Termination Due to Executive’s Death. This Agreement will terminate immediately upon Executive’s death and the Company shall not have any further liability or obligation to Executive, Executive’s executors, heirs, assigns or any other person claiming under or through Executive’s estate, except that Executive’s estate shall receive any Accrued Obligations. In addition, Executive’s estate shall be entitled to accelerated vesting of the portion of the Option Grant and the RSU Grant that would have otherwise vested during the nine (9) month period following such termination.
Appears in 3 contracts
Samples: Executive Employment Agreement (Brooklyn ImmunoTherapeutics, Inc.), Executive Employment Agreement (Brooklyn ImmunoTherapeutics, Inc.), Executive Employment Agreement (Brooklyn ImmunoTherapeutics, Inc.)
Termination Due to Executive’s Death. This Agreement will terminate immediately upon Executive’s death and the Company shall not have any further liability or obligation to Executive, Executive’s executors, heirs, assigns or any other person claiming under or through Executive’s estate, except that Executive’s estate shall receive any Accrued Obligations. In addition, Executive’s estate shall be entitled to accelerated vesting of the portion of the Option Grant and the RSU Grant that would have otherwise vested during the nine (9) month period following such termination.
Appears in 2 contracts
Samples: Executive Employment Agreement (Brooklyn ImmunoTherapeutics, Inc.), Executive Employment Agreement (Brooklyn ImmunoTherapeutics, Inc.)
Termination Due to Executive’s Death. This Agreement will terminate immediately upon Executive’s death and the Company shall not have any further liability or obligation to Executive, Executive’s executors, heirs, assigns or any other person claiming under or through Executive’s estate, except that Executive’s estate shall receive any Accrued Obligations. In addition, Executive’s estate shall be entitled to accelerated vesting of the portion of the Option Grant and the RSU Grant Options that would have otherwise vested during the nine twelve (912) month months period following such termination.
Appears in 2 contracts
Samples: Executive Employment Agreement (HNR Acquisition Corp.), Executive Employment Agreement (HNR Acquisition Corp.)
Termination Due to Executive’s Death. This Agreement will terminate immediately upon Executive’s death and the Company shall not have any further liability or obligation to Executive, Executive’s executors, heirs, assigns or any other person claiming under or through Executive’s estate, except that Executive’s estate shall receive any Accrued Obligations. In addition, Executive’s estate shall be entitled to accelerated vesting of the portion of the Option Grant and the RSU Grant that would have otherwise vested during the nine six (96) month period following such termination.
Appears in 1 contract
Samples: Executive Employment Agreement (Brooklyn ImmunoTherapeutics, Inc.)