Common use of Vesting of Equity Awards Clause in Contracts

Vesting of Equity Awards. Except as otherwise provided in an applicable award agreement specifically referencing this Agreement, the vesting and, if applicable, exercisability of Executive’s outstanding options, restricted shares, stock units and other compensatory awards with respect to the equity of the Company shall be accelerated immediately prior to the Change of Control with respect to 25% of the total number of unvested shares subject to the award.