Common use of Acceleration of Exercisability of Option Clause in Contracts

Acceleration of Exercisability of Option. (a) This Option shall become immediately fully exercisable in the event that, prior to the termination of the Option pursuant to Section 6 hereof, and during the Optionee’s Continuous Service, there is a “Change in Control,” as defined in Section 9(b) of the Plan.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Casual Male Retail Group Inc), Non Qualified Stock Option Agreement (Satcon Technology Corp), Incentive Stock Option Agreement (Satcon Technology Corp)

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Acceleration of Exercisability of Option. (a) This Option shall become immediately fully vested and exercisable in the event that, prior to the termination of the Option pursuant to Section 6 hereof, and during the Optionee’s Continuous Service, there is a “Change in Control,” ”, as defined in Section 9(b) of the Plan, that occurs during the Optionee’s Continuous Service and such “Change in Control” was not approved by the Board of Directors of the Company.

Appears in 3 contracts

Samples: American Outdoor Brands, Inc., American Outdoor Brands, Inc., American Outdoor Brands, Inc.

Acceleration of Exercisability of Option. (a) This Option shall become immediately fully exercisable in the event that, prior to the termination of the Option pursuant to Section 6 5 hereof, and during the Optionee’s Continuous Service, there is a Change in Control. For purposes of this provision, a “Change in Control,as defined in Section 9(b) of the Plan.shall be deemed to occur upon:

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Quikbyte Software Inc), Nonqualified Stock Option Agreement (Quikbyte Software Inc)

Acceleration of Exercisability of Option. (a) This Option shall become immediately fully exercisable in the event that, prior to the termination of the Option pursuant to Section 6 7 hereof, and during the Optionee’s 's Continuous Service, there is a “Change in Control,” ”, as defined in Section 9(b) 9 of the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Answers CORP)

Acceleration of Exercisability of Option. (a) This Option shall become immediately fully exercisable in the event that, prior to the termination of the Option pursuant to Section 6 hereof, and during the Optionee’s 's Continuous Service, there is a “Change in Control,” ”, as defined in Section 9(b) 9 of the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Answers CORP)

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Acceleration of Exercisability of Option. (a) This Option shall become immediately fully exercisable in the event that, prior to the termination of the Option pursuant to Section 6 hereof, and during the Optionee’s Continuous Service, there is a "Change in Control,” ", as defined in Section 9(b8(b) of the Plan., that

Appears in 1 contract

Samples: Miracom Corp

Acceleration of Exercisability of Option. (a) This Option shall become immediately fully exercisable in the event that, prior to the termination of the Option pursuant to Section 6 hereof, and during the Optionee’s Continuous Service, there is a “Change in Control,” ”, as defined in Section 9(b) of the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Casual Male Retail Group Inc)

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