Common use of Other Stock Awards Clause in Contracts

Other Stock Awards. As of Executive's date of termination, all restrictions on all shares of restricted stock (or other performance shares, performance units or deferred shares) awarded to Executive under the Interface, Inc. Omnibus Stock Incentive Plan (or any other Stock Plan) shall lapse, and such shares and awards shall become 100% vested. To the extent inconsistent with this immediate vesting requirement, the provisions of this paragraph (v) shall constitute an amendment of Executive's restricted stock agreements issued under the Stock Plans.

Appears in 12 contracts

Samples: Change in Control Agreement (Interface Inc), Change in Control Agreement (Interface Inc), Change in Control Agreement (Interface Inc)

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Other Stock Awards. As of Executive's date of termination, all restrictions on all shares of restricted stock (or other performance shares, performance units or deferred shares) awarded to Executive Executive, if any, under the Interface, Inc. Omnibus Stock Incentive Plan (or any other Stock Plan) shall lapse, and such shares and awards shall become 100% vested. To the extent inconsistent with this immediate vesting requirement, the provisions of this paragraph (v) shall constitute an amendment of Executive's the restricted stock agreements issued under the Stock Plans.

Appears in 1 contract

Samples: Change in Control Agreement (Interface Inc)

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