Acceleration of Vesting Upon a Change of Control. Upon a Change of Control of the Company:
Acceleration of Vesting Upon a Change of Control. Upon the occurrence of Qualifying Termination during any Change of Control Period, any outstanding equity awards held by the Executive will become fully vested and exercisable or free from forfeiture or transfer restrictions as of the effective date of the Qualifying Termination (provided that if such Qualifying Termination precedes the Change of Control, such accelerated vesting shall occur on the effective date of the Change of Control).
Acceleration of Vesting Upon a Change of Control. In the event of a Change of Control, Executive shall be entitled to the following benefit:
Acceleration of Vesting Upon a Change of Control. Upon a Change of Control (as defined in the Grantee’s Employment Agreement; or, if such agreement has no such definition, then as defined in the Plan), the Shares shall fully vest and all restrictions and limitations on the Shares shall lapse.
Acceleration of Vesting Upon a Change of Control. Notwithstanding the provisions of Section 1.3, in the event of a “Sale Event” (as defined in the Plan) while the Holder is a member of the Board of Directors of the Company, the vesting of the Shares shall accelerate and all Shares shall be vested simultaneously with such Sale Event.
Acceleration of Vesting Upon a Change of Control. Upon the occurrence of Qualifying Termination during any Change of Control Period, any options to purchase shares of the Company’s Common Stock at the then fair market value of such shares, including any option granted pursuant to this Agreement, (the “Options”) that have been granted or that will be granted to the Executive pursuant to the Company’s standard form of notice of stock option grant under the Company’s 2011 Stock Option/Stock Issuance Plan or any successor plan(s) (the “Option Plan”) will become fully vested as of the effective date of such Change of Control, or, if not fully vested as provided in this paragraph, Company shall pay to Executive an amount equivalent to the value such options would have had as of the effective date of such Change of Control had they become fully vested as provided in this paragraph.
Acceleration of Vesting Upon a Change of Control. In the event of a Change of Control of the Company, all of Executive’s rights under the SARs and to the Restricted Stock shall immediately vest. For purposes hereof, “Change of Control” means an event or series of events by which:
Acceleration of Vesting Upon a Change of Control. Notwithstanding the provisions of Section 1.3, in the event of a “change of control” (as defined below) while the Holder is a member of the Board of Directors of the Company, the vesting of the Shares shall accelerate and all Shares shall be vested simultaneously with such change of control. For the purposes of this Agreement, a change of control shall mean (i) the acquisition by any “person” (as defined in Section 3(a)(9) and 13(d) of the Securities Exchange Act of 1934, as amended (“Exchange Act”)), other than a stockholder of the Company that, as of the date of this Agreement, is the beneficial owner (as defined in Rule 13d-3 promulgated under the Exchange Act) of 10% or more of the outstanding voting securities of the Company, of more than 50% of the combined voting power of the then outstanding voting securities of the Company or (ii) the sale by the Company of all, or substantially all, of the assets of the Company to one or more purchasers, in one or a series of related transactions, where the transaction or transactions require approval pursuant to Delaware law by the stockholders of the Company.
Acceleration of Vesting Upon a Change of Control. Notwithstanding the provisions set forth in 3(d)(i), if a Change of Control (as defined below) occurs while the Executive maintains a business relationship with the Company and the Option has not fully vested, then the Option shall become fully vested and exercisable with respect to all of the Shares, effective immediately upon the consummation of any such Change of Control.
Acceleration of Vesting Upon a Change of Control. Upon a Change of Control (as defined in the Plan), all Units (and all additional restricted stock units credited to the Grantee’s account as a result of dividends or other distributions in respect of the Company’s common stock) shall fully vest.
