Common use of Prior to a Change in Control Clause in Contracts

Prior to a Change in Control. In the event that no Change in Control has occurred and Participant’s employment with the Company is terminated due to Participant’s death prior to [●], Participant shall become immediately vested in a number of Performance-Based RSUs equal to (x) the number of completed full months from [●] to the date of Participant’s death divided by (y) [●] multiplied by (z) 100% of the Performance-Based RSUs, effective as of the date of Participant’s death.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (ExlService Holdings, Inc.), Restricted Stock Unit Agreement (ExlService Holdings, Inc.), Restricted Stock Unit Agreement (ExlService Holdings, Inc.)

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Prior to a Change in Control. In the event that no Change in Control has occurred and Participant’s employment with the Company is terminated due to Participant’s death prior to [_____], Participant shall become immediately vested in a number of Performance-Based RSUs equal to (x) the number of completed full months from [_____] to the date of Participant’s death divided by (y) [●] 36 multiplied by (z) 100% of the Performance-Based RSUs, effective as of the date of Participant’s death.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (ExlService Holdings, Inc.)

Prior to a Change in Control. In the event that no Change in Control has occurred and Participant’s employment with the Company is terminated due to Participant’s death prior to [●], Participant shall become immediately vested in a number of Performance-Based RSUs equal to (x) the number of completed full months from [●] ]to the date of Participant’s death divided by (y) [36] multiplied by (z) 100% of the Performance-Based RSUs, effective as of the date of Participant’s death.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (ExlService Holdings, Inc.)

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Prior to a Change in Control. In the event that no Change in Control has occurred and Participant’s employment with the Company is terminated due to Participant’s death prior to [●], Participant shall become immediately vested in a number of Performance-Based RSUs equal to (x) the number of completed full months from [●] to the date of Participant’s death divided by (y) [36] multiplied by (z) 100% of the Performance-Based RSUs, effective as of the date of Participant’s death.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (ExlService Holdings, Inc.)

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