Accelerated Vesting means the immediate vesting of all unvested equity awards granted to Executive under the Plans. However, any Accelerated Vesting that occurs other than in the context of a Change in Control will apply to unvested (A) performance awards on a prorated basis through the termination of employment, based on actual results evaluated after the close of the applicable performance period and payable in a lump sum at the same time as performance awards are paid to executives of the Company generally and (B) full value equity awards (e.g., restricted stock, restricted stock units and phantom units) and appreciation equity awards (e.g., non-qualified stock options and stock appreciation rights) only to the extent that such awards that would have vested if Executive’s employment had continued during a period equal to the lesser of six months following termination of employment or the balance of the Term.
Accelerated Vesting means the immediate vesting of all unvested equity awards granted under the Plan but only to the extent that the award would have vested if employment had continued during a period equal to the lesser of (A) six months following termination of employment or (B) the balance of the Term.
Accelerated Vesting means, for each equity award granted by the Company, or any successor to the Company, that is outstanding on the date of a Qualifying Termination and subject to (i) time-based vesting, the immediate vesting of all such time-based awards and (ii) performance-based vesting, the satisfaction of the applicable performance-based vesting condition assuming achievement at target and without reduction for any shortened performance period.
Examples of Accelerated Vesting in a sentence
Upon the occurrence of an Accelerated Vesting Event, all otherwise unvested Class B Units shall vest immediately prior to the effective date of such Accelerated Vesting Event.
AND SUBSIDIARY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(Continued) Accelerated Vesting During the fiscal 2000, the Company accelerated the vesting of options to several employees in connection with a severance package.
Accelerated Vesting on Disability [ ] Notwithstanding the foregoing, the Option shall become exercisable with respect to one-hundred percent (100%) of the Shares subject to the Option if the Participant becomes Disabled while still employed by the Company or any Affiliate.
Accelerated Vesting will only accelerate the Distribution Date if and to the extent permitted under Section 409A of the Internal Revenue Code (“Section 409A”).
The consequences of an Exit Event shall be as follows: • Accelerated Vesting: in case of an Exit Event, 100% of any active [an non-Leaving] Employee's unvested Shares shall immediately vest.
More Definitions of Accelerated Vesting
Accelerated Vesting means:
Accelerated Vesting means the vesting of all unvested equity awards granted to Executive under the Plans such that (A) performance awards will become vested on a prorated basis through the termination of employment, based on actual results evaluated after the close of the applicable performance period and payable in a lump sum at the same time as performance awards are paid to executives of the Company generally and (B) full value equity awards (e.g., restricted stock, restricted stock units and phantom units) and appreciation equity awards (e.g., non-qualified stock options and stock appreciation rights) will vest only to the extent that such awards that would have vested if Executive’s employment had continued during a period equal to the lesser of six months following termination of employment or the balance of the Term.
Accelerated Vesting means the acceleration of the exercisability of the Options in their entirety, effective as of the Termination Date, to the extent that such Options have not previously become exercisable pursuant to the terms thereof.
Accelerated Vesting means (A) the Executive’s Stock Options and Annual Equity Awards that vest solely on a time basis would completely vest and (B) the Executive’s Stock Options and Annual Equity Awards that vest based on the achievement of performance goals shall remain outstanding and eligible to vest (without proration) according to actual achievement of the applicable performance targets.
Accelerated Vesting means the immediate vesting of all unvested equity awards granted to Executive under the Plans. However, any Accelerated Vesting that occurs other than in the context of a Change in Control will apply to unvested (A) performance awards on a prorated basis through the termination of employment, based on actual results evaluated after the close
Accelerated Vesting. Pursuant to Section 4.1(b)(i), all of the 20% of the SARs remaining subject to Time Vesting becomes vested upon June 1, 1999. Pursuant to Section 4.1(b)(ii), two thirds of the 30% of the SARs remaining subject to Performance Vesting becomes vested upon June 1, 1999 as follows: Unexpired Performance Performance Vesting SARs that have vested ------------------------- ---------------- Vesting SARs X Performance Vesting SARs that would have vested if all targets met = 30% X 20% ------------ 30% = 20%. As of June 1, 1999, 50% + 20% + 20% = 90% of SARs vested.
Accelerated Vesting means the special vesting that would occur (with respect to the Company Options and Company RSUs held by you immediately prior to the Closing) under Your PCFV Agreement, assuming you were terminated without Cause or resigned with Good Reason immediately following a Change in Control in which such equity awards remained outstanding.