Common use of Vesting Upon Change in Control Clause in Contracts

Vesting Upon Change in Control. Notwithstanding the provisions of any plan or agreement to the contrary, upon a Change in Control, all unvested stock options held by Executive shall be fully vested and exercisable, and all restricted stock held by Executive shall be fully vested. Except as expressly set forth in this Section 5.10, such stock options and restricted stock shall be subject to the terms of the plans and agreements under which they were issued.

Vesting Upon Change in Control. Notwithstanding the provisions of any plan or agreement to the contrary, upon a Change in Control, all unvested stock options held by Executive Employee shall be fully vested and exercisable, and all restricted stock held by Executive Employee shall be fully vested. Except as expressly set forth in this Section 5.105.9, such stock options and restricted stock shall be subject to the terms of the plans and agreements under which they were issued.