Change in Control and Other Events Causing Acceleration of Option. All Options shall become fully exercisable immediately prior to a Change in Control or the dissolution or liquidation of the Company while the Optionee is employed by the Company. In addition, the Committee, in its sole discretion, may accelerate the exercisability of the Option at any time and for any reason.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Douglas Dynamics, Inc), Incentive Stock Option Agreement (Douglas Dynamics, Inc), Management Incentive Option Agreement (Douglas Dynamics, Inc)
Change in Control and Other Events Causing Acceleration of Option. All Options shall become fully exercisable immediately prior to (i) a Change in Control of the Company, (ii) a sale of all or substantially all of the assets, in a single or a series of related transactions, of the Company or NuCO2, or (iii) the dissolution or liquidation of the Company Company, in each such case, while the Optionee is employed by the Company. In addition, the Committee, in its sole discretion, may accelerate the exercisability of the Option at any time and for any reason.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Nuco2 Inc /Fl), Incentive Stock Option Agreement (Nuco2 Inc /Fl)
Change in Control and Other Events Causing Acceleration of Option. All Options shall become fully exercisable immediately prior to a Change in Control or the dissolution or liquidation of the Company while the Optionee is employed by a member of the CompanyBoard of Directors of the Company or any of its subsidiaries. In addition, the Committee, in its sole discretion, may accelerate the exercisability of the Option at any time and for any reason.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Douglas Dynamics, Inc), Non Qualified Stock Option Agreement (Aircraft Braking Services, Inc.)
Change in Control and Other Events Causing Acceleration of Option. All Options shall become fully exercisable immediately prior to a Change in Control or the dissolution or liquidation of the Company while the Optionee is employed by the CompanyCompany or any of its subsidiaries. In addition, the Committee, in its sole discretion, may accelerate the exercisability of the Option at any time and for any reason.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Aircraft Braking Services, Inc.), Incentive Stock Option Agreement (Aircraft Braking Services, Inc.)
