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

Treatment of Equity Awards Upon a Change in Control. Upon the occurrence of a Change in Control, all of Employee’s equity awards in the Company (including, without limitation, any stock options, restricted stock units, and restricted stock awards) shall vest and, to the extent applicable, shall (i) become exercisable and (ii) remain outstanding for the period specified in the applicable award agreement.

Appears in 3 contracts

Samples: Severance Protection Agreement (Digitalglobe Inc), Severance Protection Agreement (Digitalglobe Inc), Severance Protection Agreement (Digitalglobe Inc)

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Treatment of Equity Awards Upon a Change in Control. Upon the occurrence of a Change in Control, all of Employee’s equity awards in the Company (including, including without limitation, any stock options, restricted stock units, and restricted stock awards) shall vest and, to the extent applicable, shall (i) become exercisable and (ii) remain outstanding for the period specified in the applicable award agreement.

Appears in 1 contract

Samples: Severance Protection Agreement (Digitalglobe Inc)

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