Common use of Stock Award Acceleration Clause in Contracts

Stock Award Acceleration. Upon Executive’s termination date, 100% of all Outstanding Equity shall vest. In addition, all Outstanding Equity consisting of stock options shall be exercisable by Executive for a period of ninety (90) days following the end of such transition period (if any) or ninety (90) days following termination if the Company requests no transition period.”

Appears in 2 contracts

Samples: Retention and Severance Agreement (Move Inc), Retention and Severance Agreement (Move Inc)

AutoNDA by SimpleDocs

Stock Award Acceleration. Upon Executive’s termination date, 100% of all Outstanding Equity other than performance-based restricted stock units shall vest. In addition, all Outstanding Equity consisting of stock options shall be exercisable by Executive for a period ending on the earlier of ninety (90i) days three (3) years following the end of such transition period (if any) or ninety three (903) days years following termination if the Company requests no transition periodperiod or (ii) the normal expiration of the such options.

Appears in 1 contract

Samples: Retention and Severance Agreement (Move Inc)

AutoNDA by SimpleDocs

Stock Award Acceleration. Upon Executive’s termination date, 100% of all Outstanding Equity shall vest. In addition, all Outstanding Equity consisting of stock options shall be exercisable by Executive for a period of ninety (90) days following the end of such transition period (if any) or ninety (90) days following termination if the Company requests no transition period.

Appears in 1 contract

Samples: Retention and Severance Agreement (Move Inc)

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