Common use of Equity Vesting Clause in Contracts

Equity Vesting. 100% of the then-unvested shares subject to each of the Executive’s then-outstanding equity awards will immediately vest and, in the case of options and stock appreciation rights, will become exercisable (for avoidance of doubt, no more than 100% of the shares subject to the then-outstanding portion of an equity award may vest and become exercisable under this provision). In the case of equity awards with performance-based vesting, all performance goals and other vesting criteria will be deemed achieved at the greater of actual performance or 100% of target levels.

Appears in 8 contracts

Samples: Change of Control and Severance Agreement (Talend S.A.), Change of Control and Severance Agreement (Talend S.A.), Change of Control and Severance Agreement (Quantenna Communications Inc)

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Equity Vesting. 10050% of the then-unvested shares subject to each of the Executive’s then-outstanding equity awards will immediately vest and, in the case of options and stock appreciation rights, will become exercisable (for avoidance of doubt, no more than 10050% of the shares subject to the then-outstanding portion of an equity award may vest and become exercisable under this provision). In the case of equity awards with performance-based vesting, all performance goals and other vesting criteria will be deemed achieved at the greater of actual performance or 100% of target levels.

Appears in 1 contract

Samples: Change of Control and Severance Agreement (Talend S.A.)

Equity Vesting. 10050% of the then-unvested shares subject to each of the Executive’s then-outstanding equity awards wards will immediately vest and, in the case of options and stock appreciation rights, will become exercisable (for avoidance of doubt, no more than 10050% of the shares subject to the then-outstanding portion of an equity award may vest and become exercisable under this provision). In the case of equity awards with performance-based vesting, all performance goals and other vesting criteria will be deemed achieved at the greater of actual performance or 100% of target levels.]

Appears in 1 contract

Samples: Change of Control and Severance Agreement (Talend S.A.)

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Equity Vesting. 10050% of the then-unvested shares subject to each of the Executive’s then-outstanding equity awards that vest solely based on satisfying time-based vesting conditions will immediately vest and, in the case of options and stock appreciation rights, will become exercisable (for avoidance of doubt, no more than 10050% of the shares subject to the then-outstanding portion of an equity award may vest and become exercisable under this provision). In the case of equity awards with performance-based vesting, all performance goals and other vesting criteria will be deemed achieved at the greater of actual performance or 100% of target levels.]

Appears in 1 contract

Samples: Change of Control and Severance Agreement (Talend S.A.)

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