Common use of Acceleration of Expiration of Restrictions Clause in Contracts

Acceleration of Expiration of Restrictions. In the event of a Change of Control at a time that Employee is employed by the Company or any of its subsidiaries (or simultaneously with Employee's Termination) and after the date of grant of the Restricted Stock, the Restrictions on the Restricted Stock shall lapse immediately prior to the Change of Control.

Acceleration of Expiration of Restrictions. In the event of a Change of in Control at a time that Employee is employed by the Company or any of its subsidiaries (or simultaneously with Employee's Termination) and after the date of grant of the Restricted Stock), the Restrictions on the Restricted Stock shall lapse immediately prior to the Change in Control. For purposes of this Agreement, "Change in Control" shall have the meaning ascribed to such term in the Employment Agreement.