Common use of Equity Awards Clause in Contracts

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-hundred percent (100%) of the unvested shares of Company common stock subject to such equity award.

Appears in 16 contracts

Samples: Change in Control and Severance Agreement (Avalanche Biotechnologies, Inc.), Change in Control and Severance Agreement (Adverum Biotechnologies, Inc.), Change in Control and Severance Agreement (Adverum Biotechnologies, Inc.)

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Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-one hundred percent (100%) of the unvested shares subject thereto. To the extent vested after giving effect to the acceleration provided in the preceding sentence, each stock option held by Executive shall remain exercisable until the earlier of Company common the original expiration date for such stock subject to such equity awardoption or the first anniversary of Executive’s Covered Termination.

Appears in 14 contracts

Samples: Control Severance Agreement (Ardelyx, Inc.), Change in Control Severance Agreement (Ardelyx, Inc.), Change in Control Severance Agreement (Ardelyx, Inc.)

Equity Awards. Each outstanding and unvested equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-one hundred percent (100%) of the that number of unvested shares underlying Executive’s equity awards as of Company common stock subject to such equity awardthe Termination Date.

Appears in 13 contracts

Samples: Change in Control Severance Agreement (Nevro Corp), Change in Control Severance Agreement (Nevro Corp), Change in Control Severance Agreement (Nevro Corp)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-one hundred percent (100%) of the then-unvested shares of Company common stock subject to such equity awardoutstanding award effective as of immediately prior to such termination date.

Appears in 10 contracts

Samples: Employment Agreement (Relypsa Inc), Employment Agreement (Relypsa Inc), Employment Agreement (Relypsa Inc)

Equity Awards. Each outstanding and unvested equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-one hundred percent (100%) of the unvested shares underlying Executive’s equity awards as of Company common stock subject to such equity awardthe Termination Date.

Appears in 7 contracts

Samples: Control Severance Agreement (Corvus Pharmaceuticals, Inc.), Change in Control Severance Agreement (Achaogen Inc), Change in Control Severance Agreement (Corvus Pharmaceuticals, Inc.)

Equity Awards. Each outstanding and unvested equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-hundred percent that number of shares that would have vested during the nine (100%9) of month period immediately following the unvested shares of Termination Date had Executive’s employment with the Company common stock subject to continued during such equity awardperiod.

Appears in 5 contracts

Samples: Change in Control Severance Agreement (Corvus Pharmaceuticals, Inc.), Change in Control Severance Agreement (Corvus Pharmaceuticals, Inc.), Change in Control Severance Agreement (Corvus Pharmaceuticals, Inc.)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, then-held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-hundred percent (100%) all of the unvested shares of Company common stock subject to such equity award.

Appears in 5 contracts

Samples: Change in Control and Severance Agreement (Intermolecular Inc), Change in Control and Severance Agreement (Intermolecular Inc), Change in Control and Severance Agreement (Intermolecular Inc)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option option, restricted stock unit and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-one hundred percent (100%) of the then-unvested shares of Company common stock subject to such equity awardoutstanding award effective as of immediately prior to such termination date.

Appears in 4 contracts

Samples: Employment Agreement (Nevro Corp), Employment Agreement (Nevro Corp), Employment Agreement (Nevro Corp)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-one hundred percent (100%) of the unvested shares of Company common stock subject to such equity awardthereto.

Appears in 3 contracts

Samples: Change in Control and Severance Agreement (Sarepta Therapeutics, Inc.), Change in Control and Severance Agreement (Sarepta Therapeutics, Inc.), Change in Control and Severance Agreement (Sarepta Therapeutics, Inc.)

Equity Awards. Each outstanding and unvested equity award, including, without limitation, each stock option and restricted stock unit award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-one hundred percent (100%) of the that number of unvested shares underlying Executive’s equity awards as of Company common stock subject to such equity awardthe Termination Date.

Appears in 3 contracts

Samples: Change in Control Severance Agreement (Nevro Corp), Change in Control Severance Agreement (Nevro Corp), Change in Control Severance Agreement (Nevro Corp)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-one hundred percent (100%) of the unvested shares subject thereto and, to the extent applicable, the exercisability of Company common stock subject to such equity awardaward shall be extended to the end of the original term thereof.

Appears in 2 contracts

Samples: Change in Control Severance Agreement (Ellie Mae Inc), Control Severance Agreement (Ellie Mae Inc)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-hundred percent (100%) of the unvested shares of Company common stock subject to such equity award.

