Common use of Acceleration of Equity Awards Clause in Contracts

Acceleration of Equity Awards. Executive shall become vested with respect to one hundred percent (100%) of the unvested portion of any options to purchase the Corporation’s capital stock that Executive then holds and the restrictions with respect to one hundred percent (100%) of any restricted share award, restricted stock unit award or other equity award with regard to the Corporations’ capital stock that Executive then holds shall immediately lapse.

Appears in 3 contracts

Samples: Retention Agreement (Hansen Medical Inc), Retention Agreement (Hansen Medical Inc), Retention Agreement (Hansen Medical Inc)

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Acceleration of Equity Awards. Executive shall immediately become vested with respect to one hundred percent (100%) of the unvested portion of any options to purchase the Corporation’s capital stock that Executive then holds and the restrictions with respect to one hundred percent (100%) of any the restricted share award, restricted stock unit award shares or other equity award awards with regard to the Corporations’ Corporation’s capital stock that Executive then holds shall immediately lapse.

Appears in 2 contracts

Samples: Retention Agreement (Hansen Medical Inc), Retention Agreement (Hansen Medical Inc)

Acceleration of Equity Awards. Executive shall become vested with respect to one hundred percent (100%) of the unvested portion of any options to purchase the Corporation’s capital stock that Executive then holds and the restrictions with respect to one hundred percent (100%) of any restricted share awardstock, restricted stock unit award or other equity award with regard to the Corporations’ Corporation’s capital stock that Executive then holds shall immediately lapse.

Appears in 1 contract

Samples: Retention Agreement (Hansen Medical Inc)

Acceleration of Equity Awards. Executive shall immediately become vested with respect to one hundred percent (100%) of the unvested portion of any options to purchase the Corporation’s capital stock that Executive then holds (including, without limitation, the option described in Section 12 of this Agreement) and the restrictions with respect to one hundred percent (100%) of any the restricted share award, restricted stock unit award shares or other equity award awards with regard to the Corporations’ Corporation’s capital stock that Executive then holds shall immediately lapse.

Appears in 1 contract

Samples: Retention Agreement (Hansen Medical Inc)

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Acceleration of Equity Awards. Executive shall immediately become vested with respect to one hundred percent (100%) of the unvested portion of any options to purchase the Corporation’s capital stock that Executive then holds and and/or the restrictions with respect to one hundred percent (100%) of any the restricted share award, restricted stock unit award shares or other equity award awards with regard to the Corporations’ Corporation’s capital stock that Executive then holds shall immediately lapse.

Appears in 1 contract

Samples: Retention Agreement (Hansen Medical Inc)

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