Acceleration of Vesting Upon a Change in Control. In the event of a Change in Control, the vesting of the Units shall be accelerated in full, and the Total Number of Units shall be deemed Vested Units effective as of the consummation of the Change in Control, provided that the Participant’s Service has not terminated prior to such date.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Magnachip Semiconductor LLC), Securities Purchase Agreement (Magnachip Semiconductor LLC)
Acceleration of Vesting Upon a Change in Control. In Subject to Section 4.3, in the event of a Change in Control, the vesting of the Units shall be accelerated in full, full and the Total Number total number of Units shall be deemed Vested Units effective as of the consummation date of the Change in Control, provided that the Participant’s Service has not terminated prior to such date.
Appears in 1 contract
Samples: Restricted Stock Units Agreement (Pico Holdings Inc /New)
Acceleration of Vesting Upon a Change in Control. In the event of a Change in Control, the vesting of the any outstanding but unvested Units shall be accelerated in full, full and the Total Number total number of Units granted hereunder shall be deemed to be Vested Units effective as of the consummation date of the Change in Control, provided that the Participant’s Service has not terminated prior to such date.
Appears in 1 contract
Samples: Deferred Restricted Stock Units Agreement (E TRADE FINANCIAL Corp)
