Common use of Adjustment; Change in Control Clause in Contracts

Adjustment; Change in Control. In the event of certain transactions during the Restricted Period, the Restricted Stock shall be subject to adjustment as provided in Section 3(d) of the Plan or any applicable successor provision under the Plan. In the event of a Change in Control before the Restricted Stock vests, the restrictions applicable to the Restricted Stock shall lapse, and such Restricted Stock shall become free of all restrictions and become fully vested and transferable in full, consistent with Section 10(a)(ii) of the Plan.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Unum Group), Restricted Stock Agreement With Employee (Unum Group), Restricted Stock Agreement (Unum Group)

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Adjustment; Change in Control. In the event of certain transactions during the Restricted Period, the Restricted Stock Units shall be subject to adjustment as provided in Section 3(d) of the Plan or any applicable successor provision under the Plan. In the event of a Change in Control before the Restricted Stock vestsUnits vest, the restrictions applicable to the Restricted Stock Units shall lapse, and such Restricted Stock Units shall become free of all restrictions and become fully vested and transferable in fullvested, consistent with Section 10(a)(ii10(a)(iii) of the Plan.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Unum Group), Restricted Stock Unit Agreement (Unum Group)

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