Common use of Vesting of Equity Awards Clause in Contracts

Vesting of Equity Awards. Notwithstanding the provisions of any other agreement to the contrary, upon the scheduled expiration of the Term of this Agreement, all options to purchase Common Stock of the Company that have been granted to Consultant by the Company will become immediately exercisable and all other equity awards that have been awarded to Consultant, including restricted awards, will become fully vested and no longer subject to restrictions on transfer (except for performance-based awards, which shall vest only upon satisfaction of the applicable performance goals) and, notwithstanding any other agreement to the contrary, will remain exercisable for the full term of each such option or award.

Appears in 4 contracts

Samples: Consulting Agreement (Vca Antech Inc), Consulting Agreement (Vca Antech Inc), Consulting Agreement (Vca Antech Inc)

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Vesting of Equity Awards. Notwithstanding the provisions of any other agreement to the contrary, upon immediately prior to the scheduled expiration occurrence of a Change in Control of the Term of this AgreementCompany during the Term, all options to purchase Common Stock of the Company that have been granted to Consultant by the Company will become immediately exercisable and all restricted awards or other equity awards that have been awarded to Consultant, including restricted awards, Consultant will become fully vested and no longer subject to restrictions on transfer (except for performance-based awards, which shall vest only upon satisfaction of the applicable performance goals) and, notwithstanding any other agreement to the contrary, will remain exercisable for the full term of each such option or award.

Appears in 4 contracts

Samples: Consulting Agreement (Vca Antech Inc), Consulting Agreement (Vca Antech Inc), Consulting Agreement (Vca Antech Inc)

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