Common use of Change of Control Acceleration Clause in Contracts

Change of Control Acceleration. In the event of a Change of Control, the vesting and/or exercisability of fifty percent (50%) of Executive’s then-outstanding unvested Stock Awards shall be automatically accelerated immediately prior to the effective date of such Change of Control.

Appears in 3 contracts

Samples: Executive Severance Benefits Agreement (Sunesis Pharmaceuticals Inc), Executive Severance Benefits Agreement (Sunesis Pharmaceuticals Inc), Executive Severance Benefits Agreement (Sunesis Pharmaceuticals Inc)

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Change of Control Acceleration. In the event of a Change of Control, the vesting and/or exercisability of fifty percent (50%) of Executive’s then-outstanding and unvested Stock Awards shall be automatically accelerated immediately prior to the effective date of such Change of Control.

Appears in 1 contract

Samples: Executive Severance Benefits Agreement (Sunesis Pharmaceuticals Inc)

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Change of Control Acceleration. In the event of a Change of Control, the vesting and/or exercisability of fifty percent (50%) of Executive’s then-outstanding unvested Stock Awards shall be automatically accelerated immediately prior to the effective date of such Change of Control.

Appears in 1 contract

Samples: Executive Severance Benefits Agreement (Sunesis Pharmaceuticals Inc)

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