Common use of Effect of Certain Changes Clause in Contracts

Effect of Certain Changes. (a) In the event of the dissolution or liquidation of the Company, any corporate separation or division of the Company, including but not limited to, a split‑up, split‑off or spin‑off, or other similar transactions, the Committee may, in its sole discretion, provide that either:

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Forward Air Corp), Nonqualified Stock Option Agreement (Forward Air Corp), Nonqualified Stock Option Agreement (Forward Air Corp)

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Effect of Certain Changes. (a) In the event of the dissolution or liquidation of the Company, any corporate separation or division of the Company, including but not limited to, a split‑upsplit-up, split‑off split-off or spin‑offspin-off, or other similar transactions, the Committee may, in its sole discretion, provide that either:

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Forward Air Corp), Nonqualified Stock Option Agreement (Forward Air Corp)

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