Covered Transaction. In the event of a Covered Transaction, the Administrator may require that any amounts delivered, exchanged, or otherwise paid in respect of outstanding and then unvested Options be placed in escrow or otherwise made subject to such restrictions as the Administrator deems appropriate to carry out the intent of the Plan.
Appears in 6 contracts
Samples: Employee Stock Option Award (LPL Financial Holdings Inc.), Employee Stock Option Award (LPL Financial Holdings Inc.), Senior Executive Stock Option Award (LPL Financial Holdings Inc.)
Covered Transaction. In the event of a Covered Transaction, the Administrator may require that any amounts delivered, exchanged, or otherwise paid in respect of the outstanding and then unvested Options portion of this Award be placed in escrow or otherwise made subject to such restrictions as the Administrator deems appropriate to carry out the intent of the Plan.
Appears in 5 contracts
Samples: Restricted Stock Unit Award Agreement (Acceleron Pharma Inc), Restricted Stock Unit Award Agreement (Acceleron Pharma Inc), Restricted Stock Unit Award Agreement (Acceleron Pharma Inc)
Covered Transaction. In the event of a Covered Transaction, the Administrator may require that any amounts delivered, exchanged, or otherwise paid in respect of the outstanding and then unvested Options portion of the Award be placed in escrow or otherwise made subject to such restrictions as the Administrator deems appropriate to carry out the intent of the Plan.
Appears in 5 contracts
Samples: Employee Restricted Stock Unit (LPL Financial Holdings Inc.), Supplemental Executive Restricted Stock Unit (LPL Financial Holdings Inc.), Employee Restricted Stock Unit Award (LPL Financial Holdings Inc.)
Covered Transaction. In the event of a Covered TransactionTransaction that is not a Change in Control, the Administrator may require that any amounts delivered, exchanged, or otherwise paid in respect of the outstanding and then unvested Options portion of this Award be placed in escrow or otherwise made subject to such restrictions as the Administrator deems appropriate to carry out the intent of the Plan.
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Acceleron Pharma Inc), Restricted Stock Unit Award Agreement (Acceleron Pharma Inc)
Covered Transaction. In the event of a Covered Transaction, the Administrator may require that any amounts delivered, exchanged, or otherwise paid in respect of the outstanding and then unvested Options portion of the Award be placed in escrow or otherwise made subject to such restrictions as the Administrator deems appropriate to carry out the intent of the Plan not inconsistent with Section 2(c) of the Plan.
Appears in 1 contract
Samples: Employee Performance Stock Unit (LPL Financial Holdings Inc.)
