Common use of Vesting of Stock Awards Clause in Contracts

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 any of the events specified in Sections 3(a)(13(a)(i) or (2ii) 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 the Executive’s employment were not terminated) and be nonforfeitable.

Vesting of Stock Awards. If any of the events specified in Sections 3(a)(13(a)(i) or (2ii) 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 nonforfeitablenon-forfeitable.

Vesting of Stock Awards. If any of the events specified in Sections 3(a)(13(a)(i) or (2ii) 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 any of the events specified in Sections 3(a)(13(a)(i) or (2ii) 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.