EXCHANGE DUE TO CHANGE OF CONTROL Sample Clauses

EXCHANGE DUE TO CHANGE OF CONTROL. ‌ If a company (Acquiring Company) obtains control of the Company as a result of a Change of Control and the Company, the Acquiring Company and the Participant agree, a Participant may, in respect of any vested Awards that are exercised, be provided with shares of the Acquiring Company, or its parent, in lieu of Shares, on substantially the same terms and subject to substantially the same conditions as the Shares, but with appropriate adjustments to the number and kind of shares subject to the Awards.
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