Common use of Vesting of All Stock Options and Rights Clause in Contracts

Vesting of All Stock Options and Rights. All of Executive’s unvested stock options, stock appreciation rights, shares of restricted stock and any other unvested equity awards will vest. The remaining provisions of Executive’s stock options, stock appreciation rights, restricted stock and other equity awards, as governed by the applicable stock or equity incentive plan of the Company, will continue in full force and effect, provided, however, that vested options and stock appreciation rights will lapse if not exercised before midnight on the day that is twelve (12) months after the Executive’s Termination Date, or earlier in accordance with the expiration of the term of the option or stock appreciation right.

Vesting of All Stock Options and Rights. All of Executive’s unvested stock options, stock appreciation rights, shares of restricted stock and any other unvested equity awards will shall vest. The remaining provisions of Executive’s stock options, stock appreciation rights, restricted stock and other equity awards, as governed by the applicable stock or equity incentive plan of the Company, will shall continue in full force and effect, provided, however, that vested options and stock appreciation rights will shall lapse if not exercised before midnight on the day that is twelve (12) months after the Executive’s Termination Date, or earlier in accordance with the expiration of the term of the option or stock appreciation right.