Impact of Change in Control. In the event that a Change in Control occurs prior to the termination of the Optionee’s employment with the Company or service as a director of the Company, this Section 16 shall be void and of no further force and effect from and after the Change in Control.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Wilson Bank Holding Co)
Impact of Change in Control. In the event that a Change in Control occurs prior to the termination of the OptioneeGrantee’s employment with the Company or service as a director of the Company, this Section 16 shall be void and of no further force and effect from and after the Change in Control.
Appears in 1 contract
Samples: Stock Appreciation Right Agreement (Wilson Bank Holding Co)
Impact of Change in Control. In the event that a Change in Control occurs prior to the termination of the Optionee’s employment with the Company or service as a director of the Company, this Section 16 shall be void and of no further force and effect from and after the Change in Control.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Wilson Bank Holding Co)
Impact of Change in Control. In the event that a Change in Control occurs prior to (or immediately following) the termination of the Optionee’s employment with the Company or service as a director of the Company, this Section 16 shall be void and of no further force and effect from and after the Change in Control.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Wilson Bank Holding Co)
