Common use of Deemed Vesting for Certain Benefits Clause in Contracts

Deemed Vesting for Certain Benefits. The Executive shall be deemed to have met all service and other requirements for full vesting of benefits under all stock option or other stock or equity compensation plans of the Company in which the Executive participates and the stock options held by the Executive shall remain exercisable for the lesser of two years or the duration of their normal terms.

Appears in 11 contracts

Samples: Change in Control Agreement (Phoenix Companies Inc/De), Employment Continuation Agreement (Phoenix Companies Inc/De), Employment Continuation Agreement (Phoenix Companies Inc/De)

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Deemed Vesting for Certain Benefits. The Executive shall be deemed to have met all service and other requirements for full vesting of benefits under all stock option or other stock or equity compensation plans of the Company in which the Executive participates and the stock options held by the Executive shall remain exercisable for the lesser of two [number] years or the duration of their normal terms.

Appears in 2 contracts

Samples: Change in Control Agreement (Phoenix Companies Inc/De), Change in Control Agreement (Phoenix Companies Inc/De)

Deemed Vesting for Certain Benefits. The Executive shall be deemed to have met all service and other requirements for full vesting of benefits under all stock option or other stock or equity compensation plans of the Company in which the Executive participates and the stock options held by the Executive shall remain exercisable for the lesser of two 2 years or the duration of their normal terms.

Appears in 2 contracts

Samples: Change in Control Agreement (Virtus Investment Partners, Inc.), Change in Control Agreement (Virtus Investment Partners, Inc.)

Deemed Vesting for Certain Benefits. The Executive shall be deemed to have met all service and other requirements for full vesting of benefits under all stock option or other stock or equity compensation plans of the Company in which the Executive participates and the stock options held by the Executive shall remain exercisable for the lesser of two [ ] years or the duration of their normal terms.

Appears in 1 contract

Samples: Change in Control Agreement (Phoenix Companies Inc/De)

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Deemed Vesting for Certain Benefits. The Executive shall be deemed to have met all service and other requirements for full vesting of benefits under all stock option or other stock or equity compensation plans of the Company in which the Executive participates and the stock options held by the Executive shall remain exercisable for the lesser of two and one-half years or the duration of their normal terms.

Appears in 1 contract

Samples: Change in Control Agreement (Phoenix Companies Inc/De)

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