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 RSUs shall be fully governed by the applicable provisions of Section 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 (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 or Change in Control, whether or not it is a Covered Transaction), the RSUs shall be fully governed by the applicable provisions of Section 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 1 contract

Samples: Incentive Compensation Deferral and Conversion Agreement (Hanover Insurance Group, Inc.)

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