Common use of Effect of Involuntary Termination in Connection with Change in Control Clause in Contracts

Effect of Involuntary Termination in Connection with Change in Control. The Converted Time-Based RSUs shall immediately vest in full in the event of (A) the Participant’s Service is terminated by the Company or a Subsidiary for any reason other than Cause, or (B) the Participant resigns for Good Reason, in each case, at the time of, or within 6 months following, the consummation of a Change in Control (either of such events of termination within such period, a “CIC Termination”).

Appears in 5 contracts

Samples: Global Performance Restricted Stock Unit Award Agreement (Syneos Health, Inc.), Global Performance Restricted Stock Unit Award Agreement (Syneos Health, Inc.), Global Performance Restricted Stock Unit Award Agreement (Syneos Health, Inc.)

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Effect of Involuntary Termination in Connection with Change in Control. The Converted Time-Based RSUs shall will become fully vested immediately vest in full upon the Participant’s termination of Service in the event of that (A) the Participant’s Service is terminated by the Company or a Subsidiary for any reason other than CauseCause (as defined in the Plan), or (B) the Participant resigns for Good Reason, in each case, at the time of, or within 6 twenty-four (24) months following, the consummation of a Change in Control occurring after the Date of Grant (either of such events of termination within such twenty-four-month period, a “CIC Termination”).

Appears in 3 contracts

Samples: Global Restricted Stock Unit Award Agreement (Syneos Health, Inc.), Global Restricted Stock Unit Award Agreement (Syneos Health, Inc.), Global Restricted Stock Unit Award Agreement (Syneos Health, Inc.)

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Effect of Involuntary Termination in Connection with Change in Control. The Converted Time-Based RSUs shall immediately vest in full in the event of (A) the Participant’s Service is terminated by the Company or a Subsidiary for any reason other than Cause, or (B) the Participant resigns for Good Reason, in each case, at the time of, or within 6 during the period commencing on the date three (3) months following, the consummation of prior to a Change in Control and ending twenty-four (24) months following such Change in Control (either of such events of termination within such period, a “CIC Termination”).

Appears in 1 contract

Samples: Global Performance Restricted Stock Unit Award Agreement (Syneos Health, Inc.)

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