Common use of Cash Payment Upon a Change of Control Clause in Contracts

Cash Payment Upon a Change of Control. Notwithstanding anything herein to the contrary, upon or immediately prior to the occurrence of any Change of Control of the Company, Participant’s right to receive Restricted Units and Premium Restricted Units shall be settled by a cash payment to Participant equal to the product of (i) the Fair Market Value per share of Common Stock on the date immediately preceding the date on which the Change of Control occurs and (ii) the total number of Restricted Units and Premium Restricted Units granted. Such cash payment shall satisfy the rights of Participant and the obligations of the Company under this Award Agreement in full.

Cash Payment Upon a Change of Control. Notwithstanding anything herein to the contrary, upon or immediately prior to the occurrence of any Change of Control of the Company, Participant’s right to receive Restricted Units and Premium Restricted Units Stock shall be settled by a cash payment to Participant equal to the product of (i) the Fair Market Value per share of Common Stock on the date immediately preceding the date on which the Change of Control occurs and (ii) the total number of Restricted Units and shares of Premium Restricted Units Stock granted. Such cash payment shall satisfy the rights of Participant and the obligations of the Company under this Award Agreement in full.

Cash Payment Upon a Change of Control. Notwithstanding anything herein to the contrary, upon or immediately prior to the occurrence of any Change of Control of the Company, Participant’s right to receive Restricted Units and Premium Restricted Units Shares shall be settled by a cash payment to Participant equal to the product of (i) the Fair Market Value value per share of Common Stock on the date immediately preceding the date on which the Change of Control occurs and (ii) the total number of Restricted Units and Premium Restricted Units grantedShares not previously vested or forfeited pursuant to Section 3 or Section 4. Such cash payment shall satisfy the rights of Participant and the obligations of the Company under this Award Agreement in full.

Cash Payment Upon a Change of Control. Notwithstanding anything herein to the contrary, upon or immediately prior to the occurrence of any Change of Control of the Company, Participant’s right to receive Restricted Units and Premium Restricted Units Shares shall be settled by a cash payment to Participant equal to the product of (i) the Fair Market Value value per share of Common Stock on the date immediately preceding the date on which the Change of Control occurs and (ii) the total number of Restricted Units and Premium Restricted Units Shares granted. Such cash payment shall satisfy the rights of Participant and the obligations of the Company under this Award Agreement in full.