On Change in Control Date. Upon a Change in Control of the Company wherein the Employee is terminated from the employ of the Company or its Subsidiaries without Cause on the Change in Control Date, the Performance Shares will vest and become non-forfeitable and Common Shares shall be issued on the Change in Control Date to the Employee to facilitate participation and treatment in such transaction.
Appears in 3 contracts
Samples: Performance Shares Grant Agreement (Dollar Thrifty Automotive Group Inc), Performance Shares Grant Agreement (Dollar Thrifty Automotive Group Inc), Performance Shares Grant Agreement (Dollar Thrifty Automotive Group Inc)
On Change in Control Date. Upon a Change in Control of the Company wherein the Employee is terminated from the employ of the Company or its Subsidiaries without Cause on the Change in Control Date, the Performance Shares Units will vest and become non-forfeitable and Common Shares Units shall be issued on the Change in Control Date to the Employee to facilitate participation and treatment in such transaction.
Appears in 1 contract
Samples: Performance Unit Grant Agreement (Dollar Thrifty Automotive Group Inc)
