Common use of Vesting Upon Involuntary Termination Following a Change in Control Clause in Contracts

Vesting Upon Involuntary Termination Following a Change in Control. In the event that upon or within eighteen (18) months following the effective date of a Change in Control, the Participant’s Service (as defined in Section 5.1 below) terminates due to Involuntary Termination, the vesting of Earned Units shall be determined in accordance with Section 9.3.

Appears in 3 contracts

Samples: Performance Stock Units Grant Notice and Global Psu Award Agreement (Silicon Laboratories Inc.), Market Stock Units Grant Notice and Global Market Stock Units Award Agreement (Silicon Laboratories Inc), Market Stock Units Grant Notice and Global Market Stock Units Award Agreement (Silicon Laboratories Inc)

AutoNDA by SimpleDocs

Vesting Upon Involuntary Termination Following a Change in Control. In the event that upon or within eighteen (18) months following the effective date of a Change in Control, the Participant’s Service (as defined in Section 5.1 below) terminates due to Involuntary Termination, the vesting of Earned Eligible Units shall be determined in accordance with Section 9.3.

Appears in 2 contracts

Samples: Performance Stock Units Grant Notice and Global Psu Award Agreement (Silicon Laboratories Inc), Performance Stock Units Grant Notice and Global Psu Award Agreement (Silicon Laboratories Inc)

Vesting Upon Involuntary Termination Following a Change in Control. In the event that upon or within eighteen (18) months following the effective date of a Change in Control, the Participant’s 's Service (as defined in Section 5.1 below) terminates due to Involuntary Termination, the vesting of Earned Eligible Units shall be determined in accordance with Section 9.39.2.

Appears in 1 contract

Samples: Performance Stock Units Grant Notice and Global Psu Award Agreement (Silicon Laboratories Inc)

Vesting Upon Involuntary Termination Following a Change in Control. In the event that upon or within eighteen twelve (1812) months following the effective date of a Change in Control, the Participant’s Service (as defined in Section 5.1 below) terminates due to Involuntary Termination, then the vesting of Earned Units shall be determined in accordance with Section 9.312.3.

Appears in 1 contract

Samples: Market Stock Units Award Agreement (PROS Holdings, Inc.)

AutoNDA by SimpleDocs

Vesting Upon Involuntary Termination Following a Change in Control. In the event that upon or within eighteen (18) months following the effective date of a Change in Control, the Participant’s Service (as defined in Section 5.1 below) terminates due to Involuntary Termination, the vesting of Earned Units shall be determined in accordance with Section 9.39.2.

Appears in 1 contract

Samples: Market Stock Units Award Agreement (Silicon Laboratories Inc)

Vesting Upon Involuntary Termination Following a Change in Control. In the event that upon or within eighteen (18) months following the effective date of a Change in Control, the Participant’s Service (as defined in Section 5.1 below) terminates due to Involuntary Termination, the vesting of Earned Units shall be determined in accordance with Section 9.39.2.

Appears in 1 contract

Samples: Market Stock Units Grant Notice and Global Market Stock Units Award Agreement (Silicon Laboratories Inc)

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