Vesting on Change of Control. Upon the occurrence of a Change of Control of Parent (as defined in the Parent’s 2008 Equity Incentive Plan), (i) all LTIP Benefits and Unvested Options, that have not previously been forfeited or paid, shall immediately vest and become due and payable or exercisable, as applicable and (ii) subject to Executive’s Involuntary Termination following the Change of Control, payment of any unpaid Retention Bonus.
Appears in 6 contracts
Samples: Employment Agreement (Third Wave Technologies Inc /Wi), Employment Agreement (Third Wave Technologies Inc /Wi), Employment Agreement (Third Wave Technologies Inc /Wi)
