Common use of Accelerated Vesting of Options Clause in Contracts

Accelerated Vesting of Options. If the Company enters into a transaction which is a Change in Control Transaction, then all of the Executive's stock options granted prior to the date of completion of the Change in Control Transaction shall become fully vested and exercisable.

Appears in 1 contract

Sources: Employment Agreement (Deltagen Inc)

Accelerated Vesting of Options. If the Company enters into a transaction which is a Change in Control Transaction, then all of the Executive's stock options granted prior to the date of completion of the Change in Control Transaction shall become fully vested and exercisable.

Appears in 1 contract

Sources: Employment Agreement (Deltagen Inc)