Common use of Restricted Stock Rights Clause in Contracts

Restricted Stock Rights. All restrictions with respect to restricted stock rights ("RSRs") shall lapse upon a change in Control, and all outstanding RSRs of the Executive shall be immediately settled by a cash payment.

Appears in 4 contracts

Samples: Employment Agreement (Safeco Corp), Change in Control Severance Agreement (Safeco Corp), Change in Control (Safeco Corp)

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Restricted Stock Rights. All restrictions with respect to restricted stock rights ("β€œRSRs"”) shall lapse upon a change Change in Control, and all outstanding RSRs of the Executive shall be immediately settled by a cash payment.

Appears in 3 contracts

Samples: Change in Control Severance Agreement (Liberty Mutual Agency Corp), Severance Agreement (Safeco Corp), Change in Control (Safeco Corp)

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Restricted Stock Rights. All restrictions with respect to restricted stock rights ("RSRs") shall lapse upon a change Change in Control, and all outstanding RSRs of the Executive shall be immediately settled by a cash payment.

Appears in 2 contracts

Samples: Severance Agreement (Safeco Corp), Severance Agreement (Safeco Corp)

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