Alternative Award. Notwithstanding Section 6(a), no cancellation, termination, or settlement or other payment shall occur with respect to any Option if the Board reasonably determines prior to the Change in Control that the Employee shall receive an Alternative Award meeting the requirements of the Plan.
Appears in 13 contracts
Samples: Employee Stock Option Agreement (SiteOne Landscape Supply, Inc.), Employee Stock Option Agreement (Univar Inc.), Employee Stock Option Agreement (Servicemaster Co, LLC)
Alternative Award. Notwithstanding Section 6(a8(a), no cancellation, termination, or settlement or other payment shall occur with respect to any Option if the Board Administrator reasonably determines prior to the Change in Control that the Employee shall receive an Alternative Award meeting the requirements of the Plan.
Appears in 4 contracts
Samples: Employee Stock Option Agreement (Fidelity & Guaranty Life), Employee Stock Option Agreement (Fidelity & Guaranty Life), Employee Stock Option Agreement (Fidelity & Guaranty Life)
Alternative Award. Notwithstanding Section 6(a), no cancellation, termination, or settlement or other payment shall occur with respect to any Option if the Board reasonably determines prior to the Change in Control that the Employee shall receive an Alternative Award meeting the requirements of the Plan; provided, however, that any such Alternative Award shall be fully vested at the time it is awarded to the Employee.
Appears in 3 contracts
Samples: Employee Stock Option Agreement (Servicemaster Co), Employee Stock Option Agreement (Servicemaster Co), Employee Stock Option Agreement (Servicemaster Co)
Alternative Award. Notwithstanding Section 6(a5(a), no cancellation, termination, or settlement or other payment shall occur with respect to any Option if the Board Administrator reasonably determines prior to the Change in Control that the Employee Associate shall receive an Alternative Award meeting the requirements of the Plan.
Appears in 3 contracts
Samples: Employee Stock Option Agreement (Servicemaster Co, LLC), Employee Stock Option Agreement (Servicemaster Global Holdings Inc), Employee Stock Option Agreement (Servicemaster Global Holdings Inc)
Alternative Award. Notwithstanding Section 6(a7(a), no cancellation, termination, or settlement or other payment shall occur with respect to any Option if the Board reasonably determines prior to the Change in Control that the Employee shall receive an Alternative Award meeting the requirements of the Plan.
Appears in 2 contracts
Samples: Employee Stock Option Agreement (VWR International, Inc.), Employee Stock Option Agreement (VWR International, Inc.)
Alternative Award. Notwithstanding Section 6(a), no cancellation, termination, or settlement or other payment shall occur with respect to any Option if the Board reasonably determines prior to the Change in Control that the Employee shall receive an Alternative Award to the extent permitted under, and meeting the requirements of of, the Plan; provided, that any Alternative Awards received in respect of Performance Options shall be fully vested.
Appears in 2 contracts
Samples: Employee Stock Option Agreement (PharMEDium Healthcare Holdings, Inc.), Employee Stock Option Agreement (PharMEDium Healthcare Holdings, Inc.)
Alternative Award. Notwithstanding Section 6(a6(c), no cancellation, termination, or settlement or other payment shall occur with respect to any Option outstanding at the time of the Change in Control if the Board reasonably determines prior to the Change in Control that the Employee shall receive an Alternative Award to the extent permitted under, and meeting the requirements of, the Plan; provided that Section 8.2(b) of the PlanPlan shall not apply to Upside Options. Any Alternative Award granted in respect of Base Options or vested Upside Options will be fully vested at the time it is awarded to the Employee.
Appears in 1 contract
Samples: Employee Stock Option Agreement (Agilon Health, Inc.)
Alternative Award. Notwithstanding Section 6(a5(a), no cancellation, termination, or settlement or other payment shall occur with respect to any Option if the Board reasonably determines prior to the Change in Control that the Employee Director shall receive an Alternative Award meeting the requirements of the Plan.
Appears in 1 contract
Samples: Director Stock Option Agreement (Hertz Global Holdings Inc)
Alternative Award. Notwithstanding Section 6(a), no cancellation, termination, or settlement or other payment shall occur with respect to any Option pursuant to Section 6(a) if the Board reasonably determines prior to the Change in Control that the Employee shall receive an Alternative Award meeting the requirements of the Plan.
Appears in 1 contract
Samples: Employee Stock Option Agreement (Emergency Medical Services CORP)
Alternative Award. Notwithstanding Section 6(a), no cancellation, termination, or settlement or other payment shall occur with respect to any Option if the Board reasonably determines prior to the Change in Control that the Employee Director shall receive an Alternative Award to the extent permitted under, and meeting the requirements of of, the Plan.
Appears in 1 contract
Samples: Director Stock Option Agreement (PharMEDium Healthcare Holdings, Inc.)
Alternative Award. Notwithstanding Section 6(a5(a), no cancellation, termination, or settlement or other payment shall occur with respect to any Option if the Board reasonably determines prior to the Change in Control that the Employee shall receive an Alternative Award meeting the requirements of the Plan.
Appears in 1 contract
Samples: Employee Stock Option Agreement (Hertz Global Holdings Inc)
