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

Acceleration of Vesting Upon a Change in Control. In the event of a Change in Control prior to the date on which the Participant is fully vested in the Restricted Stock Units, the Participant automatically shall become 100% vested in the Restricted Stock Units as of the date of the Change in Control.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Brillian Corp), Restricted Stock Unit Agreement (Brillian Corp), Restricted Stock Unit Agreement (Brillian Corp)

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Acceleration of Vesting Upon a Change in Control. In the event of a Change in Control not approved by the Board of Directors of the Company prior to the date on which the Participant is fully vested in the Restricted Stock Units, the Participant automatically shall become 100% vested in the Restricted Stock Units as of the date of the Change in Control.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Smith & Wesson Holding Corp)

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