Common use of Equity Vesting Clause in Contracts

Equity Vesting. Vesting acceleration (and exercisability, as applicable) as to one hundred percent (100%) of the then-unvested shares subject to each of the Company equity awards granted to the Executive that is outstanding as of the date of the Qualifying Termination (each, an “Equity Award”). In the case of an Equity Award that is subject to performance-based vesting, unless otherwise specified in the applicable Equity Award agreement governing the Equity Award, all performance goals and other vesting criteria will be deemed achieved at one hundred percent (100%) of target levels. For the avoidance of doubt, in the event of the Executive’s Qualifying Pre-CIC Termination (as defined below), any then outstanding Equity Awards will remain outstanding until the earlier of (x) three (3) months following the Qualifying Termination or (y) the occurrence of a Change in Control, solely so that any benefits due on a Qualifying Pre-CIC Termination can be provided if a Change in Control occurs within three (3) months following the Qualifying Termination (provided that in no event will the Executive’s stock options or similar Equity Awards remain outstanding beyond the Equity Award’s maximum term to expiration). If no Change in Control occurs within three (3) months following a Qualifying Termination, any unvested portion of the Executive’s Equity Awards automatically and permanently will be forfeited on the date three (3) months following the date of the Qualifying Termination without having vested.

Equity Vesting. Vesting acceleration (and exercisability, as applicable) as to one hundred percent (100%) of the then-unvested shares subject to each of the Company equity awards granted to the Executive that is outstanding as of the date of the Qualifying Termination (each, an “Equity Award”). In the case of an Equity Award that is subject to performance-based vesting, unless otherwise specified in the applicable Equity Award agreement governing the Equity Award, all performance goals and other vesting criteria will be deemed achieved at one hundred percent (100%) of target levels. For the avoidance of doubt, in the event of the Executive’s Qualifying Pre-CIC Termination (as defined below), any then outstanding Equity Awards will remain outstanding until the earlier of (x) three nine (39) months following the Qualifying Termination or (y) the occurrence of a Change in Control, solely so that any benefits due on a Qualifying Pre-CIC Termination can be provided if a Change in Control occurs within three nine (39) months following the Qualifying Termination (provided that in no event will the Executive’s stock options or similar Equity Awards remain outstanding beyond the earlier to occur of (i) the Equity Award’s maximum term to expirationexpiration or (ii) the Equity Award’s post-termination exercise period). If no Change in Control occurs within three nine (39) months following a Qualifying Pre-CIC Termination, any unvested portion of the Executive’s Equity Awards automatically and permanently will be forfeited on the date three nine (39) months following the date of the Qualifying Pre-CIC Termination without having vested.

Equity Vesting. Vesting acceleration (and exercisability, as applicable) as to one hundred percent (100%) % of the then-unvested shares subject to each of the Company Executive’s then-outstanding VIZIO Holding equity awards granted to the Executive that is outstanding as of the date of the Qualifying Termination (each, an “Equity Award”)awards. In the case of an Equity Award that is subject to equity award with performance-based vesting, unless otherwise specified in the applicable Equity Award equity award agreement governing the Equity Awardsuch award, all performance goals and other vesting criteria will be deemed achieved at one hundred percent the greater of (A) actual achievement (if determinable), or (B) 100%) % of target levels. For the avoidance of doubt, in the event of the Executive’s Qualifying Pre-CIC Termination (as defined below), any then unvested portion of the Executive’s then-outstanding Equity Awards equity awards will remain outstanding until the earlier of (x) three (3) 3 months following the Qualifying Termination (as defined below) or (y) the occurrence of a Change in Control, solely so that any benefits due on a Qualifying Pre-CIC Termination can be provided if a Change in Control occurs within three (3) 3 months following the Qualifying Termination (provided that in no event will the Executive’s stock options or similar Equity Awards equity awards remain outstanding beyond the Equity Awardequity award’s maximum term to expiration). If no Change in Control occurs within three (3) 3 months following a Qualifying Termination, any unvested portion of the Executive’s Equity Awards equity awards automatically and permanently will be forfeited on the date three (3) months -month anniversary of the day following the date of the Qualifying Termination without having vested.

