Common use of Other Vesting Clause in Contracts

Other Vesting. Notwithstanding anything to the contrary contained in this Section 2, all of the Restricted Shares shall vest immediately upon a “Change of Control,” as defined below, at any time prior to the satisfaction of the Vesting Conditions. For purposes of this Agreement, a “Change in Control” shall mean an occurrence of any of the following events:

Appears in 14 contracts

Samples: Restricted Share Agreement With Directors (Ats Corp), Restricted Share Agreement (Ats Corp), Restricted Share Agreement (Ats Corp)

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Other Vesting. Notwithstanding anything to the contrary contained in this Section 2, all of the Restricted Shares shall vest immediately upon a "Change of Control," as defined below, at any time prior to the satisfaction of the Vesting Conditions. For purposes of this Agreement, a "Change in Control" shall mean an occurrence of any of the following events:

Appears in 2 contracts

Samples: Restricted Share Agreement (Ats Corp), Restricted Share Agreement (Ats Corp)

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