Outstanding Equity Awards. Any and all outstanding unvested equity awards, such as restricted stock, restricted stock units, stock options, stock appreciation rights, held by you as of the date of a Change in Control shall automatically vest, be deemed exercisable, be deemed non-forfeitable (to the extent not previously vested and non-forfeitable) and all restrictions on such awards shall automatically lapse. This Agreement shall be deemed to be an “employment agreement” within the meaning of the Company’s equity incentive plan(s) and the applicable award agreements thereunder, but only with respect to an award granted on or after the date of this Agreement.
Appears in 5 contracts
Samples: Executive Change in Control and Severance Agreement (NCI, Inc.), Executive Change in Control and Severance Agreement (NCI, Inc.), Executive Change in Control and Severance Agreement (NCI, Inc.)
Outstanding Equity Awards. Any and all outstanding unvested equity awards, such as restricted stock, restricted stock units, stock options, stock appreciation rights, held by you as of the date of a Change in Control shall automatically vest, be deemed exercisable, be deemed non-forfeitable (to the extent not previously vested and non-forfeitable) and all restrictions on such awards shall automatically lapse. This Agreement shall be deemed to be an “employment agreement” within the meaning of the Company’s equity incentive plan(s) and the applicable award agreements thereunder, but only with respect to an award granted on or after the date of this Agreement.
Appears in 3 contracts
Samples: Executive Change in Control and Severance Agreement (NCI, Inc.), Executive Change in Control and Severance Agreement (NCI, Inc.), Executive Change in Control and Severance Agreement (NCI, Inc.)
