Effect of Change in Control Contract Clauses (374)

Grouped Into 14 Collections of Similar Clauses From Business Contracts

This page contains Effect of Change in Control clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Effect of Change in Control. Except to the extent otherwise provided in an Award Agreement, an Employment Agreement or otherwise by the Committee or with respect to a MIP Award, in the event of a Change in Control, notwithstanding any provision of the Plan to the contrary, the Committee may provide that, with respect to all or any portion of a particular outstanding Award or Awards: (a) then outstanding Options and SARs shall become immediately exercisable as of a time prior to the Change in Control; (b) Restricted Period s...hall expire as of a time prior to the Change in Control; and (c) cause Awards previously deferred to be settled in full as soon as practicable. To the extent practicable, any actions taken by the Committee under the immediately preceding clauses (a) through (c) shall occur in a manner and at a time which allows affected Participants the ability to participate in the Change in Control transactions with respect to the Common Stock subject to their Awards. View More
Effect of Change in Control. Except to the extent otherwise provided in an Award Agreement, an Employment Agreement or otherwise by the Committee or with respect to a MIP Award, in the event of a Change in Control, notwithstanding any provision of the this Plan to the contrary, the Committee may provide that, with respect to all or any portion of a particular outstanding Award or Awards: (a) all of the then outstanding Options and SARs shall immediately vest and become immediately exercisable as of a time prior to the Chang...e in Control; (b) the Restricted Period shall expire as of a time prior to the Change in Control; and (c) cause Awards previously deferred to be settled in full as soon as practicable. To the extent practicable, any actions taken by the Committee under the immediately preceding clauses (a) through (c) shall occur in a manner and at a time which allows affected Participants the ability to participate in the Change in Control transactions with respect to the Common Stock subject to their Awards. View More
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Effect of Change in Control. 12.1The occurrence of a Change in Control shall not alone result in the accelerated vesting of an Award; provided that the Committee in an Award Agreement may provide for full vesting and exercisability of an Award in connection with a Change in Control. 12.2In addition, in the event of a Change in Control, the Committee may in its discretion and upon at least 10 days' advance notice to the affected persons, cancel any outstanding Awards and pay to the holders thereof, in cash or stock, or any c...ombination thereof, the value of such Awards based upon the price per share of Common Stock received or to be received by other stockholders of the Company in the event. 12.3The obligations of the Company under the Plan shall be binding upon any successor corporation or organization resulting from the merger, consolidation or other reorganization of the Company, or upon any successor corporation or organization succeeding to all or substantially all of the assets and business of the Company and its Affiliates, taken as a whole. 13.1Amendment of Plan. 13.2Stockholder Approval. 13.3Contemplated Amendments. 13.4No Impairment of Rights. 13.5Amendment of Awards. View More
Effect of Change in Control. 12.1The 12.1 The occurrence of a Change in Control shall not alone result in the accelerated vesting of an Award; provided that the Committee in an Award Agreement may provide for full vesting and exercisability of an Award in connection with a Change in Control. 12.2In 12.2 In addition, in the event of a Change in Control, the Committee may in its discretion and upon at least 10 days' advance notice to the affected persons, cancel any outstanding Awards and pay to the holders thereof, in cash o...r stock, or any combination thereof, the value of such Awards based upon the price per share of Common Stock received or to be received by other stockholders of the Company in the event. 12.3The 12.3 The obligations of the Company under the Plan shall be binding upon any successor corporation or organization resulting from the merger, consolidation or other reorganization of the Company, or upon any successor corporation or organization succeeding to all or substantially all of the assets and business of the Company and its Affiliates, taken as a whole. 13.1Amendment of Plan. 13.2Stockholder Approval. 13.3Contemplated Amendments. 13.4No Impairment of Rights. 13.5Amendment of Awards. View More
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Effect of Change in Control. In the event of a Change in Control of the Company at any time on or after the Date of Grant, the terms of the Plan shall control the vesting of any Shares of Performance Based Restricted Stock which have not become vested in accordance with Section 3 or 4 hereof.
Effect of Change in Control. In the event of a Change in Control of the Company at any time on or after the Date of Grant, the terms of the Plan shall control the vesting of any Shares of Performance Based Restricted Stock which have not become vested in accordance with Section 3 or 4 hereof.
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Effect of Change in Control. All installments of the Option that have not previously matured or expired shall mature upon (i) the Change of Control Date for a Terminating Transaction, failing maturity as provided in (i) above, (ii) upon Participant's Involuntary Termination following a Change of Control Date.
Effect of Change in Control. All installments of the Option Grant that have not previously matured or expired shall mature upon (i) the a Change of Control Date for a Terminating Transaction, or (ii) failing maturity as provided in (i) above, (ii) upon Participant's Involuntary Termination following a Change of Control Date.
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