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 (Arena Pharmaceuticals Inc), Nonqualified Stock Option Grant Agreement (Arena Pharmaceuticals Inc), Nonqualified Stock Option Grant Agreement (Arena Pharmaceuticals Inc)