Common use of Effect of a Change in Control Clause in Contracts

Effect of a Change in Control. If a Change in Control occurs during the Performance Period, then you will be entitled to receive, no later than thirty (30) days following the effective date of the Change in Control, the Total Target Number of Shares covered by this Award Agreement without regard to the extent to which the otherwise applicable performance conditions of Section 2 above have been satisfied.

Appears in 9 contracts

Samples: Performance Stock Unit Award Agreement (Merit Medical Systems Inc), Performance Stock Unit Award Agreement (Merit Medical Systems Inc), Performance Stock Unit Award Agreement (Merit Medical Systems Inc)

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Effect of a Change in Control. If a Change in Control occurs during the Performance Period, then you will be entitled to receive, no later than thirty (30) days following the effective date of the Change in Control, the Total Target Number of Shares and Target Cash Incentive covered by this Award Agreement without regard to the extent to which the otherwise applicable performance conditions of Section 2 above have been satisfied.

Appears in 7 contracts

Samples: Performance Stock Unit Award Agreement (Merit Medical Systems Inc), Performance Stock Unit Award Agreement (Merit Medical Systems Inc), Performance Stock Unit Award Agreement (Merit Medical Systems Inc)

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