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

Acceleration Upon a Change in Control. Upon a Change in Control of the Company, all outstanding but unvested Deferred Shares shall become immediately vested and nonforfeitable.

Appears in 3 contracts

Samples: Equity Incentive (Vasco Data Security International Inc), Award Agreement (Vasco Data Security International Inc), Award Agreement (Vasco Data Security International Inc)

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Acceleration Upon a Change in Control. Upon a Change in Control of the Company, all outstanding but unvested Deferred Shares shall become immediately vested and nonforfeitablenon-forfeitable.

Appears in 2 contracts

Samples: Award Agreement (Vasco Data Security International Inc), Award Agreement (Vasco Data Security International Inc)

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