Common use of Covered Transaction/Change in Control Clause in Contracts

Covered Transaction/Change in Control. In the event of a Covered Transaction (other than a Change in Control, whether or not it is a Covered Transaction), the Administrator shall, with respect to the PBRSUs, take one of the actions set forth in Sections 7(a)(1), 7(a)(2) or 7(a)(3) of the Plan. Notwithstanding the terms of the Plan, in the event of a Change in Control (whether or not it is a Covered Transaction), the following rules shall apply:

Appears in 7 contracts

Samples: Restricted Stock Unit Agreement (Hanover Insurance Group, Inc.), Restricted Stock Unit Agreement (Hanover Insurance Group, Inc.), Restricted Stock Unit Agreement (Hanover Insurance Group, Inc.)

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Covered Transaction/Change in Control. In the event of a Covered Transaction (other than a Change in Control, whether or not it is a Covered Transaction), the Administrator shall, with respect to PBRSUs shall be fully governed by the PBRSUs, take one applicable provisions of the actions set forth in Sections 7(a)(1), 7(a)(2) or 7(a)(3Section 7(a) of the Plan. Notwithstanding the terms of the Plan, in the event of a Change in Control (whether or not it is a Covered Transaction), the following rules shall apply:

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement, Restricted Stock Unit Agreement (Hanover Insurance Group, Inc.), Restricted Stock Unit Agreement (Hanover Insurance Group, Inc.)

Covered Transaction/Change in Control. In Subject to Section 6(e), in the event of a Covered Transaction (other than a Change in Control, whether or not it is a Covered Transaction), the Administrator shall, with respect to the PBRSUs, to the extent then outstanding, take one of the actions set forth in Sections 7(a)(1), 7(a)(2) or 7(a)(3) of the Plan. Notwithstanding the terms of the Plan, but subject to Section 6(e), in the event of a Change in Control (whether or not it is a Covered Transaction), the following rules shall apply:: 

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Hanover Insurance Group, Inc.)

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Covered Transaction/Change in Control. In the event of a Covered Transaction (other than a Change in Control, whether or not it is a Covered Transaction), the Administrator shall, with respect to the PBRSUs, to the extent then outstanding, take one of the actions set forth in Sections 7(a)(1), 7(a)(2) or 7(a)(3) of the Plan. Notwithstanding the terms of the Plan, in the event of a Change in Control (whether or not it is a Covered Transaction), the following rules shall apply::  

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Hanover Insurance Group, Inc.)

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