1) all unvested Quarterly Grants Monthly Vestings shall expire immediately effective the date of termination, and and; (2) all vested Quarterly Grants Monthly Vestings shall expire thirty days ten years following the date of such termination unless and to the extent that within said 30-day period Executive shall exercise any or all such vested Quarterly Grants and pay the full exercise price of such shares as provided for in 4.1.3(f)grant. (ii) If the Executive’s employment is terminated voluntarily by the Executive without Good Reason as such term is defined below, all unvested Quarterly Grants Monthly Vestings shall immediately expire effective the date of termination of employment. Vested Quarterly GrantsMonthly Vestings, to the extent unexercised, shall expire on the later of five ten years after the date of grant or the expiration of the contractual Lock-Up Agreement. (iii) If the Executive’s employment terminates on account of death or Disability, as defined below, all unvested Quarterly Grants Monthly Vestings shall immediately expire effective the date of death or termination of employment and all vested Quarterly Grants Monthly Vestings to the extent unexercised, shall expire one year ten years after the date of death the grant unless otherwise limited by applicable federal or Disabilitystate law. (iv) If the Executive’s employment is terminated (A) in connection with a Change of Control as defined below, (B) by the Company without Cause, or (C) by the Executive for Good Reason, one-half of all unvested Quarterly Grants Monthly Vestings shall immediately vest and become exercisable effective the date of termination of employment, and, to the extent unexercised, shall expire five years from the date of termination of employment, but in no event beyond ten years from after the date of grant.

Termination of Service; Accelerated Vesting. (i) If the Executive’s employment is terminated by the Company for Cause as such term is defined below in Sections 7.1.1 (A), (B) or (C), (1) all unvested Quarterly Grants shall expire immediately effective the date of termination, and (2) all vested Quarterly Grants shall expire thirty days following the date of such termination unless and to the extent that within said 30-day period Executive shall exercise any or all such vested Quarterly Grants and pay the full exercise price of such shares as provided for in 4.1.3(f4.1.4(f). (ii) If the Executive’s employment is terminated voluntarily by the Executive without Good Reason as such term is defined below, all unvested Quarterly Grants shall immediately expire effective the date of termination of employment. Vested Quarterly Grants, to the extent unexercised, shall expire on the later of five years after the date of grant or the expiration of the contractual Lock-Up Agreement. (iii) If the Executive’s employment terminates on account of death or Disability, as defined below, all unvested Quarterly Grants shall immediately expire effective the date of death or termination of employment and all vested Quarterly Grants to the extent unexercised, shall expire one year after the date of death or Disability. (iv) If the Executive’s employment is terminated (A) in connection with a Change of Control as defined below, (B) by the Company without Cause, or (C) by the Executive for Good Reason, one-half of all unvested Quarterly Grants shall immediately vest and become exercisable effective the date of termination of employment, and, to the extent unexercised, shall expire five years from the date of termination of employment, but in no event beyond ten years from the date of grant.