Common use of Accelerated Vesting of Equity Awards Clause in Contracts

Accelerated Vesting of Equity Awards. One hundred percent (100%) of Executive’s then-outstanding and unvested Equity Awards will become vested in full. If, however, an outstanding Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).

Appears in 34 contracts

Samples: Change of Control and Severance Agreement (CareDx, Inc.), Change of Control and Severance Agreement (Veracyte, Inc.), Change of Control and Severance Agreement (Veracyte, Inc.)

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Accelerated Vesting of Equity Awards. One hundred percent (100%) of Executive’s then-outstanding and unvested Equity Awards will become vested in full. If, however, an outstanding Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as stated therein or, if no such vesting is specified, to one hundred percent (100%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).

Appears in 6 contracts

Samples: Change of Control Severance Agreement (Cornerstone OnDemand Inc), Change of Control Severance Agreement (Cornerstone OnDemand Inc), Change of Control Severance Agreement (Cornerstone OnDemand Inc)

Accelerated Vesting of Equity Awards. One hundred Fifty percent (10050%) of Executive’s then-outstanding and unvested Equity Awards will become vested in full. If, however, an outstanding Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred fifty percent (10050%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).

Appears in 5 contracts

Samples: Change of Control and Severance Agreement (Veracyte, Inc.), Change of Control and Severance Agreement (Veracyte, Inc.), Change of Control and Severance Agreement (Veracyte, Inc.)

Accelerated Vesting of Equity Awards. One hundred percent (100%) % of Executive’s then-outstanding and unvested Equity Awards will become vested in full. If, however, an outstanding Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred percent (100%) % of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).

Appears in 4 contracts

Samples: Change in Control and Severance Agreement (On Deck Capital, Inc.), Change in Control and Severance Agreement (On Deck Capital Inc), Change in Control and Severance Agreement (On Deck Capital Inc)

Accelerated Vesting of Equity Awards. One Accelerated vesting as to one-hundred percent (100%) of the then unvested portion of all of Executive’s then-outstanding and unvested Equity Awards will become vested in fullCompany equity awards. If, however, an outstanding Equity Award Company equity award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the Equity Award Company equity award will vest as to one one-hundred percent (100%) of the amount of the Equity Award Company equity award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).

Appears in 3 contracts

Samples: Change in Control Severance Agreement (Iridex Corp), Change in Control Severance Agreement (Iridex Corp), Change in Control Severance Agreement (Iridex Corp)

Accelerated Vesting of Equity Awards. One hundred Seventy-five percent (10075%) of Executive’s then-outstanding and then unvested Equity Awards will become vested in fullfull and in the case of stock options and stock appreciation rights, will become exercisable. IfIn the case of Equity Awards with performance-based vesting, however, an outstanding all performance goals and other vesting criteria will be treated as set forth in Executive’s Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the agreement governing such Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s)Award.

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Linear Technology Corp /Ca/), Change of Control Severance Agreement (Linear Technology Corp /Ca/)

Accelerated Vesting of Equity Awards. One hundred percent (100%) of Executive’s 's then-outstanding and unvested Equity Awards will become vested in full. If, however, an outstanding Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).

Appears in 1 contract

Samples: Change of Control Severance Agreement (Cornerstone OnDemand Inc)

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Accelerated Vesting of Equity Awards. One hundred percent (100%) % of Executive’s then-outstanding then‑outstanding and unvested Equity Awards will become vested in full. If, however, an outstanding Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred percent (100%) % of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).

Appears in 1 contract

Samples: Change in Control and Severance Agreement (On Deck Capital, Inc.)

Accelerated Vesting of Equity Awards. One hundred percent (100%) of Executive’s then-outstanding and unvested Equity Awards will become vested in full. If, however, If an outstanding Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).. Cyan Sev & CoC Agt 4

Appears in 1 contract

Samples: Severance and Change in Control Agreement (Cyan Inc)

Accelerated Vesting of Equity Awards. One hundred Seventy-five percent (10075%) of Executive’s then-outstanding and 's then unvested Equity Awards will become vested in fullfull and in the case of stock options and stock appreciation rights, will become exercisable. IfIn the case of Equity Awards with performance-based vesting, however, an outstanding all performance goals and other vesting criteria will be treated as set forth in Executive's Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the agreement governing such Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s)Award.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Analog Devices Inc)

Accelerated Vesting of Equity Awards. One hundred percent (100%) of Executive’s then-outstanding and then unvested Equity Awards will become vested in fullfull and in the case of stock options and stock appreciation rights, will become exercisable. IfIn the case of Equity Awards with performance-based vesting, however, an outstanding all performance goals and other vesting criteria will be treated as set forth in Executive’s Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the agreement governing such Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s)Award.

Appears in 1 contract

Samples: Employment Agreement (Plantronics Inc /Ca/)

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