Common use of Acceleration of Exercisability Clause in Contracts

Acceleration of Exercisability. Notwithstanding the schedule provided in subsection 3.2, the Option will become fully exercisable (unless Participant chooses to decline accelerated Vesting of all or any portion of the Option) upon the occurrence of either: (a) Participant’s death or termination of employment by reason of Disability or Retirement; or (b) A Change in Control Date.

Appears in 7 contracts

Sources: Incentive Stock Option Agreement (Barrett Business Services Inc), Employee Nonqualified Stock Option Agreement (Barrett Business Services Inc), Incentive Stock Option Agreement (Barrett Business Services Inc)

Acceleration of Exercisability. Notwithstanding the schedule provided in subsection 3.2, the Option will become fully exercisable (unless Participant chooses to decline accelerated Vesting of all or any portion of the Option) upon the occurrence of either: (a) Participant’s death or termination of employment withdrawal from the Board by reason of Disability or Retirement; or (b) A Change in Control Date.

Appears in 3 contracts

Sources: Nonqualified Stock Option Agreement (Barrett Business Services Inc), Nonqualified Stock Option Agreement (Barrett Business Services Inc), Award Agreement (Barrett Business Services Inc)

Acceleration of Exercisability. Notwithstanding the schedule provided in subsection 3.2, the Option will become fully exercisable (unless Participant chooses to decline accelerated Vesting of all or any portion of the Option) upon the occurrence of either: (a) Participant’s 's death or termination of employment by reason of Disability or Retirement; or (b) A Change in Control Date.

Appears in 3 contracts

Sources: Employee Nonqualified Stock Option Agreement (Barrett Business Services Inc), Employee Nonqualified Stock Option Agreement (Barrett Business Services Inc), Nonqualified Stock Option Agreement (Barrett Business Services Inc)

Acceleration of Exercisability. Notwithstanding the schedule provided in subsection 3.2, the Option will become fully exercisable (unless Participant chooses to decline accelerated Vesting of all or any portion of the Option) upon the occurrence of either: (a) Participant’s death or termination of employment or service by reason of Disability or Retirement; or (b) A Change in Control Date.

Appears in 2 contracts

Sources: Nonqualified Stock Option Agreement (Barrett Business Services Inc), Nonqualified Stock Option Agreement (Barrett Business Services Inc)

Acceleration of Exercisability. Notwithstanding the schedule provided in subsection 3.2, the Option will become fully exercisable (unless Participant chooses to decline accelerated Vesting of all or any portion of the Option) upon the occurrence of eithereither of the following events prior to the Vesting Date: (a) Participant’s 's death or termination of employment Continuous Service by reason of Disability or Retirement; or (b) A Change in Control Date.

Appears in 1 contract

Sources: Employee Nonqualified Stock Option Agreement (Barrett Business Services Inc)

Acceleration of Exercisability. Notwithstanding the schedule provided in subsection 3.2, the Option will become fully exercisable (unless Participant chooses to decline accelerated Vesting of all or any portion of the Option) upon the occurrence of either: (a) Participant’s 's death or termination of employment by reason of Disability or Retirement; or (b) A Change in Control Date.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Barrett Business Services Inc)

Acceleration of Exercisability. Notwithstanding the schedule provided in subsection 3.2, the Option will become fully exercisable (unless Participant chooses to decline accelerated Vesting of all or any portion of the Option) upon the occurrence of either: (a) Participant’s 's death or termination of employment withdrawal from the Board by reason of Disability or Retirement; or (b) A Change in Control Date.

Appears in 1 contract

Sources: Annual Director Option Agreement (Barrett Business Services Inc)