Example ContractsClausesAcceleration of Vesting Upon Termination
Acceleration of Vesting Upon Termination
Acceleration of Vesting Upon Termination contract clause examples

Acceleration of Vesting Upon Termination. Notwithstanding Section 2(a), any unvested Tranche of RSUs subject to this Agreement shall vest as follows:

Acceleration of Vesting Upon Termination. The shares of Restricted Stock subject to this Agreement shall become immediately vested in the event that a Change in Control of the Company occurs and within 6 months before or 18 months after the Change in Control the Recipient’s Continuous Service is terminated by the Company or any Related Entity without Justifiable Cause or by the Recipient for Good Reason, or by death or Disability, in accordance with the provisions of Section 10(a) of the Plan.

Acceleration of Vesting Upon Termination. Notwithstanding any other term or provision of this Agreement, in the event that the Participant’s Continuous Service is terminated either by the Company without Good Cause or by the Participant for Good Reason during the eighteen (18) month period immediately following a Change in Control, all Non-Vested Deferred Stock Units subject to this Agreement shall become immediately vested as of the date of the termination of the Participant’s Continuous Service.

Acceleration of Vesting Upon Termination. Notwithstanding any other term or provision of this Agreement, in the event that the Participant’s Continuous Service is terminated either by the Company without Good Cause or by the Participant for Good Reason during the eighteen (18) month period immediately following a Change in Control, all Non-Vested Deferred Stock Units subject to this Agreement shall become immediately vested as of the date of the termination of the Participant’s Continuous Service.

Acceleration of Vesting Upon Termination. In the event that the Participant’s Continuous Service is terminated either by the Company without Justifiable Cause or by the Participant for Good Reason, the RSUs subject to this Agreement shall vest in accordance with Sections 7(a)(ii)(C) and 7(b)(ii)(C) of the LTIP, and Shares equal to the number of such Vested RSUs, if any, shall be delivered, subject to any requirements under this Agreement, to the Participant. Notwithstanding the foregoing, in the event that a Change in Control of the Company occurs and within 6 months before or 18 months after the Change in Control, the Participant’s Continuous Service is terminated by the Company or any Related Entity without

Acceleration of Vesting Upon Termination. In the event that the Recipient’s Continuous Service is terminated either by the Company without Justifiable Cause or by the Recipient for Good Reason, the shares of Restricted Stock subject to this Agreement shall vest in accordance with Sections 7(a)(ii)(C) and 7(b)(ii)(C) of the LTIP. Notwithstanding the foregoing,

Acceleration of Vesting Upon Termination. In the event that the Optionee’s Continuous Service is terminated either by the Company without Justifiable Cause or by the Optionee for Good Reason, any acceleration of exercisability of this Option shall be in accordance with Sections 7(a)(ii)(C) and 7(b)(ii)(C) of the LTIP. Notwithstanding the foregoing, in the event that a Change in Control of the Company occurs and within 6 months before or 18 months after the Change in Control the Optionee’s Continuous Service is terminated by the Company or any Related Entity without Justifiable Cause or by the Optionee for Good Reason, the provisions of Section 10(a) of the Plan shall apply.

Acceleration of Vesting Upon Termination. Notwithstanding any other term or provision of this Agreement, in the event the Grantee ceases to be continuously employed by the Company or a Subsidiary either due to a termination by the Company without Cause or by the Grantee for Good Reason during the eighteen (18) month period immediately following a Change in Control, all Non-Vested MSUs subject to this Agreement that are then outstanding shall become immediately Vested MSUs as of the date of the Grantee’s termination of employment.

Acceleration of Vesting Upon Termination. The RSUs subject to this Agreement shall vest immediately in the event that a Change in Control of the Company occurs and within 6 months before or 18 months after the Change in Control, the Participant’s Continuous Service is terminated by the Company or any Related Entity without Justifiable Cause or by the Participant for Good Reason, or by death or Disability, in accordance with the provisions of Section 10(a) of the 2016 Plan.

Acceleration of Vesting Upon Termination. Notwithstanding Section 2(a), any unvested RSUs subject to this Agreement shall vest as follows:

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