Change in Control & Termination of Employment. Subject to the provisions of Section 15 of the Plan, in the event a Change in Control occurs during the Period of Restriction and the Participant’s employment is terminated by the Company and/or any Subsidiary without Cause or is terminated by the Participant for Good Reason during the period beginning 120 days before and ending one (1) year after such Change in Control, any Restricted Stock which is unvested as of the date of the Change in Control shall be accelerated upon such a termination of employment and shall vest as follows:
Appears in 5 contracts
Samples: Lti Restricted Stock Agreement (Zebra Technologies Corp/De), Employment Agreement (Zebra Technologies Corp/De), Restricted Stock Agreement (Zebra Technologies Corp/De)
Change in Control & Termination of Employment. Subject to the provisions of Section 15 of the Plan, in the event a Change in Control occurs during the Vesting Period of Restriction and the Participant’s employment is terminated by the Company and/or any Subsidiary without Cause or is terminated by the Participant for Good Reason during the period beginning 120 days before and ending one (1) year after such Change in Control, any Restricted Stock Option Shares which is are unvested as of the date of the Change in Control shall be accelerated upon such a termination of employment and shall vest as follows:
Appears in 1 contract
Samples: Lti Non Qualified Stock Option Agreement (Zebra Technologies Corp/De)
