Common use of Change in Control Settlement Clause in Contracts

Change in Control Settlement. Notwithstanding Section 3(a), in the event of a Change in Control, Section 10(c) of the Plan shall apply to RSUs. RSUs shall be settled under Section 3(a) using the Change in Control Price pursuant to Section 10(c) of the Plan applicable to non-Incentive Stock Option holders.

Appears in 3 contracts

Samples: 2004 Restricted Stock Unit Agreement (Crown Media Holdings Inc), Restricted Stock Unit Agreement (Crown Media Holdings Inc), Restricted Stock Unit Agreement (Crown Media Holdings Inc)

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Change in Control Settlement. Notwithstanding Section 3(a), in the event of a Change in Control, Section 10(c) of the Plan shall apply to RSUs. RSUs shall be settled under Section 3(a) using shall use the Change in Control Price pursuant to Section 10(c) of the Plan applicable to non-Incentive Stock Option holders.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Crown Media Holdings Inc)

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