Example ContractsClausesEquity Vesting
Equity Vesting
Equity Vesting contract clause examples
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Equity Compensation Accelerated Vesting. One hundred percent (100%) of Executive’s outstanding equity awards (including but not limited to stock options and restricted stock grants) with a time-based vesting schedule (including the Converted Awards) shall immediately accelerate and become completely vested.

Vesting of Equity Compensation. Upon the occurrence of a Change in Control, the Company shall cause any and all equity compensation, including but not limited to stock options and restricted stock units, issued to Executive pursuant to the Company’s equity incentive plans and which are outstanding and unvested immediately prior to the Change in Control Date, to become fully vested and exercisable as of the Change in Control Date.

Vesting of Equity Awards. You hereby acknowledge that there will be no further vesting of your unvested SeaChange equity awards after the Separation Date; except for the RSU’s, PSUs and stock options identified on [Exhibit A] hereto which will vest through close of business on January 31, 2019.

Accelerated Vesting of Equity Agreements. The June 2021 Grant shall become fully vested on the Departure Date.

Accelerated Vesting of Equity Awards. In the event that # a Change of Control occurs during your employment hereunder and # your employment with [[ViewRay:Organization]] is terminated by [[ViewRay:Organization]] (or its successor) without Cause or you resign for Good Reason at any time during the twelve-month period following such Change of Control, then # without further action by [[ViewRay:Organization]] (or its successor) or [[ViewRay:Organization]]’s board (or its successor’s board), all unvested units or shares issued under [[ViewRay:Organization]]’s Equity Incentive Program shall accelerate and become vested and exercisable as of the date of such termination.

Accelerated Vesting of Equity Awards. Accelerated vesting as to one-hundred percent (100%) of the then unvested portion of all of Executive’s outstanding Company equity awards. If, however, an outstanding Company equity award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the Company equity award will vest as to one-hundred percent (100%) of the amount of the Company equity award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).

Accelerated Vesting of Equity Awards. The Equity Vesting under this [Section 2.2(c)] shall apply only in the event of a Change in Control Related Termination or a Director Event. Subject to the provisions of Sections 2.3 and 2.4 and [Sections 2.6 through 2.8], to the extent not vested immediately prior to a Change in Control, all stock based awards granted to the Participant prior to the Change in Control under the Company’s equity plans, each as amended, including, but not limited to, the Company’s 2016 Omnibus Incentive Plan and 2012 Equity Incentive Plan, or any predecessor or successor plan(s) thereto, that are outstanding as of the date of the Change in Control (including, but not limited to, stock options and shares of restricted stock), or, in the event such stock based awards are not assumed or substituted by the successor in connection with such Change in Control, outstanding immediately prior to the date of the Change in Control, shall become fully vested as of the date of the Change in Control Related Termination. Any stock option, stock appreciation right or similar award that provides for a Participant-elected exercise shall become fully exercisable and will remain exercisable for the applicable period following termination as specified in the applicable equity plan and/or the applicable award agreement. In the case of restricted stock or similar awards that are not subject to a Participant-elected exercise, the Company shall remove any restrictions (other than restrictions required by Federal securities law) or conditions in respect of such award as of the date of the Participant’s Change in Control Related Termination. For the avoidance of doubt, this [Section 2.2(b)] shall apply to any equity awards that, in connection with a Change in Control, # are granted as replacement of the equity awards held by the Participant immediately prior to the Change in Control, and # are outstanding immediately prior to the Change in Control, but are not assumed or substituted by the successor in connection with such Change in Control. Subject to the provisions of Sections 2.3 and 2.4 and [Sections 2.6 through 2.8], to the extent not vested immediately prior to a Change in Control, all stock based awards granted to a Director shall become fully vested as of the date of a Director Event.

Accelerated Vesting of Equity Awards. One hundred percent (100%) of Executive ‘s then-outstanding and unvested Equity Awards will become vested in full and in the case of stock options and stock appreciation rights, will become exercisable (for avoidance of doubt, no more than one hundred percent (l00%) of the shares subject to the outstanding portion of the Equity Awards may vest and become exercisable under this provision). In the case of Equity Awards with performance-based vesting, all performance goal and other vesting criteria will be treated as set forth in Executive ‘s Equity Award agreement governing such Equity Award. For the avoidance of doubt, if the Company terminates Executive’s employment with the Company without Cause (and not by reason of Executive ‘s death or Disability) or if Executive resigns from such employment for Good Reason prior to a Change of Control, then any unvested portion of Executive’s outstanding Equity Awards will remain outstanding for three (3) months or the occurrence of a Change of Control (whichever is earlier) so that any acceleration benefits can be provided if a Change of Control occurs within three (3) months following such termination (provided that in no event will the Equity Award‘s remain outstanding beyond the Equity Award ‘s maximum term or expiration date) . In such case, if no Change of Control occurs within three (3) months following Executive ‘s termination, any unvested portion of Executive’s Equity Awards automatically will be forfeited without having vested.

Change of Control Equity Vesting. The Company will accelerate the vesting of your equity awards such that all shares subject to your equity awards will be deemed vested and exercisable.

Accelerated Vesting of Equity Awards. One hundred percent (100%) of Executive’s then-outstanding and unvested Equity Awards will become vested in full and in the case of stock options and stock appreciation rights, will become exercisable (for avoidance of doubt, no more than one hundred percent (100%) of the shares subject to the outstanding portion of the Equity Awards may vest and become exercisable under this provision). In the case of Equity Awards with performance-based vesting, all performance goals and other vesting criteria will be treated as set forth in Executive’s Equity Award agreement governing such Equity Award. For the avoidance of doubt, if the Company terminates Executive’s employment with the Company without Cause (and not by reason of Executive's death or Disability) or if Executive resigns from such employment for Good Reason prior to a Change of Control, then any unvested portion of Executive’s outstanding Equity Awards will remain outstanding for three (3) months or the occurrence of a Change of Control (whichever is earlier) so that any acceleration benefits can be provided if a Change of Control occurs within three (3) months following such termination (provided that in no event will the Equity Awards remain outstanding beyond the Equity Award's maximum term or expiration date). In such case, if no Change of Control occurs within three (3) months following Executive’s termination, any unvested portion of Executive’s Equity Awards automatically will be forfeited without having vested.

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