Double Trigger Accelerated Vesting Sample Clauses
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Double Trigger Accelerated Vesting. The vesting and exercisability of all unvested time-based vesting equity awards then held by you shall accelerate such that all shares become immediately vested and exercisable, if applicable, by you upon such termination and shall remain exercisable, if applicable, following your termination as set forth in the applicable equity award documents. With respect to any performance-based vesting equity award, such award shall continue to be governed in all respects by the terms of the applicable equity award documents.
Double Trigger Accelerated Vesting. Effective as of the later of Executive’s Change in Control Termination Date or the effective date of the Change in Control, the vesting and exercisability of all outstanding stock options and other stock awards covering the Company’s Common Stock that are held by Executive as of immediately prior to the Change in Control Termination Date, to the extent such awards are subject to time-based vesting requirements, shall be accelerated (and lapse, in the case of reacquisition or repurchase rights) in full. Executive’s stock options and stock awards shall remain outstanding following Executive’s Change in Control Termination Date if and to the extent necessary to give effect to this Section 5.3(d), subject to earlier termination under the terms of the equity plan under which such awards were granted and the original maximum term of the award (without regard to Executive’s termination).
Double Trigger Accelerated Vesting. Effective as of the later of Executive’s Change in Control Termination Date or the effective date of the Change in Control, in addition to any single trigger acceleration of the Initial Option that occurs as a result of the Change in Control pursuant to the vesting schedule of the Initial Option as described in Section 3.3(a), the vesting and exercisability of all outstanding stock options and other stock awards covering the Company’s Common Stock that are held by Executive as of immediately prior to the Change in Control Termination Date, to the extent such awards are subject to time-based vesting requirements, shall be accelerated (and lapse, in the case of reacquisition or repurchase rights) in full. Executive’s stock options and stock awards shall remain outstanding following Executive’s Change in Control Termination Date if and to the extent necessary to give effect to this Section 5.3(d), subject to earlier termination under the terms of the equity plan under which such awards were granted and the original maximum term of the award (without regard to Executive’s termination).
Double Trigger Accelerated Vesting. If within the twelve month period immediately following a Change in Control the Company either (i) terminates Executive without Cause, or (ii) Executive resigns for Good Reason, all Units that remain unvested as of the date of such termination shall be vested.