Common use of Vested Options Clause in Contracts

Vested Options. Employee shall have that period of time following the Termination Date specified in the governing written stock option agreement to exercise any options to purchase shares of the Company’s common stock (“Options”) which are vested, outstanding and not exercised as of the Termination Date.

Appears in 2 contracts

Samples: Transitional Employment and Separation Agreement (Silicon Image Inc), Transitional Employment and Severance Agreement (Silicon Image Inc)

Vested Options. Employee shall have that period of time following the Termination Date specified in the governing written stock option agreement to exercise any options to purchase shares of the Company’s common stock (“Options”) which are vested, outstanding and not exercised as of the Termination Date , including any Options the vesting of which is accelerated as part of the Severance Payments on the terms and conditions set forth in the Offer Letter.

Appears in 1 contract

Samples: Transitional Employment and Separation Agreement (Silicon Image Inc)

Vested Options. Employee shall have that period Notwithstanding the post-termination of time following the Termination Date services expiration date specified in the each governing written stock option agreement to exercise any options to purchase shares of the Company’s common stock (“Options” ) which ), Employee shall have one year following the Termination Date to exercise such Options that are vested, outstanding and not exercised as of the Termination Date.

Appears in 1 contract

Samples: Transitional Employment and Separation Agreement (Opsware Inc)