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Common use of Accelerated or Continued Vesting Clause in Contracts

Accelerated or Continued Vesting. All unvested Units shall vest in full upon the occurrence of a Change in Control that occurs while you continue to be a Service Provider.

Appears in 2 contracts

Sources: Restricted Stock Unit Award Agreement (Surmodics Inc), Restricted Stock Unit Award Agreement (Surmodics Inc)

Related Clauses

  • Accelerated Vesting
  • Accelerated Vesting of Equity Awards
  • Restricted Period; Vesting
  • Option Vesting
  • Acceleration of Vesting

Parent Clauses

  • Vesting of Units
  • Vesting and Exercisability of Option
  • Vesting and Exercisability of Stock Option
  • Scheduled Vesting
  • Information Required in the Registration Statement

Sub-Clauses

  • Change in Control
  • Death or Disability
  • Retirement
  • Termination by the Company without Cause or Voluntarily by You for Good Reason
  • Disability
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