Examples of Qualified Change in Control in a sentence
In the event that any part of the consideration received by the Company or its shareholders in a Qualified Change in Control is being paid contingent upon future events or is paid upon release of escrow or holdback, the Bonus shall be paid to the Executive upon the actual receipt by the Company or its shareholders of such consideration.
Company and/or its security holders pursuant to a Qualified Change in Control (the “Bonus”).
For avoidance of doubt, the 1% shall be paid on any sum actually received by the Company and/or its security holders pursuant to such Qualified Change in Control.
The option will be subject to the following vesting - 25% of the Shares underlying the option will vest on the first anniversary of the date of grant and the remaining 75% will vest in 36 equal monthly installments thereafter, provided that any unvested part of the option will vest and become immediately exercisable upon consummation of a Change in Control or Qualified Change in Control (as defined below).