Common use of Other Incentive Awards Clause in Contracts

Other Incentive Awards. All other restrictions with respect to outstanding incentive awards of the Executive not described in subsections (A) through (D) of this Section 5.4 shall lapse upon a Change in Control, and such awards shall be fully vested and nonforfeitable.

Appears in 5 contracts

Samples: Change in Control Severance Agreement (Liberty Mutual Agency Corp), Severance Agreement (Safeco Corp), Change in Control (Safeco Corp)

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Other Incentive Awards. All other restrictions with respect to outstanding incentive awards of the Executive not described in subsections (A) through (DC) of this Section 5.4 shall lapse upon a Change in Control, and such awards shall be fully vested and nonforfeitable.

Appears in 4 contracts

Samples: Employment Agreement (Safeco Corp), Severance Agreement (Safeco Corp), Change in Control Severance Agreement (Safeco Corp)

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