Common use of Acceleration of Delivery upon a Change of Control Clause in Contracts

Acceleration of Delivery upon a Change of Control. In the event of a Change in Control, the full amount of the Stock corresponding to the Participant’s vested Restricted Stock Units shall be distributed to the Participant as soon as administratively practicable following the Change in Control, unless the Board as constituted immediately prior to the Change in Control shall otherwise provide.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Brillian Corp), Restricted Stock Unit Agreement (Brillian Corp), Restricted Stock Unit Agreement (Brillian Corp)

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Acceleration of Delivery upon a Change of Control. In the event of a Change in Control, the full amount of the Common Stock corresponding to the Participant’s vested Restricted Stock Units shall be distributed to the Participant as soon as administratively practicable following on or after the Change in Control, unless the Board as constituted immediately prior to the Change in Control shall otherwise provide.

Appears in 1 contract

Samples: Incentive Stock Plan (Marinemax Inc)

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Acceleration of Delivery upon a Change of Control. In the event of a Change in Control, the full amount of the Stock corresponding to the Participant’s vested Restricted Stock Units shall be distributed to the Participant as soon as administratively practicable following the Change in Control, unless the Board as constituted immediately prior to the Change in Control shall otherwise provide.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Smith & Wesson Holding Corp)

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