Common use of Treatment of Equity Awards Upon a Change in Control Clause in Contracts

Treatment of Equity Awards Upon a Change in Control. The following provisions shall apply to any award granted under the Plan or any other plan, agreement or arrangement based on the value of a share of the Company’s common stock on or after the Effective Date (collectively, the “Equity Awards”) to the extent the Equity Awards are assumed, continued or substituted by the surviving or acquiring entity (or its parent) in connection with a Change in Control (as defined in the Plan) and Executive continues to provide services to the Company or its successor following such Change in Control:

Appears in 4 contracts

Samples: Employment Agreement (Invivyd, Inc.), Employment Agreement (Invivyd, Inc.), Employment Agreement (Invivyd, Inc.)

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Treatment of Equity Awards Upon a Change in Control. The following provisions shall apply to any award granted under the Plan or any other plan, agreement or arrangement based on the value of a share of the Company’s common stock on or after the Effective Date (collectively, the “Equity Awards”) to the extent the Equity Awards are assumed, continued or substituted by the surviving or acquiring entity (or its parent) in connection with a Change in Control (as defined in the Plan) and the Executive continues to provide services to the Company or its successor following such Change in Control:

Appears in 1 contract

Samples: Employment Agreement (Adagio Therapeutics, Inc.)

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