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

Acceleration Upon a Change in Control. In the event of a Change in Control all Non-Statutory Stock Options held by a Participant as of the date of the Change in Control shall immediately become exercisable and shall remain exercisable until the expiration of the term of the Non-Statutory Stock Options.

Appears in 2 contracts

Samples: 1999 Stock Based Incentive Plan (First Bancorp of Indiana Inc), 1999 Stock Based Incentive Plan (First Bancorp of Indiana Inc)

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Acceleration Upon a Change in Control. In the event of a Change in --------------------------------------- Control all Non-Non- Statutory Stock Options held by a Participant as of the date of the Change in Control shall immediately become exercisable and shall remain exercisable until the expiration of the term of the Non-Statutory Stock Options.

Appears in 1 contract

Samples: Stock Based Incentive Plan (First Capital Inc)

Acceleration Upon a Change in Control. In the event of a Change in --------------------------------------- Control all Non-Non- Statutory Stock Options held by a Participant as of the date of the Change in Control shall immediately become exercisable and shall remain exercisable until the expiration of the term of the Non-Statutory Stock Options, regardless of termination of employment or service.

Appears in 1 contract

Samples: Stock Based Incentive Plan (Pulaski Financial Corp)

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Acceleration Upon a Change in Control. In the event of a Change in Control Control, all Non-Statutory Stock Options held by a Participant as of the date of the Change in Control shall immediately become exercisable and shall remain exercisable until the expiration of the term of the Non-Statutory Stock Options.

Appears in 1 contract

Samples: Stock Based Incentive Plan (Pulaski Bancorp Inc)

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