Common use of Acceleration Upon Change of Control Clause in Contracts

Acceleration Upon Change of Control. Upon the occurrence of a Change of Control prior to November 10, 2010, all then unvested Time Vesting Shares shall immediately vest in full, so long as the Executive is employed with the Company or one of its Subsidiaries on the applicable Change of Control Date.

Appears in 6 contracts

Samples: Restricted Stock Agreement (Generac Holdings Inc.), Restricted Stock Agreement (Generac Holdings Inc.), Restricted Stock Agreement (Generac Holdings Inc.)

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Acceleration Upon Change of Control. Upon the occurrence of a Change of Control prior to November 10February 15, 20102011, all then unvested Time Vesting Shares shall immediately vest in full, so long as the Executive is employed with the Company or one of its Subsidiaries on the applicable Change of Control Date.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Generac Holdings Inc.), Restricted Stock Agreement (Generac Holdings Inc.)

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