Vesting of Stock Awards. If any of the events specified in Sections 3(a)(1) or (2) occur and the Executive is entitled to Severance Compensation hereunder then on the Termination Date, all stock option grants, awards of restricted stock or restricted stock units, and all other forms of stock awards previously granted to the Executive shall vest immediately (as if his employment were not terminated) and be nonforfeitable.
Vesting of Stock Awards. If within six months prior to a Change of Control and in anticipation of a Change of Control, the Executive’s employment is involuntarily terminated by the Company (except for Cause) or if any of the events in Section 3(a)(2)(ii) of this Agreement occur and Executive terminates her employment, all stock option grants, awards of restricted stock or restricted stock units, and all other forms of stock awards previously granted to the Executive shall vest immediately and be nonforfeitable.
Vesting of Stock Awards. Subject to the Executive’s execution of the Release and the effectiveness of the Release within twenty-eight (28) days of the Date of Termination, if a Terminating Event occurs during a Potential Change in Control Period or within eighteen (18) months following a Change in Control and in either case during the Term, anything contained in any applicable option agreement or stock-based award agreement to the contrary notwithstanding, vesting of all stock options and other stock-based awards (other than any award under the Company’s Employee Stock Purchase Program) granted to the Executive by the Company and outstanding immediately prior to such Terminating Event shall immediately accelerate and all such awards shall become fully vested and exercisable effective immediately prior to the Date of Termination.
Vesting of Stock Awards. Notwithstanding the foregoing provisions of this Section 4, the following provisions of this paragraph (vii) shall apply to awards described in this paragraph (vii) that were granted on or before September 21, 2006:
Vesting of Stock Awards. In accordance with the intent of Section 5(b) of the Employment Agreement and in consideration for the increase in duration pursuant to Section 4 of this Agreement from two years to four years of the noncompetition, confidentiality and other covenants contained in Section 6 of the Employment Agreement, the balance of any unvested shares relating to the 900,000 restricted shares of common stock of the Company, par value $0.01 per share (“Common Stock”), granted to Executive and currently outstanding, but not yet vested, shall fully vest on the Separation Date and will thereafter be freely transferable (subject to any restrictions under applicable securities law or the Company’s xxxxxxx xxxxxxx policy for senior executives).
Vesting of Stock Awards. (i) The Shares shall vest and be non-forfeitable in accordance with the Vesting Schedule.
Vesting of Stock Awards. In the event of a Change of Control of the Company, all restrictions on stock options and restricted shares granted prior to the Extension Date shall automatically lapse and the time periods relating to the exercise or vesting of stock options and restricted shares shall be accelerated so that such awards will be fully vested and exercisable as of the Extension Date. Any stock options that become exercisable pursuant to this Section 4 shall remain exercisable during the remainder of their term (as determined in accordance with the provisions of the applicable option award agreement.)
Vesting of Stock Awards. In accordance with Section 10(d) of the Employment Agreement, the balance of any unvested restricted shares of common stock of the Company, par value $0.01 per share (“Common Stock”), granted to Executive and currently outstanding, but not yet vested, shall fully vest on the Separation Date and will thereafter be freely transferable (subject to any restrictions under applicable securities law or the Company’s xxxxxxx xxxxxxx policy for senior executives).
Vesting of Stock Awards. Subject to the Executive’s execution of the Release and the effectiveness of the Release within twenty-eight (28) days of the Date of Termination, if a Terminating Event occurs within twenty-four (24) months following a Change in Control and during the Term, anything contained in any applicable option agreement or stock-based award agreement to the contrary notwithstanding, vesting of all stock options and other stock-based awards granted to the Executive by the Company and outstanding immediately prior to such Terminating Event shall immediately accelerate and all such awards shall become exercisable or non-forfeitable as of the effective date of such Terminating Event. For the avoidance of doubt, the Executive shall not be entitled hereunder to the accelerated vesting of any stock options or other stock-based awards upon a Terminating Event during a Potential Change in Control Period.
Vesting of Stock Awards. (a) This Stock Award shall vest:
