Common use of Vesting of Equity Compensation Clause in Contracts

Vesting of Equity Compensation. Subject to the terms of the Company's 2014 Stock Incentive Plan (the "Equity Plan"), applicable awards and applicable law, Company will cause any outstanding, qualified option, non-qualified stock option, restricted stock unit and/or other equity awards provided pursuant to the Equity Plan to become vested to the extent not current vested. The shares associated with any vested awards (less any applicable tax withholding) will be issued or delivered to Executive in accordance with the terms of the applicable awards, the Equity Plan, and applicable law.

Appears in 4 contracts

Samples: Separation and General Release Agreement (Evans & Sutherland Computer Corp), Separation and General Release Agreement (Evans & Sutherland Computer Corp), Separation and General Release Agreement (Evans & Sutherland Computer Corp)

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