Common use of In Connection With a Change in Control Clause in Contracts

In Connection With a Change in Control. In the event that the Executive’s employment is terminated without Cause or for Good Reason within the ninety (90) days immediately preceding or during the eighteen (18) months immediately following a Change in Control of the Company (as defined in Section 4.5.4 of this Agreement), the vesting of the Option shall be fully accelerated such that on the effective date of such termination one hundred percent (100%) of the Option and any other equity award shares granted to Executive prior to such termination shall be fully vested and immediately exercisable by the Executive.

Appears in 5 contracts

Samples: Executive Employment Agreement (Horizon Therapeutics Public LTD Co), Executive Employment Agreement, Executive Employment Agreement (Horizon Pharma, Inc.)

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In Connection With a Change in Control. In the event that the Executive’s employment is terminated without Cause or for Good Reason within the ninety (90) days immediately preceding or during the eighteen (18) months immediately following a Change in Control of the Company (as defined in Section 4.5.4 of this Agreement), the vesting of the Option Option, the RSU Award and any other Company equity awards granted to Executive shall be fully accelerated such that on the effective date of such termination (or, if later, the date of the Change in Control) one hundred percent (100%) of the Option and any other equity award shares granted to Executive prior to such termination shall be fully vested and immediately exercisable exercisable, if applicable, by the Executive.

Appears in 2 contracts

Samples: Executive Employment Agreement (Horizon Pharma PLC), Executive Employment Agreement (Horizon Pharma, Inc.)

In Connection With a Change in Control. In the event that the Executive’s employment is terminated without Cause or for Good Reason within the ninety (90) days immediately preceding or during the eighteen (18) months immediately following a Change in Control of the Company (as defined in Section 4.5.4 of this Agreement), the vesting of the Option any Company equity awards granted to Executive shall be fully accelerated such that on the effective date of such termination (or, if later, the date of the Change in Control) one hundred percent (100%) of the Option and any other equity award shares granted to Executive prior to such termination shall be fully vested and immediately exercisable exercisable, if applicable, by the Executive.

Appears in 1 contract

Samples: Executive Employment Agreement (Horizon Pharma PLC)

In Connection With a Change in Control. In the event that the Executive’s employment is terminated without Cause or for Good Reason within the ninety (90) days immediately preceding or during the eighteen (18) months immediately following a Change in Control of the Company (as defined in Section 4.5.4 of this Agreement), the vesting of the Option Inducement Option, the New Hire Option, the RSU Award and any other Company equity awards granted to Executive shall be fully accelerated such that on the effective date of such termination one hundred percent (100%) of the Option and any other equity award shares granted to Executive prior to such termination shall be fully vested and immediately exercisable exercisable, if applicable, by the Executive.

Appears in 1 contract

Samples: Executive Employment Agreement (Horizon Pharma, Inc.)

In Connection With a Change in Control. In the event that the Executive’s employment is terminated without Cause or for Good Reason within the ninety (90) days immediately preceding or during the eighteen twelve (1812) months immediately following a Change in Control of the Company (as defined in Section 4.5.4 4.5.3) of this Agreement)the Company, the vesting of the Option and the Stock Award shall be fully accelerated such that on the effective date of such termination one hundred percent (100%) of the Option and any other equity award Stock Award shares granted to Executive prior to such termination shall be fully vested and immediately exercisable by the Executiveexercisable.

Appears in 1 contract

Samples: Employment Agreement (Idm Pharma, Inc.)

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In Connection With a Change in Control. In the event that the Executive’s employment is terminated without Cause or for Good Reason within the ninety (90) days immediately preceding or during the eighteen (18) months immediately following a Change in Control of the Company (as defined in Section 4.5.4 of this Agreement), the vesting of the Option shall be fully accelerated such that on the effective date of such termination one hundred percent (100%) of the Option and any other equity award shares granted to the Executive prior to such termination shall be fully vested accelerated and such awards shall become immediately exercisable by the Executive.

Appears in 1 contract

Samples: Executive Employment Agreement (Horizon Pharma, Inc.)

In Connection With a Change in Control. In the event that the Executive’s employment is terminated without Cause or for Good Reason within the ninety (90) days immediately preceding or during the eighteen twelve (1812) months immediately following a Change in Control of the Company (as defined in Section 4.5.4 below) of this Agreement)the Company, the vesting of the Option and the Stock Award shall be fully accelerated such that on the effective date of such termination one hundred percent (100%) of the Option and any other equity award Stock Award shares granted to Executive prior to such termination shall be fully vested and immediately exercisable by the Executiveexercisable.

Appears in 1 contract

Samples: Employment Agreement (Idm Pharma, Inc.)

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