Common use of Vesting Upon Change of Control Clause in Contracts

Vesting Upon Change of Control. In the event of a “Change of Control” of the Company as defined in this Section, the Restricted Stock shall cease to be subject to the Period of Restriction set forth in Section 4 of this Agreement. A “Change of Control” shall be deemed to have occurred if:

Appears in 10 contracts

Samples: Restricted Stock Agreement (SPX Corp), Stock Compensation Plan (SPX Corp), Stock Compensation Plan (SPX Corp)

AutoNDA by SimpleDocs

Vesting Upon Change of Control. In the event of a “Change of Control” of the Company as defined in this Section, the and subject to Section 8(d), then any shares of outstanding Restricted Stock as of the date of such Change of Control shall cease to be subject to the any Period of Restriction set forth in Section 4 of this AgreementRestriction. A “Change of Control” shall be deemed to have occurred if:

Appears in 2 contracts

Samples: Agreement, Restricted Stock Agreement (SPX Corp)

Vesting Upon Change of Control. In the event of a "Change of Control" of the Company as defined in this Section, the Restricted Stock shall cease to be subject to the Period of Restriction set forth in Section 4 of this Agreement. A "Change of Control" shall be deemed to have occurred if:

Appears in 2 contracts

Samples: Restricted Stock Agreement (SPX Corp), Restricted Stock Agreement (SPX Corp)

AutoNDA by SimpleDocs

Vesting Upon Change of Control. In the event of a "Change of Control" of the Company as defined in this Section, the Restricted Stock Units shall cease to be subject to the Period of Restriction set forth in Section 4 of this Agreement. A "Change of Control" shall be deemed to have occurred if:

Appears in 1 contract

Samples: Plan Restricted Stock Unit Agreement (SPX Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!