Common use of Stock Options, Restricted Stock Units, Other Equity Compensation Clause in Contracts

Stock Options, Restricted Stock Units, Other Equity Compensation. All of the Executive’s then outstanding stock options to purchase shares of the Company’s Common Stock (the “Options”) shall immediately vest one hundred percent (100%). The Options shall remain exercisable following the termination of employment for the period prescribed in the respective option agreements. Additionally, all of Executive’s outstanding Restricted Stock Units (the “Restricted Stock Units”) shall immediately vest one hundred percent (100%). All other Company equity compensation held by Executive shall also immediately vest one hundred percent (100%).

Appears in 5 contracts

Samples: Control and Retention Agreement, Change of Control and Retention Agreement (SALESFORCE.COM, Inc.), Change of Control and Retention Agreement (Salesforce Com Inc)

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Stock Options, Restricted Stock Units, Other Equity Compensation. All of the Executive’s then outstanding unvested stock options to purchase shares of the Company’s Common Stock (the Options”) shall immediately vest as to one hundred percent (100%)) of the then unvested Option shares. The Options shall remain exercisable following the termination of employment for the period prescribed in the respective option agreements. Additionally, all of Executive’s outstanding unvested Restricted Stock or Restricted Stock Units (collectively, the “Restricted Stock Units”) shall immediately vest as to one hundred percent (100%) of the then unvested Restricted Fastly CICRA (14.2). All other Company equity compensation held by Executive shall also immediately vest one hundred percent (100%).

Appears in 1 contract

Samples: Change of Control and Retention Agreement (Fastly, Inc.)

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