Common use of CHANGE IN CONTROL EQUITY-BASED BENEFITS Clause in Contracts

CHANGE IN CONTROL EQUITY-BASED BENEFITS. If a Change in Control occurs, any benefits Executive may be entitled to with respect to any equity-based compensation shall be determined in accordance with the applicable plans and award agreements. In the event of any conflict between the terms of any such plans or award agreement and Section 2(c) of this Agreement, the terms of such plan or award agreement shall control.

Appears in 10 contracts

Samples: Change in Control Agreement (Babcock & Wilcox Co), Change in Control Agreement (Babcock & Wilcox Co), Change in Control Agreement (Babcock & Wilcox Co)

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CHANGE IN CONTROL EQUITY-BASED BENEFITS. If a Change in Control occurs, any benefits Executive may be entitled to with respect to any equity-based compensation shall be determined in accordance with the applicable plans and award agreements. In the event of any conflict between the terms of any such plans plan or award agreement and Section 2(c2(a)(iii) of this Agreement, the terms of such plan or award agreement shall control.

Appears in 8 contracts

Samples: Change in Control Agreement (McDermott International Inc), Change in Control Agreement (McDermott International Inc), Change in Control Agreement (McDermott International Inc)

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