Effect on Award of Change in Control Before End of Performance Period. In the event of a Change in Control before the end of the Performance Period as set forth in the Grant Notice, the Performance Period shall end on the day immediately preceding the Change in Control (the “Adjusted Performance Period”). The number of Earned Units and the vesting of those Units shall be determined for the Adjusted Performance Period in accordance with the following:
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Samples: Global Psu Award Agreement (Silicon Laboratories Inc.), Award Agreement (Silicon Laboratories Inc)
Effect on Award of Change in Control Before End of Performance Period. In the event of a Change in Control before the end of the Performance Period as set forth in the Grant Notice, the Performance Period shall end on the day immediately preceding the Change in Control (the “Adjusted Performance Period”). The number of Earned Eligible Units and the vesting of those Units shall be determined for the Adjusted Performance Period in accordance with the following:
Appears in 2 contracts
Samples: Global Psu Award Agreement (Silicon Laboratories Inc), Global Psu Award Agreement (Silicon Laboratories Inc)
Effect on Award of Change in Control Before End of Performance Period. In the event of a Change in Control before the end of the Performance Period as set forth in the Grant Notice, the Performance Period shall end on the day immediately preceding the Change in Control (the “Adjusted Performance Period”)) and the then current Measurement Period (whether the First, Second or Third Measurement Period) shall be deemed to be the Third Measurement Period and shall end on the last day of the Adjusted Performance Period. The number of Earned Units and the vesting of those Units shall be determined for the Adjusted Performance Period in accordance with the following:
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