Common use of Vesting Acceleration of Service-based Equity Awards Clause in Contracts

Vesting Acceleration of Service-based Equity Awards. Vesting acceleration as to any Equity Awards that are outstanding and unvested as of the date of the Qualifying Non-CIC Termination that were scheduled to vest during the 12-month period following the date of the Qualifying Non-CIC Termination. In the event of conflict between this paragraph and the vesting provisions of any award agreements or notices governing Executive’s Equity Awards, the provisions of this paragraph shall control.

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (Ibotta, Inc.), Change in Control and Severance Agreement (Ibotta, Inc.)

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Vesting Acceleration of Service-based Equity Awards. Vesting acceleration as to of any Equity Awards that are outstanding and unvested as of the date of the Qualifying Non-CIC Qualifying Termination that were scheduled to vest during would have otherwise vested had Executive remained employed by the 12-month period Company for nine (9) months following the date of the Qualifying Non-CIC Qualifying Termination. In the event of conflict between this paragraph and the vesting provisions of any award agreements or notices governing Executive’s Equity Awards, the provisions of this paragraph shall control.

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (Kinnate Biopharma Inc.), Change in Control and Severance Agreement (Kinnate Biopharma Inc.)

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Vesting Acceleration of Service-based Equity Awards. Vesting acceleration as to of any Equity Awards that are outstanding and unvested as of the date of the Qualifying Non-CIC Qualifying Termination that were scheduled to vest during would have otherwise vested had Executive remained employed by the Company for twelve (12-month period ) months following the date of the Qualifying Non-CIC Qualifying Termination. In the event of conflict between this paragraph and the vesting provisions of any award agreements or notices governing Executive’s Equity Awards, the provisions of this paragraph shall control.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Kinnate Biopharma Inc.)

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