Common use of Acceleration of Options Clause in Contracts

Acceleration of Options. 6.1 Notwithstanding the provision of any agreement to the contrary, in the event of a Change of Control, the Corporation shall, subject to necessary regulatory approvals (which shall be vigorously pursued by the Corporation) cause all of the Executive’s existing unvested stock options to be accelerated and vested immediately upon the Change of Control.

Acceleration of Options. 6.1 Notwithstanding the provision of any agreement to the contrary, in the event of a Change of Control, the Corporation shall, subject to Board of Director approval and any subsequent and necessary regulatory approvals (which shall be vigorously pursued by the Corporation) cause all of the Executive’s existing unvested stock options to be accelerated and vested immediately upon the Change of Control.

Acceleration of Options. 6.1 Notwithstanding the provision of any agreement to the contrary, in the event of a Change of Control, the Corporation shall, subject to necessary regulatory approvals (which shall be vigorously pursued by the Corporation) cause all of the Executive’s existing unvested stock options or other Long Term Incentive Plan awards to be accelerated and vested immediately upon the Change of Control.

Acceleration of Options. 6.1 Notwithstanding the provision of any agreement to the contrary, in the event of a Change of Control, the Corporation shall, subject to necessary regulatory approvals (which shall be vigorously pursued by the Corporation) cause all of the Executive’s 's existing unvested stock options or other Long Term Incentive Plan awards to be accelerated and vested immediately upon the Change of Control.

Acceleration of Options. 6.1 Notwithstanding the provision of any agreement to the contrary, in the event of a Change of Control, the Corporation shall, subject to necessary regulatory approvals (which shall be vigorously pursued by the Corporation) cause all of the Executive’s 's existing unvested stock options to be accelerated and vested immediately upon the Change of Control. Further, any vested stock options which may be held in an escrow account will become immediately releasable to the Executive.