Stock Option Plan. (A) Any of Xx. Xxxxxx'x Options and Stock Appreciation Rights under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx is subject to Section 16(b) of the Exchange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx under Section 16(b) of the Exchange Act, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act. (B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Restricted Stock as of the Termination Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant. (C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx under the Stock Performance Plan as of the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 4 contracts
Samples: Change in Control Agreement (Savannah Electric & Power Co), Change in Control Agreement (Savannah Electric & Power Co), Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Xxxxxxxxx'x Options and Stock Appreciation Rights under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Xxxxxxxxx is subject to Section 16(b) of the Exchange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Xxxxxxxxx under Section 16(b) of the Exchange Act, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Xxxxxxxxx'x Restricted Stock as of the Termination Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Xxxxxxxxx under the Stock Performance Plan as of the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 3 contracts
Samples: Change in Control Agreement (Savannah Electric & Power Co), Change in Control Agreement (Savannah Electric & Power Co), Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Xxxxxxx'x Options and Stock Appreciation Rights under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Xxxxxxx is subject to Section 16(b) of the Exchange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Xxxxxxx under Section 16(b) of the Exchange Act, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Xxxxxxx'x Restricted Stock as of the Termination Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Xxxxxxx under the Stock Performance Plan as of the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 2 contracts
Samples: Change in Control Agreement (Savannah Electric & Power Co), Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Xxxxxxxx'x Options and Stock Appreciation Rights under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Xxxxxxxx is subject to Section 16(b) of the Exchange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Xxxxxxxx under Section 16(b) of the Exchange Act, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Xxxxxxxx'x Restricted Stock as of the Termination Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Xxxxxxxx under the Stock Performance Plan as of the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 2 contracts
Samples: Change in Control Agreement (Savannah Electric & Power Co), Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Franklin's Options and Stock Appreciation Rights Apprecxxxxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Franklin is subject to Section 16(b) of the Exchange xx xxx Xxxhange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Franklin under Section 16(b) of the Exchange ActXxxxxxxx Xxt, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. Franklin's Restricted Stock as of the Termination txx Xxxxxxxxxxx Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Franklin under the Stock Performance Plan as of Performancx Xxxx xx xx the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Evans's Options and Stock Appreciation Rights Appreciatxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Evans is subject to Section 16(b) of the Exchange ox xxx Xxxhange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Evans under Section 16(b) of the Exchange ActExxxxxxx Xxt, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. Evans' Restricted Stock as of the Termination Txxxxxxxxxn Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Evans under the Stock Performance Plan as of Pxxx xx xx the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Xxxxx'x Options and Stock Appreciation Rights under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Xxxxx is subject to Section 16(b) of the Exchange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Xxxxx under Section 16(b) of the Exchange Act, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Xxxxx'x Restricted Stock as of the Termination Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Xxxxx under the Stock Performance Plan as of the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Miller's Options and Stock Appreciation Rights under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Miller is subject to Section 16(b) of the Exchange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions action would result in liability to Xx. Xxxxxx Mr. Miller under Section 16(b) of the xxx Exchange Act, provided further, that any such actions not taken as a result of the rules under of Section 16(b) of the Exchange Act shall be effected effective as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Restricted Mr. Miller's Xxxxxxxxxx Stock as of the Termination Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Miller under the Performance Stock Performance Plan as of the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Ratcliffe's Options and Stock Appreciation Xxxxxxxxxxon Rights under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Ratcliffe is subject to Section 16(bSxxxxxx 00(x) of the Exchange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Ratcliffe under Section 16(b) of the Exchange xxx Xxchange Act, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. Ratcliffe's Restricted Stock as of the Termination Stxxx xx xx xxx Xermination Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Ratcliffe