Common use of Change in Control Vesting Clause in Contracts

Change in Control Vesting. Subject to the provisions of Section 15 of the Plan, if a Change in Control occurs, 100% of the remaining unvested Option Shares shall be immediately vested and exercisable upon the Change in Control and, along with unexercised vested Option Shares, shall remain exercisable through the Expiration Date.

Appears in 8 contracts

Samples: Employment Agreement (Zebra Technologies Corp/De), Employment Agreement (Zebra Technologies Corp/De), Employment Agreement (Zebra Technologies Corp)

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Change in Control Vesting. Subject to the provisions of Section 15 of the Plan, if a Change in Control occurs, 100% of the remaining unvested portion of the Option Shares shall be immediately vested and exercisable upon the such Change in Control and, along with unexercised any unexercised, vested Option Sharesportion of the Option, shall remain exercisable through the Expiration Date.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Zebra Technologies Corp/De), Non Qualified Stock Option Agreement (Zebra Technologies Corp/De), Non Qualified Stock Option Agreement (Zebra Technologies Corp/De)

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