Common use of Effect of Change in Control Clause in Contracts

Effect of Change in Control. In the event of a Change in Control at any time on or after the Date of Grant, all shares of Restricted Stock which have not become vested in accordance with Section 3 or 4 hereof shall vest, and the restrictions on such Restricted Stock shall lapse, immediately.

Appears in 13 contracts

Samples: Restricted Stock Award Agreement (Healthier Choices Management Corp.), Restricted Stock Award Agreement (Healthier Choices Management Corp.), Restricted Stock Award Agreement (Healthier Choices Management Corp.)

AutoNDA by SimpleDocs

Effect of Change in Control. In the event of a Change in Control at any time on or after the Date of Grant, all shares Shares of Restricted Stock which have not become vested in accordance with Section 3 or 4 hereof shall vest, and the restrictions on such Restricted Stock shall lapse, immediately.

Appears in 8 contracts

Samples: Restricted Stock Award Agreement (Healthcare Integrated Technologies Inc.), Restricted Stock Award Agreement, Restricted Stock Award Agreement (Community Health Systems Inc)

Effect of Change in Control. In the event of a Change in Control at any time on or after the Date of Grant, all shares Shares of Performance Based Restricted Stock which have not become vested in accordance with Section 3 or 4 hereof shall vest, and the restrictions on such Performance Based Restricted Stock shall lapse, immediately.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Award Agreement (Community Health Systems Inc), Agreement (Community Health Systems Inc)

Effect of Change in Control. In the event of a Change in Control at any time on or after the Date of Grant, all shares Shares of Formula Restricted Stock which have not become vested in accordance with Section 3 or 4 hereof shall vest, and the restrictions on such Formula Restricted Stock shall lapse, immediately.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Wendys International Inc), Formula Restricted Stock Award Agreement (Wendys International Inc)

Effect of Change in Control. In the event of a Change in Control at any time on or after the Date of Grant, all shares Shares of Restricted Stock which have not become vested in accordance with Section 3 or 4 hereof shall vest, and the restrictions on such Restricted Stock shall lapse, immediately.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (BeBop Channel Corp)

Effect of Change in Control. In the event of a Change in Control at any time on or after the Issue Date of Grant(but not before the Issue Date), all shares Shares of Restricted Stock which have not become vested in accordance with Section 3 or 4 6 hereof shall vest, and the restrictions on such Restricted Stock shall lapse, immediately.

Appears in 1 contract

Samples: Performance Share Award Agreement (Wendys International Inc)

Effect of Change in Control. In the event of a Change in Control of the Company at any time on or after the Date of Grant, all shares Shares of Restricted Stock which have not become vested in accordance with Section 3 or 4 hereof shall vest, and the restrictions on such Restricted Stock thereon shall immediately lapse, immediately.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Community Health Systems Inc)

AutoNDA by SimpleDocs

Effect of Change in Control. In the event of a Change in Control of the Company at any time on or after the Date of Grant, all shares Shares of Performance Based Restricted Stock which have not become vested in accordance with Section 3 or 4 hereof shall vest, and the restrictions on such Performance Based Restricted Stock shall immediately lapse, immediately.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Community Health Systems Inc)

Effect of Change in Control. In the event of a Change in Control at any time on or after the Date of Grant, all shares of Restricted Stock which remain outstanding and have not become vested in accordance with Section 3 or 4 hereof shall vest, and the restrictions on such Restricted Stock shall lapse, immediately. 6.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Pani Corp.)

Effect of Change in Control. In the event of a Change in Control at any time on or after the Date of Grant, all shares of Restricted Stock which remain outstanding and have not become vested in accordance with Section 3 or 4 hereof shall vest, and the restrictions on such Restricted Stock shall lapse, immediately.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Pani Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!