Effect of Certain Changes. Upon the occurrence of an Acceleration Event, all restrictions then outstanding with respect to the Restricted Shares shall automatically lapse and be of no further force and effect.
Appears in 9 contracts
Samples: Restricted Stock Award Agreement (Anntaylor Stores Corp), Restricted Stock Award Agreement (Anntaylor Stores Corp), Restricted Stock Award Agreement (Anntaylor Stores Corp)
Effect of Certain Changes. Upon the occurrence of an Acceleration Event, all restrictions then outstanding with respect to the Performance Restricted Shares shall automatically lapse and be of no further force and effect.
Appears in 3 contracts
Samples: 2003 Equity Incentive Plan (Ann Inc.), 2003 Equity Incentive Plan (Anntaylor Stores Corp), Restricted Stock Award Agreement (Anntaylor Stores Corp)