Appears in 2 contracts

Samples: Employment Agreement (Marika Inc.), Employment Agreement (Pieris Pharmaceuticals, Inc.)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-one hundred percent (100%) of the then-unvested shares of Company common stock subject to such equity awardoutstanding award effective as of immediately prior to such the date of termination of Executive’s employment.

Appears in 2 contracts

Samples: Employment Agreement (Venus Concept Inc.), Employment Agreement (Venus Concept Inc.)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable (except as provided in Section 2(c) hereof) and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, lapse with respect to one-hundred percent (100%) 50% of the then unvested shares of Company common stock subject to such equity awardawards.

Appears in 1 contract

Samples: Employment Agreement (Pieris Pharmaceuticals, Inc.)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-hundred percent (100%) that number of the unvested shares of Company common stock subject to such equity awardaward that otherwise would have vested had Executive’s employment with the Company continued for twelve (12) months following the date of Executive’s termination of employment.

Appears in 1 contract

Samples: Change of Control and Severance Agreement (Hyperion Therapeutics Inc)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable (except as provided in Section 2(c) hereof) and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-hundred percent (100%) of the unvested shares of Company common stock subject to such equity award.

Appears in 1 contract

Samples: Employment Agreement (Pieris Pharmaceuticals, Inc.)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, lapse with respect to oneseventy-hundred five percent (10075%) of the then unvested shares equity awards as of Company common stock the date the Release of Claims becomes effective and irrevocable; provided, however, that if the equity award is subject to Section 409A and payable upon vesting, payment of such equity awardaward shall be made on the date set forth in Section 10(a) hereof.

Appears in 1 contract

Samples: Employment Agreement (Pieris Pharmaceuticals, Inc.)

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Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, lapse with respect to oneseventy-hundred five percent (10075%) of the then unvested shares of Company common stock subject to such equity awardawards.

Appears in 1 contract

Samples: Employment Agreement (Pieris Pharmaceuticals, Inc.)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-one hundred percent (100%) of the unvested shares subject thereto and, to the extent applicable, the exercisability of Company common stock subject to such equity awardaward shall be extended to the end of the original term thereof (the “Equity Benefits”).

Appears in 1 contract

Samples: Employment Agreement (Ellie Mae Inc)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-hundred percent (100%) of the unvested shares of Company common stock subject to such equity award.

Appears in 1 contract

Samples: Change of Control and Severance Agreement (Hyperion Therapeutics Inc)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive as of the Effective Date shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-hundred fifty percent (10050%) of the then unvested shares subject thereto at the time of Company common stock subject to such equity awardExecutive’s Covered Termination.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Ardelyx, Inc.)

Equity Awards. Each outstanding and unvested equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-one hundred percent (100%) of the unvested shares underlying Executive’s equity awards as of Company common stock subject to such equity awardthe termination date.

Appears in 1 contract

Samples: Employment Agreement (Corvus Pharmaceuticals, Inc.)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option options, restricted stock and restricted stock awardunits, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-one hundred percent (100%) of the then unvested shares of Company common stock subject to such equity award.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Codexis Inc)

Equity Awards. Each outstanding and unvested equity award, including, without limitation, each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one-one hundred percent (100%) of the that number of unvested shares underlying Executive’s equity awards as of Company common stock subject to such equity award.the Termination Date. |||

Appears in 1 contract

Samples: Change in Control Severance Agreement (Nevro Corp)

Equity Awards. Each outstanding and unvested equity award, including, without limitation, each stock option and restricted stock unit award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, as of immediately prior to the Termination Date with respect to one-one hundred percent (100%) of the unvested shares of Company common stock underlying Executive’s equity awards. In all other respects Executive’s equity awards shall continue to be bound by and subject to such the terms of their respective agreements and equity awardplans.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Bebe Stores, Inc.)

Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted stock award, held by Executive Executive, shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, lapse with respect to oneseventy-hundred five percent (10075%) of the then unvested shares equity awards as of Company common stock the date the Release of Claims becomes effective and irrevocable; provided, however, that if the equity award is subject to Section 409A and payable upon vesting, payment of such equity awardaward shall be made on the date set forth in Section 10(a) hereof.

Appears in 1 contract

Samples: Employment Agreement (Pieris Pharmaceuticals, Inc.)

Equity Awards. Each outstanding equity award, including, without limitation, . each stock option and restricted stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each caseease, with respect to one-one hundred percent (100%) of the then-unvested shares of Company common stock subject to such equity awardoutstanding award effective as of immediately prior to such the date of termination of Executive’s employment.

Appears in 1 contract

Samples: Employment Agreement (Venus Concept Inc.)

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