Common use of Vesting Change in Control Clause in Contracts

Vesting Change in Control. Unless otherwise determined by the Committee, the unvested portion of the Option shall not automatically vest upon a Change in Control. Notwithstanding the foregoing, the Option shall vest in full upon a Qualifying Termination (as defined in Section 5(c)).

Appears in 3 contracts

Samples: Stock Option Agreement (PDS Biotechnology Corp), Employee Stock Option Agreement (PDS Biotechnology Corp), Stock Option Agreement (Edge Therapeutics, Inc.)

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Vesting Change in Control. Unless otherwise determined by the Committee, the unvested portion of the Option shall not automatically vest upon a Change in Control. Notwithstanding the foregoing, the Option shall vest in full upon a Qualifying Termination (as defined in Section 5(c5[(c)] [(d)]3).

Appears in 2 contracts

Samples: Executive Stock Option Agreement (PDS Biotechnology Corp), Executive Stock Option Agreement (Edge Therapeutics, Inc.)

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