Common use of Vesting of Long-Term Incentives and Stock Options/Rights Clause in Contracts

Vesting of Long-Term Incentives and Stock Options/Rights. The Parent shall (i) cause all equity and other long-term incentive awards held by Executive to fully vest as of the time of termination, and (ii) provide COBRA Continuation in accordance with Section 5(a)(iv)(E) above. Anything in this Agreement to the contrary notwithstanding, if the Executive’s employment with the Company is terminated other than for Cause prior to the date on which a Trigger Event, occurs, and it is reasonably demonstrated that such termination (i) was at the request of a third party who has taken steps reasonably calculated to effect a Trigger Event, or (ii) otherwise arose in connection with or anticipation of a Trigger Event, then for all purposes of this Agreement the date of the Trigger Event, shall mean the date immediately prior to the date of such termination.

Vesting of Long-Term Incentives and Stock Options/Rights. The Parent shall (i) cause all equity and other long-term incentive awards held by Executive to fully vest as of the time of termination, termination and (ii) provide COBRA Continuation in accordance with Section 5(a)(iv)(E) above. Anything in this Agreement to the contrary notwithstanding, if the Executive’s employment with the Company is terminated other than for Cause prior to the date on which a Trigger Event, Event occurs, and it is reasonably demonstrated that such termination (i) was at the request of a third party who has taken steps reasonably calculated to effect a Trigger Event, Event or (ii) otherwise arose in connection with or anticipation of a Trigger Event, Event then for all purposes of this Agreement the date of the Trigger Event, Event shall mean the date immediately prior to the date of such termination.

Vesting of Long-Term Incentives and Stock Options/Rights. The Parent shall (i) cause all equity and other long-term incentive awards held by Executive to fully vest as of the time of termination, termination and (ii) provide COBRA Continuation in accordance with Section 5(a)(iv)(E) above. Anything in this Agreement to the contrary notwithstanding, if the Executive’s employment with the Company is terminated other than for Cause prior to the date on which a Trigger Event, Event occurs, and it is reasonably demonstrated that such termination (i) was at the request of a third party who has taken steps reasonably calculated to effect a Trigger Event, Event or (ii) otherwise arose in connection with or anticipation of a Trigger Event, then for all purposes of this Agreement the date of the Trigger Event, Event shall mean the date immediately prior to the date of such termination.