Common use of Assumption of Awards Clause in Contracts

Assumption of Awards. In the event of a Change in Control, in connection with which the successor to the Company fails to assume, convert or replace the RSUs, the Time Vesting RSUs, Earned RSUs, and the Change in Control Earned RSUs, to the extent not assumed, will become vested as of immediately prior to the Change in Control.

Appears in 10 contracts

Samples: Restricted Stock Unit Agreement (Invitation Homes Inc.), Restricted Stock Unit Agreement (Invitation Homes Inc.), Restricted Stock Unit Agreement (Invitation Homes Inc.)

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