Common use of Accelerated Vesting of Equity Compensation Clause in Contracts

Accelerated Vesting of Equity Compensation. In the event of a Change in Control, all unvested stock option grants or restricted stock awards shall vest immediately prior to the effective date of the Change in Control.

Appears in 7 contracts

Samples: Executive Employment Agreement (World Air Holdings, Inc.), Executive Employment Agreement (World Air Holdings, Inc.), Executive Employment Agreement (World Air Holdings, Inc.)

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