Common use of Acceleration of Vesting Clause in Contracts

Acceleration of Vesting. All stock, stock options, restricted stock awards, long term incentive plan benefits and any other equity awards or benefits that are subject to vesting based upon the continued employment of the Executive shall automatically become vested, unrestricted and/or exercisable, as the case may be.

Appears in 11 contracts

Samples: Executive Employment Agreement (TransCoastal Corp), Executive Employment Agreement (TransCoastal Corp), Executive Employment Agreement (TransCoastal Corp)

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Acceleration of Vesting. All stock, stock options, restricted stock awards, long term incentive plan benefits and any other equity awards or benefits that are subject to vesting based upon the continued employment of the Executive shall automatically become vested, unrestricted and/or exercisable, as the case may be.

Appears in 3 contracts

Samples: Employment Agreement (Kaydon Corp), Employment Agreement (Kaydon Corp), Employment Agreement (Kaydon Corp)

Acceleration of Vesting. All stock, stock options, restricted stock awards, long term incentive plan benefits and any other equity awards or benefits that are subject to vesting based upon the continued employment of the Executive Officer shall automatically become vested, unrestricted and/or exercisable, as the case may be.

Appears in 1 contract

Samples: Officer Employment Agreement (TransCoastal Corp)

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Acceleration of Vesting. All Upon a Change in Control, all stock, stock options, restricted stock awards, long term incentive plan benefits and any other equity awards or benefits that are subject to vesting based upon the continued employment of the Executive shall automatically become vested, unrestricted and/or exercisable, as the case may beapplicable.

Appears in 1 contract

Samples: Executive Employment Agreement (Baltia Air Lines Inc)

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