INVOLUNTARY TERMINATION FOLLOWING CHANGE IN CONTROL. 1. No accelerated vesting of the Purchased Shares shall occur upon a Change in Control, and the Repurchase Right shall continue to remain in full force and effect in accordance with the provisions of the Issuance Agreement. The Participant shall, over Participant's continued period of Service after the Change in Control, continue to vest in the Purchased Shares in accordance with the provisions of the Issuance Agreement. However, immediately upon an Involuntary Termination of Participant's Service within eighteen (18) months following the Change in Control, the Repurchase Right shall terminate automatically and all the Purchased Shares shall vest in full.
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Samples: Stock Issuance Agreement (Us Homecare Corp), Stock Issuance Agreement (Faxsav Inc), Stock Issuance Agreement (Advanced Fibre Communications Inc)
INVOLUNTARY TERMINATION FOLLOWING CHANGE IN CONTROL. 1. No accelerated vesting of the Purchased Shares shall occur upon a Change in Control, and the Repurchase Right shall continue to remain in full force and effect in accordance with the provisions of the Issuance Agreement. The Participant shall, over Participant's continued period of Service after following the Change in Control, continue to vest in the Purchased Shares in one or more installments in accordance with the provisions of the Issuance Agreement. However, immediately upon an Involuntary Termination of Participant's Service within eighteen twelve (1812) months following the Change in Control, the Repurchase Right shall terminate automatically and all the Purchased Shares shall vest in full.
Appears in 2 contracts
Samples: Stock Issuance Agreement (Calpine Corp), Stock Issuance Agreement (Willis Lease Finance Corp)
INVOLUNTARY TERMINATION FOLLOWING CHANGE IN CONTROL. 1. No accelerated vesting of the Purchased Shares shall occur upon a Change in Control, and the Repurchase Right shall continue to remain in full force and effect in accordance with the provisions of the Issuance Agreement. The Participant shall, over Participant's continued period of Service after following the Change in Control, continue to vest in the Purchased Shares in one or more installments in accordance with the provisions of the Issuance Agreement. However, immediately upon an Involuntary Termination of Participant's Service within eighteen (18) months following the Change in Control, the Repurchase Right shall terminate automatically and all the Purchased Shares shall vest in full.
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INVOLUNTARY TERMINATION FOLLOWING CHANGE IN CONTROL. 1. No accelerated vesting of the Purchased Shares shall occur upon a Change in Control, and the Repurchase Right shall continue to remain in full force and effect in accordance with the provisions of the Issuance Agreement. The Accordingly, the Participant shall, over Participant's continued period of Service after following the Change in Control, continue to vest in the Purchased Shares in one or more installments in accordance with the provisions of the Issuance Agreement. However, immediately upon an Involuntary Termination of Participant's Service within eighteen (18) months following the Change in Control, the Repurchase Right shall terminate automatically and all the Purchased Shares shall vest in full.
Appears in 1 contract
Samples: Stock Issuance Agreement (Genesys Telecommunications Laboratories Inc)
INVOLUNTARY TERMINATION FOLLOWING CHANGE IN CONTROL. 1. No accelerated vesting of the Purchased Shares shall occur upon a Change in Control, and the Repurchase Right shall continue to remain in full force and effect in accordance with the provisions of the Issuance Agreement. The Participant shall, over Participant's continued period of Service after the Change in Control, continue to vest in the Purchased Shares in accordance with the provisions of the Issuance Agreement. However, immediately upon an Involuntary Termination of Participant's Service within eighteen twelve (1812) months following the Change in Control, the Repurchase Right shall terminate automatically and all the Purchased Shares shall vest in full.
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INVOLUNTARY TERMINATION FOLLOWING CHANGE IN CONTROL. 1. No accelerated vesting of the Purchased Shares shall occur upon a Change in Control, and the Repurchase Right shall continue to remain in full force and effect in accordance with the provisions of the Issuance Agreement. The Participant shall, over Participant's ’s continued period of Service after the Change in Control, continue to vest in the Purchased Shares in accordance with the provisions of the Issuance Agreement. However, immediately upon an Involuntary Termination of Participant's ’s Service within eighteen twelve (1812) months following the Change in Control, the Repurchase Right shall terminate automatically and all the Purchased Shares shall vest in full.
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