Common use of Acceleration; Post-termination Exercise Period Clause in Contracts

Acceleration; Post-termination Exercise Period. Exhibit A sets forth each stock option and restricted stock unit award you previously have been granted (each, an “Award”). The vesting and exercisability of each Award will accelerate as if you had continued in service with the Company for an additional twelve (12) months and the vested Awards shall be released within thirty (30) days of the Release Confirmation Date. Exhibit A sets forth the total shares vested (including accelerated shares) for each Award. To the extent an option is intended to qualify as an incentive stock option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended, it will convert from an incentive stock option to a nonstatutory stock option as of the Effective Date, and you will solely be responsible for any tax advice or consequences that result from that conversion. You will have a one (1) year post termination exercise period, provided that you may exercise no later than the final expiration date of the option if earlier than one (1) year from your Separation Date. Except as set forth herein, your rights concerning each Award will continue to be governed by the applicable agreements for such Award, and because you have been previously identified as an “Access Person” for purposes of compliance with the Company’s Policy Prohibiting Xxxxxxx Xxxxxxx, if the trading blackout window is closed as of the Separation Date, then you shall remain subject to such trading blackout window until it otherwise opens for “Access Persons”.

Acceleration; Post-termination Exercise Period. Exhibit A sets forth each stock option and restricted stock unit award you previously have been granted (each, an “Award”). The vesting and exercisability of each Award will accelerate as if you had continued in service with the Company for an additional twelve six (126) months and the vested Awards shall be released within thirty (30) days of the Release Confirmation Date. Exhibit A sets forth the total shares vested (including accelerated shares) for each Award. To the extent an option is intended to qualify as an incentive stock option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended, it will convert from an incentive stock option to a nonstatutory stock option as of the Effective Date, and you will solely be responsible for any tax advice or consequences that result from that conversion. You will have a one four (14) year post termination months following the Separation Date to exercise periodsuch options, provided that you may exercise no later than the final expiration date of the option if earlier than one four (14) year months from your Separation Date. Except as set forth herein, your rights concerning each Award will continue to be governed by the applicable agreements for such Award, and because you have been previously identified as an “Access Person” for purposes of compliance with the Company’s Policy Prohibiting Xxxxxxx Xxxxxxx, if the trading blackout window is closed as of the Separation Date, then you shall remain subject to such trading blackout window until it otherwise opens for “Access Persons”.

Acceleration; Post-termination Exercise Period. Exhibit A sets forth each stock option and restricted stock unit award you previously have been granted (each, an “Award”). The vesting and exercisability of each Award will accelerate as if you had continued in service with the Company for an additional twelve three (123) months and the vested Awards shall be released within thirty (30) days of the Release Confirmation Date. Exhibit A sets forth the total shares vested (including accelerated shares) for each Award. To the extent an option is intended to qualify as an incentive stock option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended, it will convert from an incentive stock option to a nonstatutory stock option as of the Effective Date, and you will solely be responsible for any tax advice or consequences that result from that conversion. You will have a one six (16) year post termination months following the Separation Date to exercise periodsuch options, provided that you may exercise no later than the final expiration date of the option if earlier than one six (16) year months from your Separation Date. Except as set forth herein, your rights concerning each Award will continue to be governed by the applicable agreements for such Award, and because you have been previously identified as an “Access Person” for purposes of compliance with the Company’s Policy Prohibiting Xxxxxxx Xxxxxxx, if the trading blackout window is closed as of the Separation Date, then you shall remain subject to such trading blackout window until it otherwise opens for “Access Persons”.

Acceleration; Post-termination Exercise Period. Exhibit A sets forth each stock option option, restricted stock unit and restricted market stock unit award you previously have been granted (each, an “Award”). The Upon the effectiveness of the Reaffirmation, the vesting and exercisability of each Award will accelerate as if you had continued in service with the Company for an additional twelve six (126) months and the vested Awards shall be released within thirty (30) days of the Release Confirmation Date; provided however that with respect to your market stock unit award, the parties hereby agree that, consistent with the terms of the Award and the Change in Control Agreement, performance for the 1-Year Performance Period Earned Units (as defined in the Notice of Grant of Award of Market Stock Units(the “MSU Grant Notice”)) is measured through the Transition Date and the Performance Multiplier (as defined in the MSU Grant Notice) as of the Transition Date is equal to 30.5%, resulting in the vesting and settlement of 4,066 shares. Exhibit A sets forth the total shares vested (including accelerated shares) for each Award. To the extent an option is intended to qualify as an incentive stock option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended, it will convert from an incentive stock option to a nonstatutory stock option as of the Effective Date, and you will solely be responsible for any tax advice or consequences that result from that conversion. You will have a one three (13) year post termination months following the Separation Date to exercise periodyour stock options, provided that you may exercise no later than the final expiration date of the option if earlier than one three (13) year months from your Separation Date. Except as set forth herein, your rights concerning each Award will continue to be governed by the applicable agreements for such Award, and because you have been previously identified as an “Access Person” for purposes of compliance with the Company’s Policy Prohibiting Xxxxxxx Xxxxxxx, if the trading blackout window is closed as of the Separation Date, then you shall remain subject to such trading blackout window until it otherwise opens for “Access Persons”.