Examples of Accelerated Equity Vesting in a sentence
Notwithstanding anything in this Award Agreement to the contrary, the Accelerated Equity Vesting shall not be provided until the first practicable date following the date the Waiver and Release is executed and no longer subject to revocation; provided, that if the period during which the Participant has discretion to execute or revoke the Waiver and Release straddles two calendar years, then the Accelerated Equity Vesting shall be provided in the second calendar year.
Upon a Change in Control, 100% of all unvested stock options and/or restricted shares held by Executive shall immediately vest (the "Accelerated Equity Vesting").
If, during the Compensation Period, your employment terminates as a result of your death or Disability, the Company will pay your Accrued Compensation and Accrued Bonus and will provide Accelerated Equity Vesting and your Other Benefits and Welfare Benefits.
If the requirements of this Section 8 are not satisfied by the Participant (or the Participant’s estate or legally appointed personal representative), then no Accelerated Equity Vesting shall be due to the Participant (or the Participant’s estate).
For clarity, except as set forth herein, this Amendment does not supersede or modify any provision governing the treatment of Executive’s equity interests or rights to acquire equity interests following the termination of Executive’s employment and the Accelerated Equity Vesting shall in no way limit any terms providing for accelerated vesting in any applicable award agreement.
Accelerated Equity Vesting Upon Termination or Change of Control The table below shows the potential value of accelerated vesting of outstanding equity awards held by our NEOs, other than Mr. Hagerty and Ms. Huser, had their employment terminated on April 3, 2021, within 24 months of a Change in Control.
If the requirements of this Section 8 are not satisfied by the Participant (or the Participant's estate or legally appointed personal representative), then no Accelerated Equity Vesting shall be due to the Participant (or the Participant's estate).