Change in Control Rule. a. If any distribution of 409A RSUs would be triggered by a Change in Control, such distribution will be made only if, in connection with the Change in Control, there occurs a change in the ownership of the Company, a change in effective control of the Company, or a change in the ownership of a substantial portion of the assets of the Company as defined in Treasury Regulation § 1.409A-3(i)(5) (a "409A Change in Control").
Appears in 4 contracts
Samples: Restricted Stock Unit Agreement (Magellan Health Inc), 2016 Management Incentive (Magellan Health Inc), 2016 Management Incentive (Magellan Health Inc)
Change in Control Rule. a. If any distribution of 409A RSUs would be triggered by a Change in Control, such distribution will be made only if, in connection with the Change in Control, there occurs a change in the ownership of the Company, a change in effective control of the Company, or a change in the ownership of a substantial portion of the assets of the Company as defined in Treasury Regulation § 1.409A-3(i)(5) (a "“409A Change in Control"”).
Appears in 4 contracts
Samples: Restricted Stock Unit Agreement (Magellan Health Inc), Performance Based Restricted Stock Unit Agreement (Magellan Health Inc), Restricted Stock Unit Agreement (Magellan Health Services Inc)