Equity Vesting. Vesting acceleration (and exercisability, as applicable) as to one hundred percent (100%) [ ] of the then-unvested shares subject to each of the Executive’s then-outstanding Company equity awards granted to the Executive that is outstanding as of the date of the Qualifying Termination (each, an “Equity Award”)awards. In the case of an Equity Award that is subject to equity award with performance-based vesting, unless otherwise specified in the applicable Equity Award equity award agreement governing the Equity Awardsuch award, all performance goals and other vesting criteria will be deemed achieved at one hundred percent the greater of (1) actual achievement (if determinable), or (2) 100%) % of target levels. For the avoidance of doubt, in the event of the Executive’s Qualifying Pre-CIC Termination (as defined below), any then unvested portion of the Executive’s then-outstanding Equity Awards equity awards will remain outstanding until the earlier of (x) three (3) months following the Qualifying Termination (as defined below) or (y) the occurrence of a Change in Control, solely so that any benefits due on a Qualifying Pre-CIC Termination can be provided if a Change in Control occurs within three (3) months following the Qualifying Termination (provided that in no event will the Executive’s stock options or similar Equity Awards equity awards remain outstanding beyond the Equity Awardequity award’s maximum term to expiration). If no Change in Control occurs within three (3) months following a Qualifying Termination, any unvested portion of the Executive’s Equity Awards equity awards automatically and permanently will be forfeited on the date three (3) months month anniversary of the day following the date of the Qualifying Termination without having vested.

Equity Vesting. Vesting acceleration (and exercisability, as applicable) as to one hundred fifty percent (10050%) of the then-unvested shares subject to each of the Company equity awards granted to the Executive that is outstanding as of the date of the Qualifying CIC Termination (each, an “Equity Award”). In the case of an Equity Award that is subject to performance-based vesting, unless otherwise specified in the applicable Equity Award agreement governing the Equity Award, all performance goals and other vesting criteria will be deemed achieved at one hundred fifty percent (10050%) of target levels. For the avoidance of doubt, in the event of the Executive’s Qualifying Pre-CIC Termination (as defined below), any then outstanding Equity Awards will remain outstanding until the earlier of (x) three (3) months following the Qualifying CIC Termination or (y) the occurrence of a Change in Control, solely so that any benefits due on a Qualifying Pre-CIC Termination can be provided if a Change in Control occurs within three (3) months following the Qualifying CIC Termination (provided that in no event will the Executive’s stock options or similar Equity Awards remain outstanding beyond the Equity Award’s maximum term to expiration). If no Change in Control occurs within three (3) months following a Qualifying CIC Termination, any unvested portion of the Executive’s Equity Awards automatically and permanently will be forfeited on the date three (3) months following the date of the Qualifying CIC Termination without having vested.

Equity Vesting. Vesting acceleration (and exercisability, as applicable) as to one hundred percent (100%) of the then-unvested shares subject to each of the Company equity awards granted to the Executive that is outstanding as of the date of the Qualifying CIC Termination (each, an “Equity Award”). In the case of an Equity Award that is subject to performance-based vesting, unless otherwise specified in the applicable Equity Award agreement governing the Equity Award, all performance goals and other vesting criteria will be deemed achieved at one hundred percent (100%) of target levels. For the avoidance of doubt, in the event of the Executive’s Qualifying Pre-CIC Termination (as defined below), any then outstanding Equity Awards will remain outstanding until the earlier of (x) three (3) months following the Qualifying CIC Termination or (y) the occurrence of a Change in Control, solely so that any benefits due on a Qualifying Pre-CIC Termination can be provided if a Change in Control occurs within three (3) months following the Qualifying CIC Termination (provided that in no event will the Executive’s stock options or similar Equity Awards remain outstanding beyond the Equity Award’s maximum term to expiration). If no Change in Control occurs within three (3) months following a Qualifying CIC Termination, any unvested portion of the Executive’s Equity Awards automatically and permanently will be forfeited on the date three (3) months following the date of the Qualifying CIC Termination without having vested.