Vesting Acceleration. The Company shall vest in full the Executive on the Termination Date for any and all outstanding equity-incentive awards issued to the Executive and any options may be exercised by his authorized representative or estate for a period equal to the earlier of one year from and after the Termination Date and the original expiration date of each option as set forth in the respective grant agreements unless a longer period of time is set forth in the grant agreement evidencing the options.
Appears in 7 contracts
Samples: Employment Agreement (Mabvax Therapeutics Holdings, Inc.), Employment Agreement (Mabvax Therapeutics Holdings, Inc.), Employment Agreement (Telik Inc)
