Common use of Acceleration of Vesting Schedule Clause in Contracts

Acceleration of Vesting Schedule. In the event that Employee is -------------------------------- terminated by the Company without Cause, the vesting schedule for any and all unexercised stock options granted to, and then held by, Employee shall accelerate and, in such event, all such options shall be immediately vested, and will be immediately exercisable by Employee, subject to the terms and conditions of the Company's stock option plan(s), Employee's stock option agreement(s) and applicable laws.

Acceleration of Vesting Schedule. In the event that Employee there is a Change -------------------------------- terminated by of Control of the Company without Causeimmediately after which Employee no longer holds the title and responsibilities of Chief Financial Officer (or a position of similar title and responsibilities), the vesting schedule for any and all unexercised stock options granted to, and then held by, Employee shall accelerate and, in such event, all such options shall be immediately vested, and will be immediately exercisable by Employee, subject to the terms and conditions of the Company's stock option plan(s), Employee's stock option agreement(s) and applicable laws.