under the Stock Performance Xxxxxxxxxxx Plan as of the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Pershing's Options and Stock Appreciation Rights under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Pershing is subject to Section 16(b) of the Exchange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions action would result in liability to Xx. Xxxxxx Mr. Pershing under Section 16(b) of xx the Exchange Act, provided further, that any such actions not taken as a result of the rules under of Section 16(b) of the Exchange Act shall be effected effective as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Restricted Mr. Pershing's Xxxxxxxxxx Stock as of the Termination Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Pershing under the Performance Stock Performance Plan as of the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Stock Option Plan. (A) Any of Xx. Xxxxxx'x XxXxxxx'x Options and Stock Appreciation Rights under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx XxXxxxx is subject to Section 16(b) of the Exchange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx XxXxxxx under Section 16(b) of the Exchange Act, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x XxXxxxx'x Restricted Stock as of the Termination Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx XxXxxxx under the Stock Performance Plan as of the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Klappa's Options and Stock Appreciation Rights Apprecixxxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Klappa is subject to Section 16(b) of the Exchange xx xxx Xxchange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Klappa under Section 16(b) of the Exchange ActXxxxxxxx Xct, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. Klappa's Restricted Stock as of the Termination thx Xxxxxxxxxxn Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Klappa under the Performance Stock Performance Plan as of Xxxx xx xf the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Franklin's Options and Stock Appreciation Rights Apprecxxxxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Franklin is subject to Section 16(b) of the Exchange xx xxx Xxxhange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Franklin under Section 16(b) of the Exchange ActXxxxxxxx Xxt, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Franklin's Restricted Stock as of the Termination Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Franklin under the Stock Performance Plan as of Performancx Xxxx xx xx the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Wakefield's Options and Stock Appreciation Rights Apprexxxxxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Wakefield is subject to Section 16(b16(x) of the Exchange xx xxx Xxxhange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Wakefield under Section 16(b) of the Exchange Actthx Xxxxxxxx Xxt, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. Wakefield's Restricted Stock as of the Termination xxx Xxxxxxxxxxx Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Wakefield under the Stock Performance Plan as of Performanxx Xxxx xx xx the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. McCrary's Options and Stock Appreciation Rights Apprecixxxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. McCrary is subject to Section 16(b) of the Exchange xx xxx Xxxhange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. McCrary under Section 16(b) of the Exchange ActXxxxxxxx Xxt, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. McCrary's Restricted Stock as of the Termination thx Xxxxxxxxxxx Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. McCrary under the Stock Performance Plan as of Xxxx xx xx the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Hairston's Options and Stock Appreciation Rights Apprecxxxxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Hairston is subject to Section 16(b) of the Exchange xx xxx Xxxhange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Hairston under Section 16(b) of the Exchange ActXxxxxxxx Xxt, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. Hairston's Restricted Stock as of the Termination txx Xxxxxxxxxxx Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Hairston under the Stock Performance Plan as of Performancx Xxxx xx xx the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Franklin's Options and Stock Appreciation Rights Apprecxxxxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Franklin is subject to Section 16(b) of the Exchange xx xxx Xxxhange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Franklin under Section 16(b) of the Exchange ActXxxxxxxx Xxt, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. Franklin's Restricted Stock as of the Termination txx Xxxxxxxxxxx Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Franklin under the Stock Performance Plan as of Stocx Xxxx xx xx the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Harris's Options and Stock Appreciation Rights Appreciaxxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Harris is subject to Section 16(b) of the Exchange xx xxx Xxxhange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Harris under Section 16(b) of the Exchange ActExxxxxxx Xxt, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. Harris' Restricted Stock as of the Termination Xxxxxxxxxxn Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Harris under the Stock Performance Plan as of Xxxx xx xx the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Klappa's Options and Stock Appreciation Rights Apprexxxxxxx Xxxxts under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Klappa is subject to Section 16(b16(x) of the