Extended Stock Option/Stock Appreciation Right Post-Termination Exercise Period. With respect to any stock options or stock appreciation rights granted to Executive on or after the Effective Date (the “Affected Stock Option/SARs”), each such Affected Stock Option/SARs shall automatically have its post-termination exercise period extended to the later of (A) twelve (12) months following Executive’s termination date, or (B) the 90-days following the lapse of any underwriter lock-up period or Company-imposed ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ blackout period then in-effect on the date of Executive’s termination date; provided, however, that any such extension shall be limited to the maximum original term of the Affected Stock Option/SARs (as provided under the respective plan under which such Stock Option/SARs was granted).
Appears in 4 contracts
Sources: Severance Agreement (Aerohive Networks, Inc), Severance Agreement (Aerohive Networks, Inc), Severance Agreement (Aerohive Networks, Inc)
Extended Stock Option/Stock Appreciation Right Post-Termination Exercise Period. With respect to any stock options or stock appreciation rights granted to Executive on or after the Effective Date (the “Affected Stock Option/SARs”), each such Affected Stock Option/SARs SAR shall automatically have its post-termination exercise period extended to the later of (A) twelve (12) months following Executive’s termination date, or (B) the 90-days following the lapse of any underwriter lock-up period or Company-imposed ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ blackout period then in-effect on the date of Executive’s termination date; provided, however, that any such extension shall be limited to the maximum original term of the Affected Stock Option/SARs SAR (as provided under the respective award agreement or the plan under which such Affected Stock Option/SARs SAR was granted)) .
Appears in 3 contracts
Sources: Severance Agreement (Aerohive Networks, Inc), Severance Agreement (Flynn David K.), Severance Agreement (Aerohive Networks, Inc)
Extended Stock Option/Stock Appreciation Right Post-Termination Exercise Period. With respect to any stock options or stock appreciation rights granted to Executive on or after the Effective Date (the “Affected Stock Option/SARs”SARs “), each such Affected Stock Option/SARs shall automatically have its post-termination exercise period extended to the later of (A) twelve (12) months following Executive’s termination date, or (B) the 90-days following the lapse of any underwriter lock-up period or Company-imposed ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ blackout period then in-effect on the date of Executive’s termination date; provided, however, that any such extension shall be limited to the maximum original term of the Affected Stock Option/SARs (as provided under the respective plan under which such Stock Option/SARs was granted).
Appears in 2 contracts
Sources: Severance Agreement (Aerohive Networks, Inc), Severance Agreement (Aerohive Networks, Inc)
Extended Stock Option/Stock Appreciation Right Post-Termination Exercise Period. With respect to any stock options or stock appreciation rights granted to Executive on or after the Effective Date (the “Affected Stock Option/SARsSARs ”), each such Affected Stock Option/SARs shall automatically have its post-termination exercise period extended to the later of (A) twelve (12) months following Executive’s termination date, or (B) the 90-days following the lapse of any underwriter lock-up period or Company-imposed ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ blackout period then in-effect on the date of Executive’s termination date; provided, however, that any such extension shall be limited to the maximum original term of the Affected Stock Option/SARs (as provided under the respective plan under which such Stock Option/SARs was granted).
Appears in 2 contracts
Sources: Severance Agreement (Aerohive Networks, Inc), Severance Agreement (Aerohive Networks, Inc)
Extended Stock Option/Stock Appreciation Right Post-Termination Exercise Period. With respect to any stock options or stock appreciation rights granted to Executive on or after the Effective Date (the “Affected Stock Option/SARs”), each such Affected Stock Option/SARs SAR shall automatically have its post-termination exercise period extended to the later of (A) twelve (12) months following Executive’s termination date, or (B) the 90-days following the lapse of any underwriter lock-up period or Company-imposed insi▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ blackout ckout period then in-effect on the date of Executive’s termination date; provided, however, that any such extension shall be limited to the maximum original term of the Affected Stock Option/SARs SAR (as provided under the respective award agreement or the plan under which such Affected Stock Option/SARs SAR was granted)) .
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Extended Stock Option/Stock Appreciation Right Post-Termination Exercise Period. With respect to any stock options or stock appreciation rights granted to Executive on or after the Effective Date (the “Affected Stock Option/SARs”SARs “), each such Affected Stock Option/SARs shall automatically have its post-termination exercise period extended to the later of (A) twelve (12) months following Executive’s termination date, or (B) the 90-days following the lapse of any underwriter lock-up period or Company-imposed ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ insider trading blackout period then in-effect on the date of Executive’s termination date; provided, however, that any such extension shall be limited to the maximum original term of the Affected Stock Option/SARs (as provided under the respective plan under which such Stock Option/SARs was granted).
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