Change in Control Provision. Upon execution of this agreement, any unvested stock options shall accelerate vesting and all shall vest upon a change in control of the Company via the sale of 50.1% or more of the voting stock of the Company to an unaffiliated party or the sale of 50.1% or more of the voting stock of Zest Labs, Inc. to an unaffiliated party.
Appears in 2 contracts
Sources: Employment Agreement (Enviro Technologies U.S., Inc.), Employment Agreement (Ecoark Holdings, Inc.)