Common use of Qualified Termination after a Change of Control Clause in Contracts

Qualified Termination after a Change of Control. Notwithstanding the provisions in paragraph (a) above, in the event of a Qualified Termination (as defined below), then, to the extent permitted by applicable law, the vesting of Units granted under this Agreement shall be accelerated to vest as of the day immediately prior to the Qualified Termination.

Appears in 13 contracts

Samples: Restricted Stock Unit Agreement (Amgen Inc), Restricted Stock Unit Agreement, Restricted Stock Unit Agreement (Amgen Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!