Example ContractsClausesaccelerated vesting eventsIdentical
Remove:

Accelerated Stock Vesting upon Separation from Employment. Upon Employee’s departure from Standex employment pursuant to [Section 6(e)] or, after the expiration of the Employment Contract Term, upon Employee’s departure from Standex employment, for any reason other than those reasons set forth in [Section 6(d)], all Standex unvested stock that has been granted to Employee during the Employment Contract Term, but which has not yet reached its vesting date under the terms of such grant(s), shall immediately vest on the date of the Employee’s last day of employment, regardless of the terms of such grant(s) (the “Accelerated Awards”). This accelerated vesting shall only occur after the Employment Contract Term has expired, and in the event that none of the conditions in [Section 6(d)] herein are present. For the sake of clarity, this accelerated vesting shall not apply to any equity awards made to Employee subsequent to the Employment Contract Term.

Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.