Common use of Post-CIC Entity Does Not Assume Equity Awards Clause in Contracts

Post-CIC Entity Does Not Assume Equity Awards. If, upon the occurrence of a Change of Control, the Post-CIC Entity does not Assume all options to purchase Invacare stock, all shares of restricted stock, all restricted stock units or all performance shares that have been granted to the Executive pursuant to any award agreement, plan or arrangement sponsored by Invacare and which remain outstanding as of the date of the Change of Control, and notwithstanding any other provision to the contrary contained in any award agreement, plan or arrangement, then:

Appears in 8 contracts

Samples: Invacare Corporation Agreement (Invacare Corp), Invacare Corporation Agreement (Invacare Corp), Invacare Corporation Agreement (Invacare Corp)

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