xx xxx Exchange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Klappa under Section 16(b) of the Exchange Xxxxxxxx Act, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. Klappa's Restricted Stock as of the Termination xxx Xxxxxxxxion Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Klappa under the Stock Performance Plan as Performanxx Xxxx xx of the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. DeNicola's Options and Stock Appreciation Rights Apprecxxxxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. DeNicola is subject to Section 16(b) of the Exchange xx xxx Xxxhange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. DeNicola under Section 16(b) of the Exchange ActXxxxxxxx Xxt, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. DeNicola's Restricted Stock as of the Termination txx Xxxxxxxxxxx Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. DeNicola under the Stock Performance Plan as of Performancx Xxxx xx xx the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Farris's Options and Stock Appreciation Rights Appreciaxxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Farris is subject to Section 16(b) of the Exchange xx xxx Xxxhange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Farris under Section 16(b) of the Exchange ActExxxxxxx Xxt, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Farris' Restricted Stock as of the Termination Termxxxxxxn Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Farris under the Stock Performance Plan as of Xxxx xx xx the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Martin's Options and Stock Appreciation Rights Appreciaxxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Martin is subject to Section 16(b) of the Exchange xx xxx Xxxhange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Martin under Section 16(b) of the Exchange ActExxxxxxx Xxt, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. Martin's Restricted Stock as of the Termination Xxxxxxxxxxx Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Martin under the Stock Performance Plan as of Xxxx xx xx the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Holland's Options and Stock Appreciation Rights Apprecixxxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Holland is actually subject to Section 16(bSectxxx 00(x) of xf the Exchange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Holland under Section 16(b) of the Exchange ActXxxxxxxx Xxt, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. Holland's Restricted Stock as of the Termination thx Xxxxxxxxxxx Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Holland under the Stock Performance Plan as of Xxxx xx xx the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Boren's Options and Stock Appreciation Rights Apprecixxxxx Xxxxxs under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Boren is subject to Section 16(b) of the Exchange xx xxx Xxchange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions action would result in liability to Xx. Xxxxxx Mr. Boren under Section 16(b) of the Exchange Xxxxxxxx Act, provided further, that any such actions action not taken as a result of the rules under of Section 16(b) of the Exchange Act shall be effected effective as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. Boren's Restricted Stock as of the Termination thx Xxxxxxxxxon Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Boren under the Stock Performance Plan as Xxxx xx of the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Ratcliffe's Options and Stock Appreciation Rights Apprexxxxxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Ratcliffe is subject to Section 16(b16(x) of the Exchange xx xxx Xxxhange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Ratcliffe under Section 16(b) of the Exchange Actthx Xxxxxxxx Xxt, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. Ratcliffe's Restricted Stock as of the Termination xxx Xxxxxxxxxxx Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Ratcliffe under the Stock Performance Plan as of Performanxx Xxxx xx xx the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Stock Option Plan. (A) Any of Xx. Xxxxxx'x Mr. Bowden's Options and Stock Appreciation Rights Appreciaxxxx Xxxxxx under the Performance Stock Plan (the defined terms of which are incorporated in this Paragraph 2.(d)(i) by reference) which are outstanding as of the Termination Date and which are not then exercisable and vested, shall become fully exercisable and vested to the full extent of the original grant; provided, that in the case of a Stock Appreciation Right, if Xx. Xxxxxx Mr. Bowden is subject to Section 16(b) of the Exchange xx xxx Xxxhange Act, such Stock Appreciation Right shall not become fully vested and exercisable at such time if such actions would result in liability to Xx. Xxxxxx Mr. Bowden under Section 16(b) of the Exchange ActExxxxxxx Xxt, provided further, that any such actions not taken as a result of the rules under Section 16(b) of the Exchange Act shall be effected as of the first date that such activity would no longer result in liability under Section 16(b) of the Exchange Act.
(B) The restrictions and deferral limitations applicable to any of Xx. Xxxxxx'x Mr. Bowden's Restricted Stock as of the Termination Xxxxxxxxxxx Date shall lapse, and such Restricted Stock shall become free of all restrictions and limitations and become fully vested and transferable to the full extent of the original grant.
(C) The restrictions and deferral limitations and other conditions applicable to any other Awards held by Xx. Xxxxxx Mr. Bowden under the Stock Performance Plan as of Xxxx xx xx the Termination Date shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)