Acceleration of Options; Change of Control. If the Company terminates Executive’s employment with the Company without Cause, or Executive resigns for Good Reason, in either case within three (3) months prior to, or twelve (12) months following the closing of a Change of Control (as defined below), then in addition to the benefits set forth in Section 6.1 and pursuant to the terms of Section 5.7, the Company will fully accelerate the vesting of any equity interests granted to Executive, such that 100% of the then-unvested shares subject to such equity interests will be deemed vested and exercisable as of Executive’s last day of employment.
Appears in 7 contracts
Samples: Employment Agreement (In8bio, Inc.), Employment Agreement (In8bio, Inc.), Employment Agreement (In8bio, Inc.)
Acceleration of Options; Change of Control. If the Company terminates Executive’s employment with the Company without Cause, or Executive resigns for Good Reason, in either case within three (3) months prior to, or twelve twenty-four (1224) months following the closing of a Change of Control (as defined below), then in addition to the benefits set forth in Section 6.1 7.1 and pursuant to the terms of Section 5.76, the Company will fully accelerate the vesting of the Options and the RSU, as well as any other equity interests granted to Executive, such that 100% of the then-unvested shares subject to such the Options and the RSU (or other equity interests interests) will be deemed vested and exercisable as of Executive’s last day of employment.
Appears in 2 contracts
Samples: Executive Employment Agreement (UroGen Pharma Ltd.), Executive Employment Agreement (UroGen Pharma Ltd.)
Acceleration of Options; Change of Control. If the Company terminates Executive’s employment with the Company without Cause, or Executive resigns for Good Reason, in either case within three (3) months prior to, or twelve (12) months following the closing of a Change of Control (as defined below), then in addition to the benefits set forth in Section 6.1 and pursuant to the terms of Section 5.7, the Company will fully accelerate the vesting of any equity interests granted to Executive, such that 100% of the then-unvested shares subject to such equity interests will be deemed vested and exercisable as of Executive’s last day of employment.5
Appears in 1 contract
Samples: Employment Agreement (In8bio, Inc.)
