Vesting Upon Change of Control. In the event a Change of Control occurs while the Participant is employed by the Employer, the Option will automatically accelerate and become fully vested and exercisable on the date of the effective time of such Change of Control.
Appears in 3 contracts
Samples: Incentive Stock Option Grant Agreement (Crown Crafts Inc), Incentive Stock Option Grant Agreement (Ameris Bancorp), Incentive Stock Option Grant Agreement (Crown Crafts Inc)
Vesting Upon Change of Control. In the event a Change of Control occurs while the Participant is employed by by, or providing service to, the Employer, the Option will automatically accelerate and become fully vested and exercisable on the date of the effective time of such Change of Control.
Appears in 3 contracts
Samples: Nonqualified Stock Option Grant Agreement (Crown Crafts Inc), Nonqualified Stock Option Grant Agreement (Ameris Bancorp), Nonqualified Stock Option Grant Agreement (Crown Crafts Inc)
