Immediate Vesting of Stock Options. Upon the occurrence of a Change in Control during the term of this Agreement, all outstanding stock options (and stock appreciation rights, if any) granted to Executive under the Stock Plans shall become 100% vested and thus immediately exercisable. To the extent inconsistent with this immediate vesting requirement, the provisions of this subsection (a) shall constitute an amendment of Executive's stock option agreements issued under the Stock Plans.
Appears in 13 contracts
Samples: Change in Control Agreement (Interface Inc), Change in Control Agreement (Interface Inc), Change in Control Agreement (Interface Inc)