Acceleration is the early vesting of securities otherwise subject to a vesting schedule. Single-trigger acceleration typically occurs upon the sale or acquisition of the company. Double-trigger acceleration typically occurs after the occurrence of the above trigger along with the termination without cause or resignation with cause of the subject employee.
Single-Trigger vs. Double-Trigger…
Acceleration is the early vesting of securities otherwise subject to a vesting schedule. Single-trigger acceleration typically occurs upon the sale or acquisition of the company. Double-trigger acceleration typically occurs after the occurrence of the above trigger along with the termination without cause or resignation with cause of the subject employee.