Acceleration of Exercisability of Option. This Option shall become immediately fully vested and exercisable in the event that, prior to the termination of the Option pursuant to Section 6 hereof, there is a “Change in Control”, as defined in Section 9(b) of the Plan, that occurs during the Optionee’s Continuous Service and such “Change in Control” was not approved by the Board of Directors of the Company.
Appears in 3 contracts
Samples: Non Qualified Stock Option Award Grant Notice and Agreement (American Outdoor Brands, Inc.), Non Qualified Stock Option Award Grant Notice and Agreement (American Outdoor Brands, Inc.), Non Qualified Stock Option Award Grant Notice and Agreement (American Outdoor Brands, Inc.)
Acceleration of Exercisability of Option. This Option [shall] [shall not] become immediately fully vested and exercisable in the event that, prior to the termination of the Option pursuant to Section 6 hereof, there is a “Change in Control”, as defined in Section 9(b7(b) of the Plan, that occurs during while the Optionee’s Continuous Service and such “Change in Control” was not approved by the Board of Directors Optionee is serving as a Director of the Company, or in the event that the Committee or the Board exercises its discretion to provide a cancellation notice with respect to the Option pursuant to Section 6 hereof.
Appears in 1 contract
Samples: Stock Option Agreement (Value Financial Services, Inc.)
Acceleration of Exercisability of Option. This Option shall become immediately fully vested and exercisable in the event that, prior to the termination of the Option pursuant to Section 6 hereof, there is a “Change in Control”, as defined in Section 9(b7(b) of the Plan, that occurs during the Optionee’s Continuous Service and such “Change in Control” was not approved by the Board of Directors of the Company.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Smith & Wesson Holding Corp)
Acceleration of Exercisability of Option. This Option shall become immediately fully vested and exercisable in the event that, prior to the termination of the Option pursuant to Section 6 hereof, there is a “Change in Control”, as defined in Section 9(b7(b) of the Plan, that occurs during the Optionee’s Continuous Service and such “Change in Control” was not approved by the Board of Directors of the Company.
Appears in 1 contract
Samples: Non Qualified Stock Option Award Grant Notice and Agreement (Smith & Wesson Holding Corp)