ACCELERATION OF STOCK OPTION VESTING. Notwithstanding the language in Executive's option agreement(s) or any other language to the contrary, the vesting of Executive's stock option(s) shall accelerate and immediately become vested and exercisable with respect to all of those option shares which otherwise would not be vested and exercisable on the date of Executive's Covered Termination.
ACCELERATION OF STOCK OPTION VESTING. Immediately upon the Effective Date, the vesting of outstanding and unvested stock options previously granted to Executive will automatically be accelerated in accordance with the provisions of this Section. A number of shares equal to one-half (1/2) of the unvested shares underlying each such stock option grant will become immediately vested and fully exercisable at any time during the remaining term of the applicable option.
ACCELERATION OF STOCK OPTION VESTING. The portion of Executive's stock options that would have vested on or before the date twelve (12) months from the occurrence of the Covered Termination shall accelerate and immediately become vested and exercisable. Notwithstanding the foregoing, if the Change of Control was a transaction that was accounted for as a pooling of interests for financial reporting purposes, then the unvested portion of such stock options shall not accelerate unless the Company receives reasonable assurances from the Company's independent public accountants (and from the acquiring party's independent public accountants) that in their good faith judgement such acceleration will not adversely affect the pooling of interests accounting treatment of such Change of Control transaction.
ACCELERATION OF STOCK OPTION VESTING. The Executive's stock options would vest at 100% from the occurrence of the Covered Termination and shall accelerate and immediately become vested and exercisable. Notwithstanding the foregoing, if the Change of Control was a transaction that was accounted for as a pooling of interests for financial reporting purposes, then the unvested portion of such stock options shall not accelerate unless the Company receives reasonable assurances from the Company's independent public accountants (and from the acquiring party's independent public accountants) that in their good faith judgement such acceleration will not adversely affect the pooling of interests accounting treatment of such Change of Control transaction.
ACCELERATION OF STOCK OPTION VESTING. Upon a Change in Control or the Retirement of the Executive, the Company shall cause the vesting of any stock options with regard to stock of the Company or its affiliates held by the Executive to be accelerated to the Change in Control Date or the date of Retirement, as applicable. The Executive shall be entitled to give notice of exercise of all such options for 30 days after the Change in Control Date or the date of Retirement or such longer period permitted under the original documents granting such options.
ACCELERATION OF STOCK OPTION VESTING. If Executive’s employment is terminated by the Company without Cause or terminated by reason of a Constructive Termination prior to the occurrence of a Change of Control, Executive shall receive immediate acceleration of vesting of any then outstanding stock options or restricted stock of the Company as to those shares that would otherwise be vested on the date which is one year from the date of such termination.
ACCELERATION OF STOCK OPTION VESTING. In any of the Company's stock ------------------------------------- option plans or in any stock option Agreement between the Company and you, upon a Change of Control all stock options then held by you shall vest concurrently with such Change of Control.
ACCELERATION OF STOCK OPTION VESTING. The Option shall provide that, in the event of Executive’s voluntarily resignation for Good Reason or the termination by the Company of Executive’s employment other than for Cause within twelve (12) months following a Change in Control (such resignation or termination a “CIC Termination”), the Option shall accelerate in part as follows: (A) if the CIC Termination occurs prior to the second anniversary of the Vesting Commencement Date, the Option shall accelerate to the extent to make the Option fifty percent (50%) vested as of the CIC Termination; (B) if the CIC Termination occurs prior to the third anniversary of the Vesting Commencement Date, the Option shall accelerate to the extent to make the Option seventy-five percent (75%) vested as of the CIC Termination; and (C) if the CIC Termination occurs prior to the fourth anniversary of the Vesting Commencement Date, the Option shall accelerate to the extent to make the Option one hundred percent (100%) vested as of the CIC Termination.
ACCELERATION OF STOCK OPTION VESTING. Upon satisfaction by Employee ------------------------------------- of all his obligations under this Agreement, Employer shall accelerate Employee's vesting in an option to purchase 100,000 shares of TCSI stock granted to Employee as part of a Non-Qualified Stock Option to purchase 750,000 shares of TCSI effective August 7, 2000. The accelerated option vesting under this Agreement shall be governed by the terms and conditions of TCSI Corporation's 1991 Stock Incentive Plan, as amended, and the applicable Notice of Grant of Stock Option & Option Agreement, effective August 7, 2000, as amended.
ACCELERATION OF STOCK OPTION VESTING. The Company agrees to accelerate the vesting schedule of the stock option granted to you on June 8, 2004 under the Company’s 1997 Stock Option Incentive Plan, as amended, such that the option to purchase fifty thousand (50,000) shares of the Company’s common stock shall be fully vested on the eighth (8th) day after your execution and return of this letter agreement (the “Vesting Date”). You will have up to 90 days after the Vesting Date to exercise such shares as provided for by the plan and the stock option agreement issued to you pursuant to the plan.
