Common use of Change in Control Acceleration Clause in Contracts

Change in Control Acceleration. Notwithstanding any contrary terms of any Holdings equity plan or other agreement pursuant to which equity-based awards have been granted to Employee, upon the occurrence of a Change in Control, all such equity-based awards shall fully vest immediately prior to such Change in Control.

Appears in 9 contracts

Samples: Employment Agreement (Allied World Assurance Co Holdings, AG), Employment Agreement (Allied World Assurance Co Holdings, AG), Employment Agreement (Allied World Assurance Co Holdings, AG)

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Change in Control Acceleration. Notwithstanding any contrary terms of any Holdings Company equity plan or other agreement pursuant to which equity-based awards have been granted to Employee, upon the occurrence of a Change in Control, all such equity-based awards shall fully vest immediately prior to such Change in Control.

Appears in 5 contracts

Samples: Employment Agreement (Allied World Assurance Co Holdings, AG), Employment Agreement (Allied World Assurance Co Holdings LTD), Employment Agreement (Allied World Assurance Co Holdings LTD)

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