Common use of Effect of Change in Control on Vesting Clause in Contracts

Effect of Change in Control on Vesting. (A) Subject to Section 6 of this Agreement and Section 14 of the Plan, if full Vesting of RSUs has not occurred by the date of a “Change in Control” (as defined in Paragraph 6(b)), then the Certification requirements set forth in Appendix A shall no longer apply. The RSUs that have not Vested as of the date of Change in Control (“Non-Vested CIC RSUs”) shall Vest, subject to continued Employment and to all other terms and provisions of this Agreement other than the Certification conditions set forth in Appendix A, in one-third (1/3) increments over the immediately following three anniversary dates of the date of the Change in Control.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (DST Systems Inc), Restricted Stock Unit Agreement (DST Systems Inc), Restricted Stock Unit Agreement (DST Systems Inc)

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Effect of Change in Control on Vesting. (A) Subject to Section 6 of this Agreement and Section 14 of the Plan, if full Vesting of RSUs has not occurred by the date of a "Change in Control" (as defined in Paragraph 6(b)), then the Certification requirements set forth in Appendix A shall no longer apply. The RSUs that have not Vested as of the date of Change in Control ("Non-Vested CIC RSUs") shall Vest, subject to continued Employment and to all other terms and provisions of this Agreement other than the Certification conditions set forth in Appendix A, in one-third (1/3) increments over the immediately following three anniversary dates of the date of the Change in Control.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (DST Systems Inc), Restricted Stock Unit Agreement (DST Systems Inc)

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