Example ContractsClausesdiscretionary accelerationIdentical
Discretionary Acceleration
Discretionary Acceleration contract clause examples

Discretionary Acceleration. The Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested Restricted Stock Units at any time, subject to the terms of the Plan. If so accelerated, such Restricted Stock Units will be considered as having vested as of the date specified by the Administrator. If Participant is a U.S. taxpayer, the payment of Shares vesting pursuant to this Section 4(b) shall in all cases be paid at a time or in a manner that is exempt from, or complies with, [Section 409A]. The prior sentence may be superseded in a future agreement or amendment to this Award Agreement only by direct and specific reference to such sentence.

IGM Biosciences, Inc. (IGMS) (CIK 0001496323)
Source: SEC EDGAR database • Date: November 5, 2020 • SIC: 2834 • CIK: 2834

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