Common use of EFFECT OF CHANGE IN CORPORATE CONTROL Clause in Contracts

EFFECT OF CHANGE IN CORPORATE CONTROL. (a) In the event of a Change in Corporate Control, the vesting of any stock options, restricted stock or other awards granted to the Executive under the terms of the Corporation's 1995 Stock Incentive Plan shall be accelerated (to the extent permitted by the terms of such Plan) and such awards shall become immediately vested in full and, in the case of stock options, exercisable in full.

Appears in 15 contracts

Samples: Employment Agreement (Health Care Reit Inc /De/), Employment Agreement (Health Care Reit Inc /De/), Employment Agreement (Health Care Reit Inc /De/)

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EFFECT OF CHANGE IN CORPORATE CONTROL. (a) In the event of a Change in Corporate Control, the vesting of any stock options, restricted stock or other awards granted to the Executive under the terms of the Corporation's ’s 1995 Stock Incentive Plan shall be accelerated (to the extent permitted by the terms of such Plan) and such awards shall become immediately vested in full and, in the case of stock options, exercisable in full.

Appears in 4 contracts

Samples: Employment Agreement (Health Care Reit Inc /De/), Employment Agreement (Health Care Reit Inc /De/), Employment Agreement (Health Care Reit Inc /De/)

EFFECT OF CHANGE IN CORPORATE CONTROL. (a) In the event of a Change in Corporate Control, the vesting of any stock options, restricted stock awards or other incentive-based awards granted to the Executive under the terms of the CorporationCompany's 1995 Stock Incentive Plan shall be accelerated (to the extent permitted by the terms of such Plan) and such awards shall become immediately vested in full and, in the case of stock options, exercisable in full.

Appears in 4 contracts

Samples: Employment Agreement (Health Care Reit Inc /De/), Employment Agreement (Health Care Reit Inc /De/), Employment Agreement (Health Care Reit Inc /De/)

EFFECT OF CHANGE IN CORPORATE CONTROL. (a) 6.1. In the event of a Change in Corporate Control, the vesting of any restricted stock, stock options, restricted stock options or other awards granted to the Executive under the terms of the CorporationCompany's 1995 Stock Incentive Plan shall be accelerated (to the extent permitted by the terms of such Plan) and such awards stock plans or any written agreement with Executive shall become immediately vested in full and, in the case of stock options, exercisable in full.

Appears in 3 contracts

Samples: Executive Employment Agreement (Villageedocs Inc), Executive Employment Agreement (Villageedocs Inc), Executive Employment Agreement (Villageedocs Inc)

EFFECT OF CHANGE IN CORPORATE CONTROL. (a) In the event of a Change in Corporate Control, the vesting of any stock options, restricted stock or other awards granted to the Executive under the terms of the Corporation's 1995 Stock ’s 2005 Long-Term Incentive Plan shall be accelerated (to the extent permitted by the terms of such Planplans) and such awards shall become immediately vested in full and, in the case of stock options, exercisable in full.

Appears in 2 contracts

Samples: Employment Agreement (Health Care Reit Inc /De/), Employment Agreement (Health Care Reit Inc /De/)

EFFECT OF CHANGE IN CORPORATE CONTROL. (a) In the event of a Change in Corporate Control, the vesting of any stock options, restricted stock or other awards granted to the Executive under the terms of the Corporation's ’s 1995 Stock Incentive Plan or 2005 Long-Term Incentive Plan shall be accelerated (to the extent permitted by the terms of such Planplans) and such awards shall become immediately vested in full and, in the case of stock options, exercisable in full.

Appears in 2 contracts

Samples: Employment Agreement (Health Care Reit Inc /De/), Employment Agreement (Health Care Reit Inc /De/)

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EFFECT OF CHANGE IN CORPORATE CONTROL. (a) In the event of a Change in Corporate Control, the vesting of any restricted stock, stock options, restricted stock options or other awards granted to the Executive under the terms of the CorporationCompany's 1995 Stock Incentive Plan shall be accelerated (to the extent permitted by the terms of such Plan) and such awards stock plans or any written agreement with Executive shall become immediately vested in full and, in the case of stock options, exercisable in full.

Appears in 1 contract

Samples: Employment Agreement (Radiation Therapy Services Inc)

EFFECT OF CHANGE IN CORPORATE CONTROL. (a) In the event of a Change in Corporate Control, the vesting of any stock options, restricted stock options or other awards granted to the Executive under the terms any stock option plan or scheme of the Corporation's 1995 Stock Incentive Plan shall be accelerated (to the extent permitted by the terms of such Plan) and such awards Company shall become immediately vested in full and, in the case of stock options, exercisable in full.. For purposes of this Agreement, a "CHANGE IN CORPORATE CONTROL" shall include any of the following events:

Appears in 1 contract

Samples: Stock Option Agreement (Usa Digital Inc)

EFFECT OF CHANGE IN CORPORATE CONTROL. (a) In the event of a Change in Corporate Control, the vesting of any stock options, restricted stock or other awards granted to the Executive under the terms of any deferred compensation, incentive or other benefit plan maintained by the Corporation's 1995 Stock Incentive Plan , and the Shares granted pursuant to the Special Award, shall all be accelerated (to the extent permitted by the terms of such Plan) and all such awards shall become immediately vested and payable in full and, in the case of stock options, exercisable in full.

Appears in 1 contract

Samples: Employment Agreement (Health Care Reit Inc /De/)

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