Double Trigger Acceleration. In the event that the Executive’s employment with the Company is terminated by the Company (or its successor) without Cause (as defined below) or by the Executive for Good Reason (as defined below) on account of or within twelve (12) months following the date of the consummation of a Change in Control (as defined below) (such period, the “Double-Trigger Period”), the vesting and exercisability of each of the Executive’s outstanding stock awards (including any stock options, restricted stock or other awards granted to the Executive by the Company) shall be automatically accelerated in full.
Appears in 6 contracts
Samples: Employment Agreement (Aratana Therapeutics, Inc.), Employment Agreement (Aratana Therapeutics, Inc.), Employment Agreement (Aratana Therapeutics, Inc.)
