Acceleration of Option. The Option shall become fully exercisable ---------------------- immediately prior to a Change in Control. A Change in Control shall mean the following: a reorganization, merger (not including a merger to effectuate a reincorporation of the Company) or consolidation of the Company as a result of which the outstanding securities of the class then subject to this Plan are exchanged for or converted into cash, property and/or securities not issued by the Company.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (Gottlieb Daniel M), Nonqualified Stock Option Agreement (Lebowitz Steven D), 1993 Stock Incentive Plan (G&l Realty Corp)
Acceleration of Option. The Option shall become fully ---------------------- exercisable ---------------------- immediately prior to a Change in Control. A Change in Control shall mean the following: a reorganization, merger (not including a merger to effectuate a reincorporation of the Company) or consolidation of the Company as a result of which the outstanding securities of the class then subject to this Plan are exchanged for or converted into cash, property and/or securities not issued by the Company.
Appears in 2 contracts
Samples: Qualified Stock Option Agreement (Gottlieb Daniel M), Qualified Stock Option Agreement (Lebowitz Steven D)
Acceleration of Option. The Option shall become fully exercisable ---------------------- immediately prior to a Change in Control. A Change in Control shall mean the following: a reorganization, merger (not including a merger to effectuate a reincorporation of the Company) or consolidation of the Company as a result of which the outstanding securities of the class then subject to this Plan are exchanged for or converted into cash, property and/or securities not issued by the Company, unless such reorganization, merger or consolidation shall have been affirmatively recommended to the stockholders of the Company by the Board of Directors (the "Board").
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (G&l Realty Corp)
Acceleration of Option. The Option shall become fully exercisable ---------------------- immediately prior to a Change in Control. A Change in Control shall mean the followingmean: a reorganization, merger (not including a merger to effectuate a reincorporation of the Company) or consolidation of the Company as a result of which the outstanding securities of the class then subject to this the Plan are exchanged for or converted into cash, property and/or an/or securities not issued by the Company, unless such reorganization, merger or consolidation shall have been affirmatively recommended to the stockholders of the Company by the Board.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Finish Line Inc /In/)
Acceleration of Option. The Option shall become fully exercisable ---------------------- immediately prior to a Change in Control. A Change in Control shall mean the following: a reorganization, merger (not including a merger to effectuate a reincorporation of the Company) or consolidation of the Company as a result of which the outstanding securities of the class then subject to this Plan are exchanged for or converted into cash, property and/or securities not issued by the Company.. (d)
Appears in 1 contract
Acceleration of Option. The Option shall become fully exercisable ---------------------- immediately prior to a Change in Control. A Change in Control shall mean the followingmean: a reorganization, merger (not including a merger to effectuate a reincorporation of the Company) or consolidation of the Company as a result of which the outstanding securities of the class then subject to this the Plan are exchanged for or converted into cash, property and/or securities not issued by the Company, unless such reorganization, merger or consolidation shall have been affirmatively recommended to the stockholders of the Company by the Board.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Finish Line Inc /In/)
