Acceleration Following Termination Upon Change of Control. The vesting and exercisability of all outstanding, unvested Equity Awards shall be accelerated, such that (i) fifty (50%) percent of Executive’s outstanding Equity Awards vest and accelerate if Executive has been continuously employed by the Company for less than one year and (ii) one hundred (100%) percent of Executive’s outstanding Equity Awards accelerate if Executive has been continuously employed by the Company for one year or longer. Executive shall be entitled to exercise vested Options for the period ending six (6) months following the Termination Date, but in no event later than the expiration date of the Options.
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Sources: Retention and Severance Agreement (Sonicwall Inc), Retention and Severance Agreement (Sonicwall Inc)