Example ContractsClausesequity retainerVariants
Equity Retainer
Equity Retainer contract clause examples

Sale Event Acceleration. In the event of a Sale Event (as defined in the Company’s 2020 Stock Option and Incentive Plan (the “2020 Plan”)), the equity retainer awards granted to Outside Directors pursuant to this Policy shall become 100% vested and exercisable.

Sale Event Acceleration. In the event of a Sale Event (as defined in the Company’s Amended and Restated 2015 Stock Option and Incentive Plan, as amended from time to time (the “2015 Plan”)), the equity awards granted to Outside Directors pursuant to this Policy shall become 100% vested and/or exercisable.

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