Common use of Acceleration of Awards Upon a Change in Control Clause in Contracts

Acceleration of Awards Upon a Change in Control. In the event of a Change in Control (as defined in Section 8(b)), all outstanding stock options, restricted stock, and other equity-based awards then held by Executive shall become vested and exercisable. The time and form of payment of such equity-based awards shall be governed by the plans and programs and the agreements and other documents pursuant to which such equity-based awards were granted.

Appears in 4 contracts

Samples: Employment Agreement (Rockville Financial Inc.), Employment Agreement (Rockville Financial Inc.), Employment Agreement (Rockville Financial Inc.)

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Acceleration of Awards Upon a Change in Control. In the event of a Change in Control (as defined in Section 8(b)), or as otherwise provided for hereunder, all outstanding stock options, restricted stock, RSUs and other equity-based awards then granted to and held by Executive shall become vested and exercisable. The time and form of payment of such equity-based awards shall be governed by the plans and programs and the agreements and other documents pursuant to which such equity-based awards were granted.

Appears in 3 contracts

Samples: Employment Agreement (Ims Health Inc), Employment Agreement (Ims Health Inc), Ims Health Inc

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Acceleration of Awards Upon a Change in Control. In the event of a Change in Control (as defined in Section 8(b)), all outstanding stock options, restricted stock, and other equity-based awards then held by Executive shall become vested and and, in the case of options, exercisable. The time and form of payment of such equity-based awards shall be governed by the plans and programs and the agreements and other documents pursuant to which such equity-based awards were granted.

Appears in 1 contract

Samples: Employment Agreement (Rockville Financial Inc.)

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