Common use of Accelerated Vesting Due to Acquisition Clause in Contracts

Accelerated Vesting Due to Acquisition. In accordance, with Section 7(e) of the Plan, immediately prior to the consummation of an Acquisition (as defined in the Plan), 100% of all Unvested Shares then outstanding shall become Vested Shares.

Appears in 1 contract

Sources: Restricted Stock Award Agreement (Acell Inc)

Accelerated Vesting Due to Acquisition. In accordance, accordance with Section 7(e) of the Plan, immediately prior to the consummation of an Acquisition (as defined in the Plan), 100% of all Unvested Shares then outstanding shall become Vested Shares.

Appears in 1 contract

Sources: Restricted Stock Award Agreement (Acell Inc)