Common use of Distributions Upon a Change in Control Clause in Contracts

Distributions Upon a Change in Control. If the Participant is entitled to a benefit pursuant to Section 5(b) or 5(c) hereof in connection with a Change in Control, then this RSU Award shall be settled by one or more distributions to the Participant of:

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Centerpoint Energy Inc), Restricted Stock Unit Award Agreement (Centerpoint Energy Inc), Restricted Stock Unit Award Agreement (Centerpoint Energy Inc)

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Distributions Upon a Change in Control. If the Participant is entitled to a benefit pursuant to Section 5(b4(b) or 5(c4(c) hereof in connection with a Change in Control, then this RSU Award shall be settled by one or more distributions a distribution to the Participant of:

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Centerpoint Energy Inc), Restricted Stock Unit Award Agreement (Centerpoint Energy Inc)

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