Common use of Termination of Employment in the Event of a Change in Control Clause in Contracts

Termination of Employment in the Event of a Change in Control. In the event of a Change in Control, if Holder has a Termination of Employment by reason of discharge by the Company other than for Cause (as defined below), or by reason of resignation by Holder for Good Reason (as defined below), during the period commencing ninety (90) days prior to such Change in Control and ending twelve (12) months after such Change in Control, then the remaining Unreleased Shares shall be released from the Forfeiture Restriction on the date of Holder’s Termination of Employment (or, if later, immediately prior to the date of the occurrence of such Change in Control).

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Leap Wireless International Inc), Restricted Stock Award Agreement (Leap Wireless International Inc)

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Termination of Employment in the Event of a Change in Control. In the event of a Change in Control, if Holder has a Termination of Employment by reason of discharge by the Company other than for Cause (as defined below), or by reason of resignation by Holder Xxxxxx for Good Reason (as defined below), during the period commencing ninety (90) days prior to such Change in Control and ending twelve (12) months after such Change in Control, then the remaining Unreleased Shares unvested shares of Common Stock subject to the Option shall be released from the Forfeiture Restriction vest and become exercisable on the date of Holder’s Termination of Employment (or, if later, immediately prior to the date of the occurrence of such Change in Control).

Appears in 2 contracts

Samples: Stock Option Agreement (Leap Wireless International Inc), Stock Option Agreement (Leap Wireless International Inc)

Termination of Employment in the Event of a Change in Control. In the event of a Change in Control, if Holder has a Termination of Employment by reason of discharge by the Company other than for Cause (as defined below), or by reason of resignation by Holder Xxxxxx for Good Reason (as defined below), during the period commencing ninety (90) days prior to such Change in Control and ending twelve (12) months after such Change in Control, then the all remaining Unreleased Shares unvested Units shall be released from the Forfeiture Restriction on the date of Holder’s vest upon such Termination of Employment (or, if later, immediately prior to the date of the occurrence of such Change in Control).

Appears in 1 contract

Samples: Deferred Stock Unit Award Agreement (Leap Wireless International Inc)

Termination of Employment in the Event of a Change in Control. In the event of a Change in Control, if Holder has a Termination of Employment by reason of discharge by the Company other than for Cause (as defined below), or by reason of resignation by Holder for Good Reason (as defined below), during the period commencing ninety (90) days prior to such Change in Control and ending twelve (12) months after such Change in Control, then the remaining Unreleased Shares shall be released from the Forfeiture Restriction on the date of Holder’s 's Termination of Employment (or, if later, immediately prior to the date of the occurrence of such Change in Control).

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Leap Wireless International Inc)

Termination of Employment in the Event of a Change in Control. In the event of a Change in Control, if Holder has a Termination of Employment by reason of discharge by the Company other than for Cause (as defined below), or by reason of resignation by Holder Hxxxxx for Good Reason (as defined below), during the period commencing ninety (90) days prior to such Change in Control and ending twelve (12) months after such Change in Control, then the remaining Unreleased Shares shall be released from the Forfeiture Restriction Company’s Repurchase Option on the date of Holder’s Termination of Employment (or, if later, immediately prior to the date of the occurrence of such Change in Control).

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Leap Wireless International Inc)

Termination of Employment in the Event of a Change in Control. In the event of a Change in Control, if Holder has a Termination of Employment by reason of discharge by the Company other than for Cause (as defined below), or by reason of resignation by Holder Xxxxxx for Good Reason (as defined below), during the period commencing ninety (90) days prior to such Change in Control and ending twelve (12) months after such Change in Control, then the remaining Unreleased Shares unvested shares of Common Stock subject to the Option shall be released from the Forfeiture Restriction vest and become exercisable on the date of Holder’s 's Termination of Employment (or, if later, immediately prior to the date of the occurrence of such Change in Control).

Appears in 1 contract

Samples: Stock Option Agreement (Leap Wireless International Inc)

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Termination of Employment in the Event of a Change in Control. In the event of a Change in Control, if Holder has a Termination of Employment by reason of discharge by the Company other than for Cause (as defined below), or by reason of resignation by Holder for Good Reason (as defined below), during the period commencing ninety (90) days prior to such Change in Control and ending twelve (12) months after such Change in Control, then the all remaining Unreleased Shares unvested Units shall be released from the Forfeiture Restriction on the date of Holder’s vest upon such Termination of Employment (or, if later, immediately prior to the date of the occurrence of such Change in Control).

Appears in 1 contract

Samples: Deferred Stock Unit Award Agreement (Leap Wireless International Inc)

Termination of Employment in the Event of a Change in Control. In the event of a Change in ControlControl that occurs following Holder’s completion of at least 18 months of continuous employment with the Company or any Subsidiary, if Holder has a Termination of Employment by reason of discharge by the Company other than for Cause (as defined below), or by reason of resignation by Holder Xxxxxx for Good Reason (as defined below), during the period commencing ninety (90) days prior to such Change in Control and ending twelve (12) months after such Change in Control, then the remaining Unreleased Shares shall be released from the Forfeiture Restriction Company’s Repurchase Option on the date of Holder’s Termination of Employment (or, if later, immediately prior to the date of the occurrence of such Change in Control).

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Leap Wireless International Inc)

Termination of Employment in the Event of a Change in Control. In the event of a Change in Control, if Holder has a Termination of Employment by reason of discharge by the Company other than for Cause (as defined below), or by reason of resignation by Holder Xxxxxx for Good Reason (as defined below), during the period commencing ninety (90) days prior to such Change in Control and ending twelve (12) months after such Change in Control, then the remaining Unreleased Shares shall be released from the Forfeiture Restriction Company’s Repurchase Option on the date of Holder’s Termination of Employment (or, if later, immediately prior to the date of the occurrence of such Change in Control).

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Leap Wireless International Inc)

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