Common use of Change in Control Rule Clause in Contracts

Change in Control Rule. a. If any distribution of 000X XXXx 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 2 contracts

Samples: Restricted Stock Unit Agreement (Magellan Health Inc), Restricted Stock Unit Agreement (Magellan Health Inc)

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Change in Control Rule. a. If any Any distribution of 000X 400X XXXx would be triggered by a Change in Control, such distribution Control 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 1 contract

Samples: 2004 Stock Award and Incentive Plan (Charming Shoppes Inc)

Change in Control Rule. a. d. If any distribution of 000X XXXx 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 1 contract

Samples: Restricted Stock Unit Agreement (Magellan Health Inc)

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Change in Control Rule. a. If any distribution of 000X XXXx 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 1 contract

Samples: Restricted Stock Unit Agreement (Magellan Health Inc)

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