Stock Award Acceleration. (i) Subject to Section 4(d), in the event of Executive’s Separation from Service by reason of Executive’s death or discharge by the Company following Executive’s Permanent Disability, the vesting and/or exercisability of 100% of Executive’s outstanding unvested Stock Awards shall be automatically accelerated on the date of Executive’s Separation from Service.
Appears in 6 contracts
Samples: Employment Agreement (Crinetics Pharmaceuticals, Inc.), Employment Agreement (Crinetics Pharmaceuticals, Inc.), Employment Agreement (Crinetics Pharmaceuticals, Inc.)
Stock Award Acceleration. (i) Subject to Section 4(d), in the event of Executive’s Involuntary Termination or Executive’s Separation from Service by reason of Executive’s death or discharge by the Company following Executive’s Permanent Disability, the vesting and/or exercisability of 100% each of Executive’s outstanding unvested Stock Awards shall be automatically accelerated on the date of Executive’s Separation from ServiceService as to the number of Stock Awards that would vest over the twelve (12) month period following the date of Executive’s Separation from Service had Executive remained continuously employed by the Company during such period.
Appears in 3 contracts
Samples: Employment Agreement (Exagen Diagnostics Inc), Employment Agreement (Exagen Diagnostics Inc), Employment Agreement (Exagen Diagnostics Inc)
Stock Award Acceleration. (i) Subject i)Subject to Section 4(d), in the event of Executive’s Separation from Service by reason of Executive’s death or discharge by the Company following Executive’s Permanent Disability, the vesting and/or exercisability of 100% of Executive’s outstanding unvested Stock Awards shall be automatically accelerated on the date of Executive’s Separation from Service.
Appears in 1 contract
Samples: Employment Agreement (Crinetics Pharmaceuticals, Inc.)
