Common use of Stock Incentive Awards Clause in Contracts

Stock Incentive Awards. On the Effective Date, Executive shall become fully vested in and may thereafter exercise in whole or in part, all outstanding stock options, stock appreciation rights, or similar awards (collectively, "Stock Options") and (ii) shall become fully vested in and receive an immediate transfer of all shares of restricted stock, deferred stock and similar awards ("Restricted Shares").

Appears in 5 contracts

Samples: Employment Agreement (Russell Corp), Employment Agreement (Russell Corp), Employment Agreement (Russell Corp)

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Stock Incentive Awards. On the Effective Date, Executive shall become fully vested in and may thereafter exercise in whole or in part, all outstanding stock options, stock appreciation rights, or similar awards (collectively, "Stock Options") and (ii) shall become fully vested in and receive an immediate transfer of all shares of restricted stock, deferred stock and similar awards ("Restricted Shares").

Appears in 1 contract

Samples: Control Employment Agreement (Russell Corp)

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