IAC Restricted Stock. Shares of IAC Restricted Stock that are outstanding immediately prior to the Effective Time shall be treated in the Separation in the same manner as other outstanding shares of IAC Common Stock are treated in the Separation and will otherwise be subject to the same terms and conditions (including vesting conditions) applicable to such shares of IAC Restricted Stock immediately prior to the Separation.
Appears in 5 contracts
Samples: Employee Matters Agreement (Tree.com, Inc.), Employee Matters Agreement (Ticketmaster), Employee Matters Agreement (Ticketmaster)