Common use of Continued Vesting of Stock Options Clause in Contracts

Continued Vesting of Stock Options. If the Qualifying Termination does not occur within the 365-day period following a Change in Control, then, for a period of 12 months following the date of the Qualifying Termination, the Executive shall continue to vest, subject to Section 4(a) above, in any outstanding restricted stock or options to purchase stock in the Company. Nothing in this Agreement shall give the Executive the right to receive grants of new options to purchase stock in the Company following a Qualifying Termination.

Continued Vesting of Stock Options. If the Qualifying Termination does not occur within the 365-day period following a Change in of Control, then, for a period of 12 months following the date of the Qualifying Termination, the Executive shall continue to vest, subject to Section 4(a) above, in any outstanding restricted stock or options to purchase stock in the Company. Nothing in this Agreement shall give the Executive the right to receive grants of new options to purchase stock in the Company following a Qualifying Termination.