Accelerated Vesting. (a) On the Termination Date, stock options for the purchase of the Company’s securities held by you as of the Termination Date and not then exercisable shall immediately become exercisable in full. The options to which this accelerated vesting applies shall remain exercisable until the earlier of (a) the end of the 90-day period immediately following the later of (i) the Termination Date or (ii) the date of the Change of Control and (b) the date the stock option(s) would otherwise expire; and
Appears in 11 contracts
Samples: Vertex Pharmaceuticals Inc / Ma, Vertex Pharmaceuticals Inc / Ma, Vertex Pharmaceuticals Inc / Ma
Accelerated Vesting. (a) On the Termination Date, stock Stock options for the purchase of the Company’s 's securities held by you as of the Termination Date and not then exercisable shall immediately become exercisable in full. The options to which this accelerated vesting applies shall remain exercisable until the earlier of (a) the end of the 90-day period immediately following the later of (i) the Termination Date or (ii) the date of the Change of Control and (b) the date the stock option(s) would otherwise expire; and
Appears in 5 contracts
Samples: Change of Control Agreement (Vertex Pharmaceuticals Inc / Ma), Vertex Pharmaceuticals Inc / Ma, Vertex Pharmaceuticals Inc / Ma
Accelerated Vesting. (a) On the Termination Date, stock Stock options for the purchase of the Company’s securities held by you as of the Termination Date and not then exercisable shall immediately become exercisable in full. The options to which this accelerated vesting applies shall remain exercisable until the earlier of (a) the end of the 90-day period immediately following the later of (i) the Termination Date or (ii) the date of the Change of Control and (b) the date the stock option(s) would otherwise expire; and
Appears in 4 contracts
Samples: Vertex Pharmaceuticals Inc / Ma, Vertex Pharmaceuticals Inc / Ma, Vertex Pharmaceuticals Inc / Ma
Accelerated Vesting. (a) On the Termination Date, stock Stock options for the purchase of the Company’s 's securities held by you as of the Termination Date and not then exercisable shall immediately become be deemed to have been held by you for an additional 18 months, for purposes of calculating the number of options which are exercisable in fullon the Termination Date. The options to which this accelerated vesting applies shall remain exercisable until the earlier of (a) the end of the 90-day period immediately following the later of (i) the Termination Date Date, or (ii) the date of the Change of Control and (b) the date the stock option(s) would otherwise expire; and
Appears in 2 contracts
Samples: Vertex Pharmaceuticals Inc / Ma, Vertex Pharmaceuticals Inc / Ma
Accelerated Vesting. (a) On the Termination Date, stock Stock options for the purchase of the Company’s 's securities held by you as of the Termination Date and not then exercisable shall immediately become be deemed to have been held by you for an additional 18-months, for purposes of calculating the number of options which are exercisable in fullon the Termination Date. The options to which this accelerated vesting applies shall remain exercisable until the earlier of (a) the end of the 90-day period immediately following the later of (i) the Termination Date Date, or (ii) the date of the Change of Control and (b) the date the stock option(s) would otherwise expire; and.
Appears in 1 contract
Samples: Vertex Pharmaceuticals Inc / Ma
Accelerated Vesting. (a) On the Termination Date, stock options for the purchase of the Company’s securities held by you as of the Termination Date and not then vested and exercisable shall immediately become vested and exercisable in full. The options to which this accelerated vesting applies shall remain exercisable until the earlier of (a) the end of the 90-day period immediately following the later of (i) the Termination Date or (ii) the date of the Change of Control and (b) the date the stock option(s) would otherwise expire; and
Appears in 1 contract
Samples: Vertex Pharmaceuticals Inc / Ma
Accelerated Vesting. (a) On the Termination Date, stock options for the purchase of the Company’s securities held by you as of the Termination Date and not then vested and exercisable shall immediately become vested and exercisable in full. The options to which this July 24, 2019 accelerated vesting applies shall remain exercisable until the earlier of (a) the end of the 90-day period immediately following the later of (i) the Termination Date or (ii) the date of the Change of Control and (b) the date the stock option(s) would otherwise expire; and
Appears in 1 contract
Samples: Vertex Pharmaceuticals Inc / Ma
Accelerated Vesting. (a) On the Termination Date, stock Stock options for the purchase of the Company’s 's securities held by you as of the Termination Date and not then exercisable shall immediately become exercisable in full. The options to which this accelerated vesting applies shall remain exercisable until the earlier of (a) the end of the 90-day period immediately following the later of (i) the Termination Date or (ii) the date of the Change of Control and or (b) the date the stock option(s) would otherwise expire; and
Appears in 1 contract
Samples: Vertex Pharmaceuticals Inc / Ma
Accelerated Vesting. (a) On the Termination Date, stock options for the purchase of the Company’s securities held by you as of the Termination Date and not then exercisable shall immediately become exercisable in full. The options to which this accelerated vesting applies shall remain exercisable until the earlier of (a) the end of the 90-day period immediately following the later of (i) the Termination Date or (ii) the date of the Change of Control and or (b) the date the stock option(s) would otherwise expire; and
Appears in 1 contract
Samples: Vertex Pharmaceuticals Inc / Ma
Accelerated Vesting. (a) On the Termination Date, stock Stock options for the purchase of the Company’s securities held by you as of the Termination Date and not then exercisable shall immediately become exercisable in full. The options to which this accelerated vesting applies shall remain exercisable until the earlier of (a) the end of the 90-day period immediately following the later of (i) the Termination Date or (ii) the date of the Change of Control and or (b) the date the stock option(s) would otherwise expire; and
Appears in 1 contract
Samples: Vertex Pharmaceuticals Inc / Ma