Common use of Vesting of Equity Clause in Contracts

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.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Natera, Inc.), Employment Agreement (Natera, Inc.)

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Vesting of Equity. If, during the term of this Agreement, the Employee is subject to an Involuntary Termination, then the Employee shall become vested in (1) an additional 50% of Employee's then-unvested Equity Awards or, if greater, (2) the vested percentage of Employee’s option shares and shares granted pursuant subject to stock awards will at all times thereafter Equity Awards shall be determined by adding 12 months to the actual period of Employee’s service that he has completed with the Company.

Appears in 2 contracts

Samples: Employment Agreement (Natera, Inc.), Employment Agreement (Natera, Inc.)

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