Common use of Equity Acceleration Clause in Contracts

Equity Acceleration. On the date of termination of Executive’s employment, Executive shall become fully vested in any and all equity awards outstanding as of the date of Executive’s termination and this provision shall supersede any option acceleration provision contained in any option agreement outstanding on the Effective Date.

Appears in 17 contracts

Samples: Executive Employment Agreement (Inhibrx, Inc.), Executive Employment Agreement (Inhibrx, Inc.), Executive Employment Agreement (Spero Therapeutics, Inc.)

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Equity Acceleration. On the date of termination of Executive’s employment, Executive shall become fully vested in any and all equity awards outstanding as of that would have vested during the date of Executive’s twelve (12) month period following the termination and this provision shall supersede any option acceleration provision contained in any option agreement outstanding on the Effective Datedate.

Appears in 11 contracts

Samples: Executive Employment Agreement (Inhibrx, Inc.), Executive Employment Agreement (Inhibrx, Inc.), Executive Employment Agreement (Inhibrx, Inc.)

Equity Acceleration. On the date of termination of Executive’s employment, Executive shall become fully vested in any and all equity awards outstanding as of the date of Executive’s termination and this provision shall supersede any option acceleration provision contained in any option agreement outstanding on the Effective Datetermination.

Appears in 7 contracts

Samples: Executive Employment Agreement (Ruthigen, Inc.), Executive Employment Agreement (Pulmatrix, Inc.), Executive Employment Agreement (Pulmatrix, Inc.)

Equity Acceleration. On the date of termination of Executive’s employment, Executive shall become fully vested in any and all outstanding equity awards outstanding as of that would have vested during the date of Executive’s nine (9) month period following the termination and this provision shall supersede any option acceleration provision contained in any option agreement outstanding on the Effective Datedate.

Appears in 2 contracts

Samples: Executive Employment Agreement (Pulmatrix, Inc.), Executive Employment Agreement (Pulmatrix, Inc.)

Equity Acceleration. On the date of termination of Executive’s employment, Executive shall become fully vested in any and all equity awards outstanding as of that would have vested during the date of Executive’s six (6) month period following the termination and this provision shall supersede any option acceleration provision contained in any option agreement outstanding on the Effective Datedate.

Appears in 2 contracts

Samples: Executive Employment Agreement (Inhibrx, Inc.), Executive Employment Agreement (Inhibrx, Inc.)

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Equity Acceleration. On the date of termination of Executive’s employment, Executive shall become fully vested in any and all equity awards outstanding as of the date of Executive’s termination and this provision shall supersede any option acceleration provision contained in any option agreement outstanding on the Effective Date. In addition, Executive’s time to exercise any equity interests shall be extended for twelve (12) months following the Termination Date.

Appears in 1 contract

Samples: Employment Agreement (Vascular Biogenics Ltd.)

Equity Acceleration. On the date of termination of Executive’s employment, Executive shall become fully vested in any and all equity awards outstanding as of the date of Executive’s termination termination, including but not limited to all such awards made under Section 3(d)(i), (ii) and (iii) of this provision shall supersede any option acceleration provision contained in any option agreement outstanding on the Effective DateAgreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Synta Pharmaceuticals Corp)

Equity Acceleration. On the date of termination of Executive’s employment, Executive shall become fully vested in any and all equity awards outstanding as of the date of Executive’s termination and this provision shall supersede any option acceleration provision contained in any option agreement outstanding on the Effective Dateeffective date of termination from employment.

Appears in 1 contract

Samples: Executive Employment Agreement (Spero Therapeutics, Inc.)

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