Equity Acceleration definition

Equity Acceleration means that any portion of the Initial Agreement Grants that have not become vested upon the date on which any Termination Without Cause or Termination with Good Reason occurs shall fully and immediately vest upon such occurrence.

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Equity Acceleration shall have meaning set forth in Section 10(a). “Good Reason” has the meaning set forth in Section 10(g). “Proceeding” has the meaning set forth in Section 16(a). “Pro Rata Annual Incentive” has the meaning set forth in Section 10(a). “Restriction Period” has the meaning set forth in Section 12(b). “Stock” means the common shares of CRM, par value $0.01 per share.

Equity Acceleration means: ____ % of the then unvested shares subject to the applicable Equity Awards.

Examples of Equity Acceleration in a sentence

• If any Unvested Employer Equity constitutes nonqualified deferred compensation subject to Section 409A (as defined in Section 9), any Partial Equity Acceleration (whether under this Section 5.1(c) or otherwise) of vesting with respect thereto shall accelerate payment only to the extent consistent with Section 409A.

• Apart from the Final Compensation, Pro Rata Bonus and Partial Equity Acceleration, the Executive shall not otherwise be entitled to any additional compensation.

• The date of Employee’s death shall be the termination date for a termination of Employee’s employment under this Agreement pursuant to this Section 4.3. Upon Employee’s death during the Employment Period, Employer shall pay or provide to the person or entity designated by Employee in a notice filed with Employer or, if no person is designated, to Employee’s estate (i) the Accrued Obligations; (ii) a Pro-Rated Bonus; and (iii) the Equity Acceleration, except as set forth in the award agreement.

• Employee shall not be entitled to receive the Severance Payments and the Equity Acceleration, or the Change of Control Severance Payments and the Change of Control Equity Acceleration, as applicable, unless Employee executes and returns the Release to the Company, and such Release becomes effective and non-revocable, within sixty (60) days following Employee’s termination of employment (or such shorter period provided for in the Release).

• Notwithstanding the foregoing, if Employee’s employment is terminated pursuant to Section 7.01(e), and provided that Employee or Employee’s estate or legal representative shall have executed and delivered to the Company the Release and any period for rescission of such Release shall have expired without Employee having rescinded such Release, in addition to the Accrued Compensation, Employee shall be entitled to receive the Equity Acceleration.

• Executive will be eligible to participate in the Company's Change In Control Equity Acceleration Plan ("Equity Acceleration Plan") (attached hereto as Exhibit A), which provides for accelerated vesting of equity awards in connection with a Change in Control of the Company (as defined in the Equity Acceleration Plan), pursuant to the terms and conditions of the Equity Acceleration Plan, if the Equity Acceleration Plan is in effect as of the date of any qualifying Change in Control.

• The Executive acknowledges that to the extent the Employer does not receive the Release executed by Executive on or within the time specified in the Release or if the Release is revoked by the Executive, the Executive shall not be entitled to the Severance Payment, the Termination Year Bonus, the Equity Acceleration, or the COBRA Continuation Payments.

• If the Employee's employment is terminated due to death or Disability or if a court of competent jurisdiction determines Employee to be incapacitated, the Company shall pay the Employee (or to the Employee's estate or personal representative in the case of death and, if appropriate, Disability), within thirty (30) business days after the Date of Termination: (i) any Accrued Obligations, (ii) Post-Termination Pro-Rata Bonus Payment, (iii) Post-Termination Cash Payment, and (iv) Existing Equity Acceleration.

• The date of Employee’s death shall be the termination date for a termination of Employee’s employment under this Agreement pursuant to this Section 4.3. Upon Employee’s death during the Employment Period, Employer shall pay or provide to the person or entity designated by Employee in a notice filed with Employer or, if no person is designated, to Employee’s estate (i) the Accrued Obligations; (ii) a Pro-Rated Bonus; and (iii) the Equity Acceleration.

• Executive will be eligible to participate in the Equity Acceleration Plan as a "member of the senior management group" of the Company.

More Definitions of Equity Acceleration

Equity Acceleration has the meaning set forth in Section 10(a).

Equity Acceleration means that, pursuant to (and subject to the limitations, if any, in) the Termination Matrix, (x) in the case of a

Equity Acceleration means full accelerated vesting of all Unvested Equity held by Executive (in lieu of any accelerated vesting provided for by the plan or agreement pursuant to which such Equity was granted or issued).

Equity Acceleration column under Section 7(b) of the 2000 Employment Agreement shall be amended by replacing the term "Payable" with "Accelerated" and the term "Not Payable" with "Not Accelerated" in every instance in which they appear in such column.

Equity Acceleration shall have the meaning set forth in Section 8(b)(iii) hereof.

Equity Acceleration shall have meaning set forth in Section 9(a).