Common use of No Acceleration of Vesting Clause in Contracts

No Acceleration of Vesting. The Options granted pursuant to this Agreement shall not be subject to any Optionee right of accelerated vesting whether granted by contract, resolution or otherwise, to Optionee prior to the date of this Agreement. Optionee understands and agrees, that by signing this Agreement and accepting the Options granted hereunder, and notwithstanding any prior right to acceleration of vesting granted or afforded Optionee, the Options granted hereunder shall not be subject to acceleration of vesting unless such right is duly granted to Optionee subsequent to the date of this Agreement. By signing this Agreement, Optionee specifically agrees to this provision as a condition to grant of the Options hereunder and this Agreement serves to amend any prior right to acceleration of vesting, but only with regard to the Options granted hereunder. Nothing in this provision or Agreement shall serve to affect any rights of acceleration of vesting, if applicable, that may have attached to Options granted to Optionee prior to the date of this Agreement.