Common use of Effect of Change of Control on Performance-Based Equity Awards Clause in Contracts

Effect of Change of Control on Performance-Based Equity Awards. If Executive is either employed at the time of a Change of Control or Executive’s employment terminates as a result of an Involuntary Termination on or within three (3) months prior to a Change of Control, Executive’s performance-based stock unit awards will be subject to the following provisions:

Appears in 4 contracts

Samples: Severance and Change of Control Agreement (INPHI Corp), Change of Control Severance Agreement (INPHI Corp), Change of Control Severance Agreement (INPHI Corp)

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