Vesting following a Change of Control. In the event that (i) a Change of Control occurs during the Optionee’s employment and (ii) the Optionee’s employment is terminated by the Company (or its successor) without Cause or by the Optionee voluntarily for Good Reason, at any time during the 12 month period following such Change of Control, then, without further action by the Company (or its successor) or the Board, the vesting of all Unvested Shares shall accelerate and all such Unvested Shares shall become Vested Shares as of the date of such Termination or resignation.
Appears in 4 contracts
Samples: Incentive Stock Option and Reverse Vesting Agreement (ViewRay, Inc.), Incentive Stock Option and Reverse Vesting Agreement (ViewRay, Inc.), Incentive Stock Option and Reverse Vesting Agreement (Viewray Inc)
