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 Stock Options 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: Non Qualified Stock Option Agreement (Hanover Insurance Group, Inc.), Non Qualified Stock Option Agreement (Hanover Insurance Group, Inc.), Non Qualified Stock Option Agreement (Hanover Insurance Group, Inc.)
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 Stock Options Option 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: Non Qualified Stock Option Agreement (Hanover Insurance Group, Inc.)
