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

Effect of Change in Control on Vesting. Upon a Change of Control, the unvested portion of any equities granted to the Employee by the Company shall immediately vest and become exercisable by the Employee. For purposes of this Agreement, a "Change in Control" shall mean the occurrence of any of the following:

Appears in 3 contracts

Samples: Employment Agreement (Arc Communications Inc), Employment Agreement (Arc Communications Inc), Employment Agreement (Roomlinx Inc)

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Effect of Change in Control on Vesting. Upon a Change of Control, -------------------------------------- the unvested portion of any equities granted to the Employee by the Company Option shall immediately vest and become exercisable by the EmployeeExecutive. For purposes of this Agreement, a "Change in Control" shall mean the occurrence of any of the following:

Appears in 1 contract

Samples: Employment Agreement (Stronghold Technologies Inc)

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