Equity Benefits. Executive shall have automatic and immediate vesting of any and all equity benefits including, without limitation, the Initial RSUs, and RSUs under the STIP and the LTIP all (within seven (7) calendar days of the effective date of this Release, as described in Section 5(e) of the Employment Agreement).
Equity Benefits. In the event Executive is not fully vested in any retirement benefits with the Company from pension, profit sharing, or any other qualified or non-qualified retirement plan(s), the difference between the amounts Executive would have been paid if he had been vested on the date their employment was terminated and the amounts paid or owed to the Executive pursuant to such retirement plans;
Equity Benefits. The Company shall provide the Equity Benefits (as described and defined below in Section 4).
Equity Benefits. Exhibit B to this Agreement sets forth your right to purchase shares of the Company's capital stock and all shares of the capital stock of the Company held by you, in each case as of the Separation Date and prior to any acceleration of vesting to which you may be entitled under this Agreement. You acknowledge and agree that except as set forth in this Agreement and in those stock agreements (which documents are incorporated herein by reference) which govern your rights to the shares described on Exhibit B, you have no other right, title, interest, or claim in or to any shares of the Company's capital stock.
Equity Benefits. To the extent not theretofore paid or provided, the Company shall timely pay or provide to the Executive any other amounts or benefits required to be paid or provided or which the Executive is eligible to receive under any plan, program, policy, practice, contract or agreement of the Company through the Date of Termination, and, to the extent the Executive satisfies any “retirement” based rule of any of the foregoing that provides for more beneficial treatment to the Executive.
Equity Benefits. Executive shall have automatic and immediate vesting of the equity benefits set forth on Schedule 1 and no other equity benefits (within seven (7) calendar days of the effective date of this Release). Executive acknowledges and agrees that Executive shall pay to the Company, within thirty (30) days of the effective date of this Release, an amount equal to the income tax withholdings due on the vested equity benefits set forth on Schedule 1.
Equity Benefits. The portion of any time-based restricted stock units that you currently hold which would have vested if you had remained continuously employed through July 1, 2018, plus the final tranche of the time-based restricted stock units granted on March 10, 2016 which otherwise would have vested on March 25, 2019, will become fully vested as of your Termination Date (and any remaining time-based restricted stock units will be cancelled as of your Termination Date). The portion of any performance-based restricted stock units that you currently hold which would have vested if you had remained continuously employed through March 26, 2018 will remain outstanding and eligible to vest as if you remained employed continuously employed through March 26, 2018 based on the extent to which the underlying performance criteria are satisfied for awards with a performance period ending on January 31, 2018 (and any remaining performance-based restricted stock units will be cancelled as of your Termination Date). You will have three (3) months after your Termination Date to exercise any stock options that were vested as of that date. If you have contributed to the Autodesk Employee Stock Purchase Plan (“ESPP”), but these contributions were not used to purchase stock as of your Termination Date, your contributions for the current ESPP period will be returned to you.
Equity Benefits. Exhibit B to this Agreement sets forth Employee’s rights to purchase shares of SCM Inc.’s capital stock as of the Termination Date (assuming that Employee continues to be employed by the Company through the Termination Date). Employee acknowledges and agrees that Employee’s rights with respect to the shares (or the purchase thereof) described on Exhibit B shall be governed solely by the stock option agreements and plans under which such shares or rights to purchase were granted. Employee further acknowledges and agrees that, except as set forth on Exhibit B and in those stock option agreements and plans that govern Employee’s rights with respect to the shares (or the purchase thereof) described on Exhibit B, Employee has no other right, title, interest, or claim in or to any shares of the Company’s capital stock, other than any shares of SCM Inc. that he might own that are unencumbered by any contractual restrictions in favor of the Company. For the avoidance of any doubt, the parties acknowledge and agree that, in accordance with the notice provisions set forth in the Employment Agreement, any stock option, restricted stock or other equity inventive award granted to Employee under the Company’s stock option plans that is outstanding on the Termination Date (a) shall continue to vest, in accordance with its respective vesting schedule, until December 31, 2007, and (b) shall continue to be exercisable until March 31, 2008, at which time it shall expire and be canceled and no longer be in force or effect, in each of (a) and (b), unless and except to the extent otherwise provided in the stock option agreements or plans that govern Employee’s rights with respect to such stock option, restricted stock or other equity inventive award.
Equity Benefits. Executive shall have automatic and immediate vesting of the equity benefits set forth on Schedule 1, and no other equity benefits, on the Effective Date of this Release. Executive acknowledges and agrees that Executive shall sell, or allow Company to withhold, a portion of vested equity as applicable under the law to fulfill Executive’s income tax obligations due on the vested equity benefits set forth on Schedule 1.
Equity Benefits. Without regard to whether Executive has a termination of employment, one hundred percent (100%) of Executive’s then outstanding and unvested Equity Awards which have commenced to vest (or, in the case of any Equity Award the vesting of which is conditioned upon the achievement by the Company of any sustained common stock trading closing price at or above a specified level, would have commenced to vest had the stock trading closing price of the Company’s common stock for 20 consecutive trading days been equal to the price paid per share for the Company’s common stock in the Change in Control) will vest immediately prior to a Change in Control in respect of any Equity Award that is not Assumed or Replaced (as such terms are currently defined in the Company’s 2011 Stock Incentive Plan) upon the Change in Control.
