Common use of Accelerated Vesting in All Equity Clause in Contracts

Accelerated Vesting in All Equity. If a Change of Control shall ------------------------------------- have occurred, Executive shall be entitled to, immediately upon the date of the Change of Control, accelerated vesting of all unvested stock options and restricted stock that have been granted or sold to the Executive by the Company under any restricted terms, such that following said acceleration, all restrictions as to the sale and ownership of this equity, as imposed by the Company, shall have lapsed.

Appears in 3 contracts

Samples: Change Of (Energizer Holdings Inc), Change of Control (Energizer Holdings Inc), Change Of (Energizer Holdings Inc)

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Accelerated Vesting in All Equity. If a Change of Control shall ------------------------------------- have occurred, Executive shall be entitled to, immediately upon the date of the Change of Control, accelerated vesting of all unvested stock options and restricted stock that have been granted or sold to the Executive by the Company under any restricted terms, such that following said acceleration, all restrictions as to the sale and ownership of this equity, as imposed by the Company, shall have lapsed.

Appears in 3 contracts

Samples: Change of Control (Energizer Holdings Inc), Change of Control (Energizer Holdings Inc), Employment Agreement (Energizer Holdings Inc)

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