Acceleration of Option. Notwithstanding Section 3, but subject to earlier termination, the Option granted hereby shall become immediately exercisable in full in the event of a Change of Control.
Appears in 6 contracts
Samples: Form of Nonqualified Stock Option Agreement Non Employee Director (Georgia Gulf Corp /De/), 2006 Nonqualified Stock Option Agreement (Georgia Gulf Corp /De/), Form of Nonqualified Stock Option Agreement Executive (Georgia Gulf Corp /De/)
Acceleration of Option. Notwithstanding Section 3, but subject to earlier termination, the Option granted hereby shall become immediately exercisable in full in the event of a Change of Control.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Mainsource Financial Group)
Acceleration of Option. Notwithstanding Section 3, but subject to earlier termination3 hereof, the Option granted hereby shall become immediately exercisable in full in the event of a Change of in Control.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (MTC Technologies Inc)
Acceleration of Option. Notwithstanding Section 3, but subject to earlier termination, the Option granted hereby shall become immediately exercisable in full in the event of a Change of Control, as defined in the 1999 Plan.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Scottish Annuity & Life Holdings LTD)
Acceleration of Option. Notwithstanding Section 3, but subject to earlier termination, the Option granted hereby shall become immediately exercisable in full in the event of a Change of Control.. Change of Control shall mean the occurrence of any of the following events shall have occurred:
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Scottish Annuity & Life Holdings LTD)
