Vesting Upon a Change in Control. In the event of a Change in Control, if the Participant is in in the continuous service of the Company or an Affiliate as any of a Director, an Employee or a Consultant as of immediately prior to the Change in Control, the Option shall become fully vested and exercisable immediately prior to the Change in Control.
Appears in 8 contracts
Samples: Nonqualified Stock Option Grant Agreement for Non Employee Directors (Arena Pharmaceuticals Inc), Nonqualified Stock Option Grant Agreement for Non Employee Directors (Arena Pharmaceuticals Inc), Nonqualified Stock Option Grant Agreement for Non Employee Directors (Arena Pharmaceuticals Inc)
