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

Acceleration of Vesting Upon Change in Control. [In the event that a Change in Control of the Company occurs during the Recipient’s Continuous Service, the shares of Restricted Stock subject to this Agreement shall become immediately vested as of the date of the Change in Control.]

Appears in 5 contracts

Samples: Restricted Stock Agreement, Restricted Stock Agreement (Video River Networks, Inc.), Restricted Stock Agreement (Kid Castle Educational Corp)

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Acceleration of Vesting Upon Change in Control. [In the event that a Change in Control of the Company occurs during the Recipient’s 's Continuous Service, the shares of Restricted Stock subject to this Agreement shall become immediately vested as of the date of the Change in Control.]

Appears in 3 contracts

Samples: Restricted Stock Agreement (Reven Housing REIT, Inc.), Restricted Stock Agreement (Reven Housing REIT, Inc.), Reven Housing (Carpenter Chad M.)

Acceleration of Vesting Upon Change in Control. [In the event that a Change in Control of the Company occurs during the Recipient’s Continuous Service, the shares of Restricted Stock subject to this Agreement shall become immediately vested as of the date of the Change in Control.]

Appears in 2 contracts

Samples: Restricted Stock Agreement (Paysign, Inc.), Restricted Stock Agreement (3pea International, Inc.)

Acceleration of Vesting Upon Change in Control. [In the event that a Change in Control of the Company occurs during the Recipient’s Continuous Service, the shares of Restricted Stock subject to this Agreement shall become immediately vested as of the date of the Change in Control.]

Appears in 2 contracts

Samples: Restricted Stock Agreement (AgroFresh Solutions, Inc.), Restricted Stock Agreement (AgroFresh Solutions, Inc.)

Acceleration of Vesting Upon Change in Control. [In the event that a Change in Control of the Company occurs during the Recipient’s 's Continuous Service, the shares of Restricted Stock subject to this Agreement shall become immediately vested as of the date of the Change in ControlControl unless either (i) the Company is the surviving entity in the Change in Control and the Restricted Stock continues to be outstanding after the Change in Control on substantially the same terms and conditions as were applicable to the Restricted Stock immediately prior to the Change in Control or (ii) the successor company or its parent company assumes, or substitutes for, the Restricted Stock, as determined in accordance with Section 10(c)(ii) of the Plan.]

Appears in 1 contract

Samples: Restricted Stock Agreement (GlassesOff Inc.)

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Acceleration of Vesting Upon Change in Control. [In (i) Except as provided in clause (ii), below, in the event that a Change in Control of the Company occurs during the Recipient’s Continuous Service, the shares of Restricted Stock Units subject to this Agreement shall become immediately vested as of the date of the Change in Control.]

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Surgalign Holdings, Inc.)

Acceleration of Vesting Upon Change in Control. [In the event that a Change in Control Control” (as defined in the Plan) of the Company occurs during the Recipient’s Continuous Service, the shares of Restricted Stock subject to this Agreement shall become immediately vested as of the date of the Change in Control.]

Appears in 1 contract

Samples: Restricted Stock Agreement (Paysign, Inc.)

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