Common use of Vesting of Rights Clause in Contracts

Vesting of Rights. Upon the occurrence of the events set ----------------- forth in Sections 8(e)(i)(A), 8(e)(i)(B) or 8(e)(i)(C) during the term of this Agreement, and regardless of whether Employee terminates this Agreement following such occurrence, and notwithstanding any provision to the contrary in any other agreement or document (including NOVA's applicable plan documents), all stock options, restricted stock, and other similar rights that have been granted to Employee and are not vested on the date of the occurrence of such event shall become vested and exercisable immediately (collectively, the "Vested Rights") and as provided under the applicable plan or agreement, Employee shall have the continuing right to exercise any or all of the Vested Rights.

Appears in 3 contracts

Samples: Employment Agreement (Nova Corp \Ga\), Employment Agreement (Nova Corp \Ga\), Employment Agreement (Nova Corp \Ga\)

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Vesting of Rights. Upon the occurrence of the events set ----------------- forth in ----------------- Sections 8(e)(i)(A7(e)(i)(A), 8(e)(i)(B7(e)(i)(B) or 8(e)(i)(C7(e)(i)(C) during the term of this Agreement, and regardless of whether Employee terminates this Agreement following such occurrence, and notwithstanding any provision to the contrary in any other agreement or document (including NOVA's applicable plan documents), all stock options, restricted stock, and other similar rights that have been granted to Employee and are not vested on the date of the occurrence of such event shall become vested and exercisable immediately (collectively, the "Vested Rights") and as ). As provided under the applicable plan or agreement, Employee shall have the continuing right to exercise any or all of the Vested Rights.

Appears in 1 contract

Samples: Employment Agreement (Nova Corp \Ga\)

Vesting of Rights. Upon the occurrence of the events set ----------------- forth in ----------------- Sections 8(e)(i)(A7(e)(i)(A), 8(e)(i)(B7(e)(i)(B) or 8(e)(i)(C7(e)(i)(C) during the term of this Agreement, and regardless of whether Employee terminates this Agreement following such occurrence, and notwithstanding any provision to the contrary in any other agreement or document (including NOVA's applicable plan documents), all stock options, restricted stock, and other similar rights that have been granted to Employee and are not vested on the date of the occurrence of such event shall become vested and exercisable immediately (collectively, the "Vested Rights") and as provided under the applicable plan or agreement, Employee shall have the continuing right to exercise any or all of the Vested Rights.

Appears in 1 contract

Samples: Employment Agreement (Nova Corp \Ga\)

Vesting of Rights. Upon the occurrence of the events set ----------------- forth in Sections 8(e)(i)(A7(e)(i)(A), 8(e)(i)(B7(e)(i)(B) or 8(e)(i)(C7(e)(i)(C) during the term of this Agreement, and regardless of whether Employee terminates this Agreement following such occurrence, and notwithstanding any provision to the contrary in any other agreement or document (including NOVA's applicable plan documents), all stock options, restricted stock, and other similar rights that have been granted to Employee and are not vested on the date of the occurrence of such event shall become vested and exercisable immediately (collectively, the "Vested Rights") and as provided under the applicable plan or agreement, Employee shall have the continuing right to exercise any or all of the Vested Rights.

Appears in 1 contract

Samples: Employment Agreement (Nova Corp \Ga\)

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Vesting of Rights. Upon the occurrence of the events set ----------------- ------------------ forth in Sections 8(e)(i)(A), 8(e)(i)(B) or 8(e)(i)(C) during the term of this Agreement, and regardless of whether Employee terminates this Agreement following such occurrence, and notwithstanding any provision to the contrary in any other agreement or document (including NOVA's applicable plan documents), all stock options, restricted stock, and other similar rights that have been granted to Employee and are not vested on the date of the occurrence of such event shall become vested and exercisable immediately (collectively, the "Vested Rights") and as provided under the applicable plan or agreement, Employee shall have the continuing right to exercise any or all of the Vested Rights.

Appears in 1 contract

Samples: Employment Agreement (Nova Corp \Ga\)

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