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Common use of Change in Control Vesting Clause in Contracts

Change in Control Vesting. The shares of Common Stock underlying the Award may also vest on an alternative basis in accordance with Paragraph 5 should a Change in Control occur prior to the completion of the Measurement Period. Issuance Schedule: The shares of Common Stock which actually vest and become issuable pursuant to the terms of this Agreement shall be issued in accordance with the provisions of this Agreement applicable to the particular circumstances under which such vesting occurs. The actual issuance of the shares shall be subject to the Corporation’s collection of all applicable Withholding Taxes as set forth in Paragraph 7 of this Agreement.

Appears in 4 contracts

Samples: Restricted Stock Unit Issuance Agreement (SJW Group), Restricted Stock Unit Issuance Agreement (SJW Group), Restricted Stock Unit Issuance Agreement (SJW Group)