Payment upon Change of Control. Upon a Change of Control of the Company (as hereinafter defined) during the Employment Term, Employee shall receive a payment equal to the Severance Payment described in Section 5.02 above, to be paid in a single lump-sum payment, within 45 days following the date of the Change of Control. In addition, all unvested stock options and restricted stock shall immediately vest upon a Change of Control.
Appears in 5 contracts
Samples: Employment Agreement (Us Ecology, Inc.), Employment Agreement (Us Ecology, Inc.), Employment Agreement (Us Ecology, Inc.)
