Common use of Effect of Change in Control Clause in Contracts

Effect of Change in Control. The Committee may determine, at the time of granting an Option or thereafter, that such Option shall become exercisable as to all or part of the Shares subject to such Option in the event that a Change in Control occurs with respect to the Company.

Appears in 50 contracts

Samples: 2020 Stock Incentive Plan (Nikola Corp), Business Combination Agreement (Pathfinder Acquisition Corp), 2020 Stock Incentive Plan (Nikola Corp)

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Effect of Change in Control. The Committee may determine, at the time of granting an Option or thereafter, that such Option shall become exercisable as to all or part of the Common Shares subject to such Option in the event that a Change in Control occurs with respect to the Company.

Appears in 2 contracts

Samples: 1998 Stock Incentive Plan (Affymetrix Inc), Stock Plan (Actionpoint Inc)

Effect of Change in Control. The Committee may determine, at in its sole discretion, following the time of granting an Option or thereafter, Grant Date that such Option the Stock Units shall become exercisable vested as to all or part of the Shares subject to such Option the Stock Units in the event that a Change in Control occurs with respect to the Company.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Unit Agreement (Meru Networks Inc), Service Based Restricted Stock Unit Agreement (Meru Networks Inc)

Effect of Change in Control. The Committee may determine, at the time of granting an Option or thereafter, that such Option shall become exercisable as to all or part of the Shares subject to such Option in the event that a Change in Control occurs with respect to the Company.. ​ ​ ​

Appears in 2 contracts

Samples: 2005 Stock Incentive Plan (EGAIN Corp), Stock Incentive Plan (EGAIN Corp)

Effect of Change in Control. The Committee may determine, at the --------------------------- time of granting an Option or thereafter, that such Option shall become exercisable as to all or part of the Shares subject to such Option on an accelerated basis in the event that a Change in Control occurs with respect to the Company (and the Committee shall have the discretion to modify the definition of a Change in Control in a particular Option Agreement). If, at any time, the Committee finds that there is a reasonable possibility that, within six months or less, a Change in Control will occur with respect to the Company, then the Committee may determine that all outstanding Options shall be exercisable on an accelerated basis.

Appears in 1 contract

Samples: Stock Option Plan (American Bingo & Gaming Corp)

Effect of Change in Control. The Committee may determine, at the time of granting an Option or thereafter, that such Option shall become fully exercisable as to all or part of the Common Shares subject to such Option in the event that a Change in Control occurs with respect to the Company. If the Committee finds that there is a reasonable possibility that, within the succeeding six months, a Change in Control will occur with respect to the Company, then the Committee at its sole discretion may determine that any or all outstanding Options shall become fully exercisable as to all Common Shares subject to such Options.

Appears in 1 contract

Samples: 1998 Long Term Stock Incentive Plan (Zilog Inc)

Effect of Change in Control. The Committee may determine, at in its sole discretion, following the time of granting an Option or thereafter, Grant Date that such the Option shall become exercisable as to all or part of the Shares subject to such the Option in the event that a Change in Control occurs with respect to the Company.

Appears in 1 contract

Samples: Inducement Stock Option Agreement (Meru Networks Inc)

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Effect of Change in Control. The Committee may determine, at the time of granting an Option or thereafter, that such Option shall become exercisable as to all or part of the Shares subject to such Option in the event that a Change in Control occurs with respect to the Company.. ARC DOCUMENT SOLUTIONS, INC. 2014 STOCK INCENTIVE PLAN

Appears in 1 contract

Samples: 2014 Stock Incentive Plan (Arc Document Solutions, Inc.)

Effect of Change in Control. The Committee may determine, at the time of granting an Option or thereafter, that such Option shall become fully exercisable as to all or part of the Common Shares subject to such Option in the event that a Change in Control occurs with respect to the Company.

Appears in 1 contract

Samples: 1997 Stock Incentive Plan (Nanogen Inc)

Effect of Change in Control. The Committee may determine, at the time of granting an Option or thereafter, that such Option shall become fully exercisable as to all or part of the Shares subject to such Option in the event that a Change in Control occurs with respect to the Company.

Appears in 1 contract

Samples: 1999 Stock Incentive Plan (Iomai Corp)

Effect of Change in Control. The Committee may determine, at the time of granting an Option or thereafter, that such Option shall become exercisable as to all or part of the Ordinary Shares subject to such Option in the event that a Change in Control occurs with respect to the Company.. GORILLA TECHNOLOGY GROUP INC. 2023 OMNIBUS INCENTIVE PLAN

Appears in 1 contract

Samples: Award Agreement (Gorilla Technology Group Inc.)

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