Common use of Stock Award Acceleration Clause in Contracts

Stock Award Acceleration. Provided that Executive complies with Section 5 below, all outstanding stock options granted and restricted stock issued by the Company to Executive prior to the Change of Control shall become fully vested and exercisable immediately prior to the effective date of the Termination Upon a Change of Control.

Appears in 12 contracts

Samples: Retention and Severance Agreement, Retention and Severance Agreement (Cepheid), Retention and Severance Agreement (Cepheid)

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Stock Award Acceleration. Provided that Executive complies with Section 5 below, all outstanding stock options granted and restricted stock issued by the Company to Executive prior to the Change of Control shall become fully vested and exercisable immediately prior to the effective date of the Termination Upon a Change of Control.

Appears in 3 contracts

Samples: Retention and Severance Agreement (Cepheid), Retention and Severance Agreement (Cepheid), Retention and Severance Agreement (Cepheid)

Stock Award Acceleration. Provided that Executive complies with Section 5 7 below, all outstanding stock options granted and restricted stock issued by the Company to Executive prior to the Change of Control shall become fully vested and exercisable immediately prior to the effective date of the Termination Upon a Change of Controlimmediately.

Appears in 1 contract

Samples: Severance Agreement (Solar Enertech Corp)

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Stock Award Acceleration. Provided that Executive complies with Section 5 7 below, all outstanding stock options granted and restricted stock issued by the Company to Executive prior to the Change of Control shall become fully vested and exercisable immediately prior to the effective date of the Termination Upon a Change of Control.

Appears in 1 contract

Samples: And Severance Agreement (Solar Enertech Corp)

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