Common use of Options and Stock Appreciation Rights Clause in Contracts

Options and Stock Appreciation Rights. Upon a Change in Control or upon termination of the Executive's employment without cause during the Change in Control Period or voluntary termination by the Executive of the Executive's employment for Good Reason during the Change in Control Period, all unvested and unexercised Options and Rights granted to the Executive shall vest immediately and shall become exercisable in accordance with the terms of each such Option or Right or the plan governing each such Option or Right.

Appears in 6 contracts

Samples: Executive Employment Agreement (Celestica Inc), Executive Employment Agreement (Celestica Inc), Executive Employment Agreement (Celestica Inc)

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Options and Stock Appreciation Rights. Upon a Change in Control or upon termination of the Executive's ’s employment without cause during the Change in Control Period or voluntary termination by the Executive of the Executive's ’s employment for Good Reason during the Change in Control Period, all unvested and unexercised Options and Rights granted to the Executive shall vest immediately and shall become exercisable in accordance with the terms of each such Option or Right or the plan governing each such Option or Right.

Appears in 3 contracts

Samples: Executive Employment Agreement (Celestica Inc), Executive Employment Agreement (Celestica Inc), Executive Employment Agreement (Celestica Inc)

Options and Stock Appreciation Rights. Upon a Change in Control or upon termination of the Executive's ’s employment without cause during the Change in Control Period or voluntary termination by the Executive of the Executive's ’s employment for Good Reason during the Change in Control Period, all unvested and unexercised Options and Rights granted to the Executive shall vest immediately and shall become exercisable in accordance with the terms of each such Option or Right or the plan governing each such Option or Right.

Appears in 1 contract

Samples: Executive Employment Agreement (Celestica Inc)

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Options and Stock Appreciation Rights. Upon a Change in Control or upon termination of the Executive's employment without cause during the Change in Control Period or voluntary termination by the Executive of the Executive's employment for Good Reason during the Change in Control Period, all unvested and unexercised Options and Rights granted to the Executive shall vest immediately and shall become exercisable in accordance with the terms of each such Option or Right or the plan governing each such Option or Right.

Appears in 1 contract

Samples: Executive Employment Agreement (Celestica Inc)

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