Common use of Acceleration of Vesting of Equity-Based Compensation Awards Clause in Contracts

Acceleration of Vesting of Equity-Based Compensation Awards. If the Employee's employment terminates within the eighteen (18) month period following a Change of Control, then, subject to Section 4 below, the exercisability of any equity-based compensation awards held by the Employee shall be as follows:

Appears in 2 contracts

Samples: Chief Executive Change of Control Agreement (Quantum Corp /De/), Officer Change of Control Agreement (Quantum Corp /De/)

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Acceleration of Vesting of Equity-Based Compensation Awards. If the Employee's ’s employment terminates within the eighteen (18) month period following a Change of Control, then, subject to Section 4 below, the exercisability of any equity-based compensation awards held by the Employee shall be as follows:

Appears in 2 contracts

Samples: Chief Executive Change of Control Agreement (Quantum Corp /De/), Officer Change of Control Agreement (Quantum Corp /De/)

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