Vesting of Equity based Awards. All outstanding options, restricted stock and other equity-based awards which have been granted to Executive shall immediately vest on a Change in Control Date.
Vesting of Equity. If, during the term of this Agreement, the Employee is subject to Involuntary Termination, then the vested percentage of Employee’s option shares and shares granted pursuant to stock awards will at all times thereafter be determined by adding 12 months to the actual period of service that he has completed with the Company.
Vesting of Equity. With respect to any equity awards or grants made by Employer and/or any Employer Entity after the date of this Agreement and notwithstanding any provision to the contrary in any applicable plan, program or agreement, upon a termination of Employee's employment with Employer pursuant to any of the subparagraphs of Section 3.4 or Section 3.7, all stock options, restricted stock and other equity rights held by the Employee will become fully vested and/or exercisable, as the case may be, on the date on which such termination of employment occurs, and all stock options held by the Employee shall remain exercisable until the earlier to occur of: (i) the expiration date of the applicable option term or (ii) the two (2) year anniversary of Employee's termination date; provided, however, that the payment of performance-based awards will continue to be subject to the attainment of the performance goals as specified in the applicable plan or award agreement.
Vesting of Equity. All stock options, shares of restricted stock, and other equity-based compensation units held by the Key Employee pursuant to any stock option plan, stock option agreement, or other long-term incentive plan or agreement shall be governed by the terms of such plan or agreement, but in the event the plan or agreement is silent on the subject of change in control, all such options, shares, and units shall immediately become vested and exercisable as to all or any part of the shares and rights covered thereby; provided, however, that any performance-based awards shall vest in accordance with the terms of the award agreements evidencing such awards.
Vesting of Equity. Notwithstanding any provisions to the contrary contained in any stockholders agreement, option agreement, award agreement or other agreement, immediately upon the Triggering Event, all of Employee’s unvested options referenced in Paragraph 3.B, along with any other restricted stock, stock options, or other equity subject to forfeiture or rights of repurchase, shall fully vest and (in the case of options) become exercisable.
Vesting of Equity. With respect to the Emergence Award and any equity awards or grants made by Employer and/or any Employer Entity after the date of this Agreement, and notwithstanding any provision to the contrary in any applicable plan, program or agreement, upon a termination of Employee’s employment with Employer pursuant to any of the subparagraphs of Section 3.4 or Section 3.7, all stock options, performance share, restricted stock, restricted stock unit and other equity rights held by the Employee will become fully vested and/or exercisable, as the case may be, on the date on which such termination of employment occurs, and all stock options held by the Employee shall remain exercisable until the earlier to occur of: (i) the expiration date of the applicable option term or (ii) the two (2) year anniversary of Employee’s termination date; provided, however, that the payment of performance-based awards will continue to be subject to the attainment of the performance goals as specified in the applicable plan or award agreement.
Vesting of Equity. If, during the term of this Agreement, the Employee is subject to Involuntary Termination, then the Employee shall be vested in an additional 50% of Employee’s option shares and shares granted pursuant to stock awards.
Vesting of Equity. The vesting of equity grants to Executive shall be as provided in each applicable equity award agreement; provided, however, that such equity award agreements shall provide, and shall be deemed to provide in case of any ambiguity or discrepancy, that (1) in the event of a termination of employment by the Company without Cause, for death or Disability, or by Executive for Good Reason (each as defined in this Agreement), there shall be accelerated vesting of all unvested outstanding time-based equity awards; and (2) in the event of a Change in Control Termination (as defined in this Agreement) there shall be accelerated vesting of all unvested outstanding time-based and performance-based awards (at target); in each case as more fully set forth in the applicable award agreements.
Vesting of Equity. At the time of his termination of employment, any unvested portion of the Restricted Stock or any other restricted stock, stock options or other equity-based awards held by the Executive at the time of his termination of employment shall become fully vested and exercisable, notwithstanding the terms of any award agreement or equity plan applicable to such awards.
Vesting of Equity. During your advisory services under this Advisor Agreement, your Options will continue to vest as set forth in the transition agreement between you and the Company (the “Transition Agreement”).
