Common use of Vesting or Payment of Benefits Clause in Contracts

Vesting or Payment of Benefits. Upon the occurrence of a Change in Control, all stock options, stock appreciation rights, and shares of restricted stock previously awarded to the Executive, to the extent not previously forfeited, shall fully vest.

Appears in 7 contracts

Samples: Severance Agreement (S&t Bancorp Inc), Severance Agreement (S&t Bancorp Inc), Severance Agreement (S&t Bancorp Inc)

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