Termination During an Imminent Control Change Period. Restricted Stock. Executive’s unvested Restricted Stock will: (i) not be forfeited during the Imminent Control Change Period; and (ii) not continue to vest during the Imminent Control Change Period. If the Imminent Control Change Period lapses without a Change Date, such unvested Restricted Stock shall thereupon be forfeited. If the Imminent Control Change Period culminates in a Change Date, then immediately prior to the Change Date, Executive’s Restricted Stock shall (except as specifically provided to the contrary in the award) become fully vested.
Appears in 4 contracts
Samples: Change in Control Employment Agreement (Baltimore Gas & Electric Co), Change in Control Employment Agreement (Exelon Corp), Change in Control Employment Agreement (Exelon Corp)
