Change in Control Protections. (a) Upon the occurrence of a Change in Control (as defined in Exhibit A attached hereto), the Stock Option Award (as defined in Section 3(c) hereof) and all other equity awards shall immediately vest and become exercisable.
Appears in 5 contracts
Samples: Employment Agreement (Doral Financial Corp), Employment Agreement (Doral Financial Corp), Employment Agreement (Doral Financial Corp)
Change in Control Protections. (a) Upon the occurrence of a Change in Control (as defined in Exhibit A attached hereto), the Stock Option Award (as defined in Section 3(c) hereof) and all other equity awards shall immediately vest and become exercisableexercisable and all restrictions shall immediately lapse.
Appears in 2 contracts
Samples: Employment Agreement (Doral Financial Corp), Employment Agreement (Doral Financial Corp)
