Reorganization in Which the Company Is the Surviving Entity. Subject to Section 5.3, if the Company shall be the surviving entity in any reorganization, merger or consolidation of the Company with one or more other entities, the Restricted Share Award shall pertain to and apply to the securities to which a holder of the number of Shares subject to the Restricted Share Agreement would have been entitled immediately following such reorganization, merger or consolidation.
Appears in 7 contracts
Samples: Restricted Share Agreement (Colonial Properties Trust), Restricted Share Agreement (Colonial Properties Trust), Employee Share Option and Restricted Share Agreement (Colonial Properties Trust)
