Common use of Upon a Change of Control Clause in Contracts

Upon a Change of Control. (i) If a Change of Control occurs on the date of such Change in Control, fifty-percent (50%) of any stock options previously granted to the Executive that are outstanding and unvested as of that date shall become vested and exercisable, provided that the Executive is employed by the Company on the date of such Change in Control.

Upon a Change of Control. (i) If a Change of Control occurs on the date of such Change in Control, fifty-percent (50%) of any outstanding unvested stock options previously granted to the Executive that are outstanding and unvested as of that date shall become vested and exercisable, provided that the Executive is employed by the Company on the date of such Change in Control.

Upon a Change of Control. (i) If a Change of Control occurs occurs, on the date of such Change in Control, fifty-percent (50%) of any outstanding unvested stock options previously granted to the Executive that are outstanding and unvested as of that date shall become vested and exercisable, provided that the Executive is employed by the Company on the date of such Change in Control.