Common use of Vesting of Rights Clause in Contracts

Vesting of Rights. Upon the occurrence of a "Change in Control" ----------------- (as defined in Section 7(f)) during the term of this Agreement, and regardless of whether Employee terminates this Agreement following such occurrence, and notwithstanding any provision to the contrary in any other agreement or document (including NOVA's applicable plan documents), all stock options, restricted stock, and other similar rights that have been granted to Employee and that are not vested on the date of occurrence of such an event, as well as any Deferred Compensation Plan balance that is not vested on the date of occurrence of such an event, shall become vested and exercisable immediately (collectively, the "Vested Rights"). As provided under the applicable plan or agreement, Employee shall have the right to exercise any or all of the Vested Rights.