Assumption or Replacement. For purposes of this Section 6, this Restricted Stock Unit Award will be considered assumed or replaced if, in connection with the Change of Control transaction and in a manner consistent with Code Section 409A, either (i) the contractual obligations represented by this Award are expressly assumed by the surviving or acquiring entity (or its parent entity) with appropriate adjustments to the number and type of securities subject to this Award that preserves the intrinsic value of this Award existing at the time of the Change of Control transaction, or (ii) you have received a comparable restricted stock unit award that preserves the intrinsic value of this Award existing at the time of the Change of Control transaction and is subject to substantially similar terms and conditions as this Award.
Appears in 7 contracts
Samples: Restricted Stock Unit Award Agreement (Archer-Daniels-Midland Co), Restricted Stock Unit Award Agreement (Archer-Daniels-Midland Co), Restricted Stock Unit Award Agreement (Archer-Daniels-Midland Co)
