Common use of Termination without Cause or for Good Reason following Clause in Contracts

Termination without Cause or for Good Reason following. a Corporate Transaction If your Service is terminated by the Company without Cause or by you for Good Reason, in either case within one year following a Corporate Transaction, then your option will automatically be fully vested and your option will expire at the close of business at Company headquarters on the 90th day after your termination date. For purposes of this Agreement, “Good Reason” shall have the meaning set forth in the employment agreement, if any, between you and the Company or, if no such employment agreement exists, such term shall mean your resignation from employment with the Company following the occurrence of either or both of the events set forth in clauses (A) and (B) below without your prior written consent, provided that, in connection with either or both events, (1) you deliver written notice to the Company of your intention to resign from employment due to either or both of such events within ninety (90) days of the event, which notice specifies in reasonable detail the circumstances claimed to provide the basis for such resignation, and (2) such event or events are not cured by the Company within thirty (30) days following delivery of such written notice:

Termination without Cause or for Good Reason following. a Corporate Transaction If your Service is terminated by the Company without Cause or by you for Good Reason, in either case within one year following a Corporate Transaction, then your option restricted stock units will automatically be fully vested and your option will expire at the close of business at Company headquarters on the 90th day after your termination datevested. For purposes of this Agreement, “Good Reason” shall have the meaning set forth in the employment agreement, if any, between you and the Company or, if no such employment agreement exists, such term shall mean your resignation from employment with the Company following the occurrence of either or both of the events set forth in clauses (A) and (B) below without your prior written consent, provided that, in connection with either or both events, (1) you deliver written notice to the Company of your intention to resign from employment due to either or both of such events within ninety (90) days of the event, which notice specifies in reasonable detail the circumstances claimed to provide the basis for such resignation, and (2) such event or events are not cured by the Company within thirty (30) days following delivery of such written notice: