Acceleration of Vesting Event

Acceleration of Vesting Event. An "Acceleration of Vesting Event" shall mean a Change of Control Event as defined in paragraph 3(d) occurring after the Grant Date followed by a Termination as defined in paragraph 3(t). A "Full Acceleration of Vesting Event" shall mean an Acceleration of Vesting Event where a majority of the Continuing Outside Directors do not approve the Change of Control Event. For purposes of the foregoing, the failure of the Continuing Outside Directors to approve or disapprove the transaction will be... construed as nonapproval. A "Partial Acceleration of Vesting Event" shall mean an Acceleration of Vesting Event other than a Full Acceleration of Vesting Event. View More