Common use of Equity Compensation Accelerated Vesting Clause in Contracts

Equity Compensation Accelerated Vesting. All outstanding stock awards held by Officer which are unvested as of the Termination Date of Officer's Severance Termination shall immediately become fully vested and exercisable as of such Termination Date (but, in no event, shall any stock award become vested and exercisable as to more than one hundred percent (100%) of the shares subject to such award). All of Officer's stock options and stock appreciation rights (including the portion of such awards which becomes vested pursuant to this Section) shall remain exercisable for such period of time as is prescribed in the respective stock option or stock appreciation right agreements.

Appears in 7 contracts

Samples: Control Severance Agreement (Intraware Inc), Control Severance Agreement (Intraware Inc), Change of Control Severance Agreement (Intraware Inc)

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Equity Compensation Accelerated Vesting. All outstanding stock awards held by Officer which are unvested as of the Termination Date of Officer's ’s Severance Termination shall immediately become fully vested and exercisable as of such Termination Date (but, in no event, shall any stock award become vested and exercisable as to more than one hundred percent (100%) of the shares subject to such award). All of Officer's ’s stock options and stock appreciation rights (including the portion of such awards which becomes vested pursuant to this Section) shall remain exercisable for such period of time as is prescribed in the respective stock option or stock appreciation right agreements.

Appears in 3 contracts

Samples: Change of Control Severance Agreement (Intraware Inc), Change of Control Severance Agreement (Intraware Inc), Change of Control Severance Agreement (Intraware Inc)

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