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)
Restricted Stock Rights. All restrictions with respect to restricted stock rights ("βRSRs"β) 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)
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)