Common use of Equity Vesting Clause in Contracts

Equity Vesting. Vesting acceleration (and exercisability, as applicable) as to 100% of the then-unvested portion of each of Executive’s then-outstanding Company equity awards, and in the case of equity awards with performance-based vesting, with respect to 100% of the then-unvested portion of each such equity award, all performance goals and other vesting criteria will be deemed achieved at the greater of (x) actual achievement (if determinable) or (y) 100% of target levels, in each case unless otherwise specified in the applicable equity award agreement governing such equity award.

Appears in 6 contracts

Samples: Employment Agreement (Knightscope, Inc.), Employment Agreement (Knightscope, Inc.), Employment Agreement (Knightscope, Inc.)

AutoNDA by SimpleDocs

Equity Vesting. Vesting acceleration (and exercisability, as applicable) as to 100% of the then-unvested portion of shares subject to each of the Executive’s then-outstanding Company equity awards, and in . In the case of an equity awards award with performance-based vesting, with respect to 100% of unless otherwise specified in the then-unvested portion of each applicable equity award agreement governing such equity award, all performance goals and other vesting criteria will be deemed achieved at the greater of (x) actual achievement (if determinable) or (y) 100% of target levels, in each case unless otherwise specified in the applicable equity award agreement governing such equity award.

Appears in 1 contract

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

AutoNDA by SimpleDocs

Equity Vesting. Vesting acceleration (and exercisability, as applicable) as to 100% of the then-unvested portion of each of Executive’s then-outstanding Company equity awards, and in the case of equity awards with performance-based vesting, with respect to 100% of the then-unvested portion of each such equity award, all performance goals and other vesting criteria will be deemed achieved at the greater of (x) actual achievement (if determinable) or (y) 100% of target levels, in each case unless otherwise specified in the applicable equity award agreement governing such equity award.. ​

Appears in 1 contract

Samples: Employment Agreement (Knightscope, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.