Accelerated Options definition
Examples of Accelerated Options in a sentence
The Issuing Entity further makes all the representations, warranties and covenants set forth in Schedule P.
Any Options that are not exercisable at the time of the Merger (the "Accelerated Options") will become immediately exercisable to purchase Thermo Electron Common Stock if the options are "in-the-money" on the date of the Merger.
Executive acknowledges and agrees that he will not be entitled to, and hereby waives and entitlement he might otherwise have to, accelerated vesting of any other options other than the Accelerated Options as a consequence of his retirement from the Company.
However, if the holder exercises the Accelerated Options before the date or dates on which the options would have vested, the shares that he or she receives will not be saleable until the date or dates in the future when the options would have vested.
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