Common use of Equity Acceleration Clause in Contracts

Equity Acceleration. Full acceleration as of the date of termination of vesting of any and all equity awards outstanding immediately prior to termination.

Appears in 8 contracts

Sources: Severance and Change of Control Agreement (Synta Pharmaceuticals Corp), Severance and Change of Control Agreement (Synta Pharmaceuticals Corp), Severance and Change of Control Agreement (Synta Pharmaceuticals Corp)

Equity Acceleration. Full acceleration as of the date of termination of vesting of any and all equity awards outstanding immediately prior to termination. Treatment of any performance-based equity awards will be determined pursuant to the terms of the applicable award agreements.

Appears in 4 contracts

Sources: Severance and Change of Control Agreement (Madrigal Pharmaceuticals, Inc.), Severance and Change of Control Agreement (Madrigal Pharmaceuticals, Inc.), Severance and Change of Control Agreement (Madrigal Pharmaceuticals, Inc.)