Acceleration Clause
A provision that allows for the acceleration of vesting (of shares) or other benefits in the event of specific circumstances, such as a change of control or termination.
Table of Contents
What is Acceleration Clause?
A provision that allows for the acceleration of vesting (of shares) or other benefits in the event of specific circumstances, such as a change of control or termination.
This glossary provides an overview of some key legal terms for startups. It's essential to consult with a legal professional to ensure a comprehensive understanding of these terms and their implications for your specific situation.
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