Liquidity Event Vesting. Upon the occurrence of a Liquidity Event, all then-unvested Time Options shall vest and become exercisable as of immediately prior to such Liquidity Event, provided the Optionee remains continuously in service as a Service Provider through the date of such Liquidity Event.
Appears in 5 contracts
Samples: Stock Option Agreement (PPD, Inc.), Stock Option Agreement (Ortho Clinical Diagnostics Holdings PLC), Stock Option Agreement (PPD, Inc.)
Liquidity Event Vesting. Upon Any unvested portion of the Option will vest immediately prior to the occurrence of a Liquidity Event, all then-unvested Time Options shall vest and become exercisable as of immediately prior to such Liquidity Event, provided that the Optionee remains continuously in service as a Service Provider through the date of such Liquidity Event.
Appears in 1 contract
Liquidity Event Vesting. Upon Notwithstanding the occurrence of foregoing, upon a Liquidity Event, all then-unvested Time Options the Option shall vest and become exercisable as of immediately prior to such Liquidity Event, provided so long as the Optionee remains continuously in service as a Service Provider through from the Grant Date to the date of such the Liquidity Event.
Appears in 1 contract
Samples: Equity Incentive Plan Of (Allison Transmission Holdings Inc)
Liquidity Event Vesting. Upon the occurrence of a Liquidity Event, all then-unvested Time the Options shall vest and become exercisable as of in full immediately prior to such Liquidity Event, provided the so long as Optionee remains continuously in service as a Service Provider from the date hereof through the date of such the Liquidity Event.
Appears in 1 contract
Samples: Stock Option Agreement (Axalta Coating Systems Ltd.)
