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

Qualifying Termination Prior to a Change of Control. If Grantee has a “Qualifying Termination” (as defined in Appendix A) that occurs prior to a “Change of Control” (as defined in Appendix A) and before the final Vesting Date, Grantee shall vest in a pro-rata portion of Grantee’s unvested Restricted Stock Units, with the pro-rata amount calculated by (x) multiplying the total number of Restricted Stock Units subject to this Award by a fraction with (i) a numerator equaling the number of whole calendar months that have elapsed from the Grant Date to the date of Xxxxxxx’s termination, and (ii) a denominator equal to 36, and then (y) subtracting the number of Restricted Stock Units that have already vested under this Award.

Qualifying Termination Prior to a Change of Control. If Grantee has a “Qualifying Termination” (as defined in Appendix A) that occurs prior to a “Change of Control” (as defined in Appendix A) and before the final Vesting Date), Grantee shall vest in a pro-rata portion of Grantee’s unvested Restricted Stock UnitsStock, with the pro-rata amount calculated by (x) multiplying the total number of shares of Restricted Stock Units subject to this Award by a fraction with (i) a numerator equaling the number of whole calendar months that have elapsed from the Grant Date to the date of XxxxxxxGrantee’s termination, and (ii) a denominator equal to 36, and then (y) subtracting the number of shares of Restricted Stock Units that have already vested under this Award.