Common use of Acceleration of Exercise Date Clause in Contracts

Acceleration of Exercise Date. If and to the extent the Option is not already exercisable, it shall become exercisable upon the occurrence of any of the following events: (a) The Participant's death while employed by the Employer; (b) the Participant's Disability (as defined in the Employment Agreement); (c) the Participant's termination of her employment for Good Reason (as defined in the Employment Agreement); (d) termination of the Participant's employment other than for Cause by the Employer (as defined in the Employment Agreement); (e) a Change of Control (as defined in the Employment Agreement) with respect to the Company or ADSX; or (f) the Company ceases to be a Subsidiary of ADSX.

Acceleration of Exercise Date. If and to the extent the Option is not already exercisable, it shall become exercisable upon the occurrence of any of the following events: (a) The Participant's death while employed by the Employer; (b) the Participant's Disability (as defined in the Employment Agreement); (c) the Participant's termination of her employment for Good Reason (as defined in the Employment Agreement); (d) termination of the Participant's employment other than for Cause by the Employer (as defined in the Employment Agreement);; or (e) a Change of Control (as defined in the Employment Agreement) with respect to the Company or ADSX; or (f) the Company ceases to be a Subsidiary of ADSX).