Effect of a Change of Control. In the event of a Change of Control, all Restricted Units which have not vested, and not been forfeited, in accordance with the terms hereof shall immediately vest and the Forfeiture Restrictions shall lapse as of the date of such Change of Control; provided that you remain employed by the Company or its Affiliates until such Change of Control. The Restricted Units issued to you under this Agreement shall not be subject to cancellation under Section 11.03 of the Plan. For purposes of this Agreement, “Change of Control” shall have the meaning provided in Section 8(a)(i) of the Employment Agreement.
Appears in 4 contracts
Samples: Restricted Unit Award Agreement (Riley Exploration - Permian, LLC), Restricted Unit Award Agreement (Riley Exploration - Permian, LLC), Restricted Unit Award Agreement (Riley Exploration - Permian, LLC)
