Examples of Acceleration Period in a sentence
Notwithstanding the vesting schedule stated in Section 2.02, to the extent any Eligible Shares have not yet vested per the schedule stated in Section 2.02, and to the extent the Eligible Shares have not been forfeited or otherwise canceled pursuant to the terms of the Plan, all unvested Eligible Shares shall automatically vest at the close of business on the last date of the Acceleration Period.
In the event an Earn-Out Acceleration Notice has not been delivered prior to the conclusion of the Earn-Out Acceleration Period, Seller Representative, on behalf of the Sellers, will be deemed to have elected not to exercise the Earn-Out Acceleration.
One of future implications of those results may be obtaining more advanced optical QKD layer, which could be more independent from actual electronics.
Once the Acceleration Period has started, such Services will be provided over the course of three months.
For the avoidance of doubt, such accelerated vesting is a benefit in addition to and not in lieu of the accelerated vesting set forth in Paragraph 3(a) above (i.e., if Participant is terminated without Cause or for Good Reason prior to the two year anniversary of the Start Date but after the Applicable Acceleration Period, then Participant shall receive the greater acceleration benefit set forth in Paragraph 3(a)).