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

Acceleration of Option Upon a Change of Control. The Option shall become fully exercisable with respect to all Option Shares in the event of a Change of Control. A "Change of Control" shall mean the first to occur of the following events:

Appears in 3 contracts

Samples: Stock Option Agreement (Tejon Ranch Co), Stock Option Agreement (Tejon Ranch Co), Stock Option Agreement (Tejon Ranch Co)

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Acceleration of Option Upon a Change of Control. The Option shall become fully exercisable with respect to all Option Shares in the event of a Change of Control. A "Change of Control" shall mean the first to occur of the following events:

Appears in 1 contract

Samples: Stock Option Agreement (Tejon Ranch Co)

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