Common use of Partial Acceleration Clause in Contracts

Partial Acceleration. Upon the Change in Control, the vesting of your right to exercise each Emulex Option (as defined below) held by you as of the Change in Control based on the length of your continued employment following the grant of such Emulex Option will be accelerated by one year so that your right to exercise such Emulex Option after the Change in Control will be determined as if such Emulex Option had been granted to you one year before the actual date of grant of such Emulex Option; provided, however, that the term and expiration date of, and any other restrictions on your right to exercise, such Emulex Option shall not be affected by the Change in Control; provided further, however, that, if the stock option agreement evidencing such Emulex Option shall provide for acceleration of vesting of your right to exercise such Emulex Option upon a Change in Control which is more favorable to you than the foregoing provisions of this Section 2.1, the acceleration provisions of your stock option agreement shall apply and this Section 2.1 shall be disregarded.

Partial Acceleration. Upon the Change in Control, the vesting of your right to exercise each Emulex Option (as defined below) held by you as of the Change in Control based on the length of your continued employment following the grant of such Emulex Option will be accelerated by one year so that your right to exercise such Emulex Option after the Change in Control will be determined as if such Emulex Option had been granted to you one year before the actual date of grant of such Emulex Option; provided, however, that the term and expiration date of, and any other restrictions on your right to exercise, such Emulex Option shall not be affected by the Change in Control; provided further, however, that, if the stock option agreement evidencing such Emulex Option shall provide for acceleration of vesting of your right to exercise such Emulex Option upon a Change in Control which is more favorable to you than the foregoing provisions of this Section 2.1subparagraph (a), the acceleration provisions of your stock option agreement shall apply and this Section 2.1 subparagraph (a) shall be disregarded.