Common use of Stock Rights Clause in Contracts

Stock Rights. In the event of a Change in Control, Executive’s non-qualified stock options, incentive stock options, stock appreciation rights, restricted stock, performance shares, performance units, and restricted stock units granted by the Company which are outstanding on the date of the Change in Control, shall vest and be exercisable pursuant to the terms of the awards and underlying plans.

Appears in 4 contracts

Samples: Change in Control Agreement (Furniture Brands International Inc), Change in Control Agreement (Sigma Aldrich Corp), Change in Control Agreement (Furniture Brands International Inc)

AutoNDA by SimpleDocs

Stock Rights. In the event of a Change in Control, Executive’s non-qualified stock options, incentive stock options, stock appreciation rights, restricted stock, performance shares, performance units, and restricted stock units granted by the Company which are outstanding on the date of the Change in Control, shall vest and be exercisable pursuant to the terms of the awards and underlying plansexercisable.

Appears in 1 contract

Samples: Change in Control Agreement (Sigma Aldrich Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!