Common use of Future Options Clause in Contracts

Future Options. Any other equity award made to Executive following the Effective Date in addition to the Option which is subject to vesting or forfeiture (each such equity award, a "Future Option") shall also vest immediately with respect to 100% of any then unvcsted or unreleased shares upon a Termination Other Than For Cause.

Appears in 2 contracts

Sources: Employment Agreement (NewCardio, Inc.), Employment Agreement (NewCardio, Inc.)

Future Options. Any other equity award made to Executive following the Effective Date in addition to the Option which is subject to vesting or forfeiture (each such equity award, a "Future Option") shall also vest immediately with respect to 100% of any then unvcsted unvested or unreleased shares upon a Termination Other Than For Cause.

Appears in 1 contract

Sources: Employment Agreement (NewCardio, Inc.)