Common use of Acceleration Events Clause in Contracts

Acceleration Events. Notwithstanding the foregoing, the Option shall become fully and immediately vested and exercisable upon (i) the termination of Service as a result of the Optionee’s death or the Optionee’s permanent and total disability within the meaning of Section 22(e)(3) of the Code (a “Disability”), or (ii) a Change in Control (as defined in the Plan) of the Company, provided the Option remains outstanding on the effective date of the Change in Control.

Acceleration Events. Notwithstanding the foregoing, the each Option shall become fully and immediately vested and exercisable upon (i) the Optionee’s termination of Service employment as a result of the Optionee’s death or the Optionee’s permanent and total disability within the meaning of Section 22(e)(3) of the Code (a “Disability”), or (ii) the occurrence of a Change in Control (as defined in the Plan) of the Company, provided that the respective Option remains outstanding on immediately prior to the effective date of the Change in Control.

Acceleration Events. Notwithstanding the foregoing, the Option shall become fully and immediately vested and exercisable upon (i) the termination of Service employment as a result of the Optionee’s death or the Optionee’s permanent and total disability within the meaning of Section 22(e)(3) of the Code (a “Disability”), or (ii) a Change in Control (as defined in the Plan) of the Company, provided the Option remains outstanding on the effective date of the Change in Control.

Acceleration Events. Notwithstanding the foregoing, the Option shall become fully and immediately vested and exercisable upon (i) the termination of Service employment as a result of the Optionee’s 's death or the Optionee’s 's permanent and total disability within the meaning of Section 22(e)(3) of the Code (a “"Disability”"), or (ii) a Change in Control (as defined in the Plan) of the Company, provided the Option remains outstanding on the effective date of the Change in Control.