CHANGE IN CONTROL/HOSTILE TAKE-OVER. Should a Change in Control transaction or a Hostile Take-Over occur during your period of service as a Board member, any Units at the time subject to your Award will vest immediately prior to the consummation of the Change in Control or Hostile Take-Over. The Shares subject to those vested Units will be issued immediately (or otherwise converted into the right to receive the same consideration per share of Common Stock payable to the other shareholders of the Corporation in consummation of the Change in Control, if applicable).
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (Broadcom Corp), Restricted Stock Unit Award Agreement (Broadcom Corp), Restricted Stock Unit Award Agreement (Broadcom Corp)
