Example ContractsClausesassumption or substitution of awardsVariants
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Unless otherwise provided in an Award Agreement or the ESP, with respect to a Participant who is a “Covered Executive” under the ESP, or, to the extent applicable, prohibited by Section 162(m) of the Code, in the event of a Change in Control of the Company in which the successor company assumes or substitutes for an Option, Stock Appreciation Right, Restricted Stock Award, Restricted Stock Unit Award or Other Share-Based Award, if a Participant incurs a Qualifying Termination with such successor company (or a subsidiary thereof) within the Protection Period (or such other period set forth in the Award Agreement, including a period prior thereto if applicable) and under the circumstances specified in the Award Agreement, then the following shall occur: # Options and Stock Appreciation Rights outstanding as of the date of such termination of employment will immediately vest (i.e., immediately vest on the termination date), become fully exercisable, and may thereafter be exercised for twenty-four (24) months (or the period of time set forth in the Award Agreement), but in any event no later than the

Unless otherwise provided in an Award Agreement or the ESP, with respect to a Participant who is a “Covered Executive” under the ESP, or, to the extent applicable, prohibited by Section 162(m) of the Code, in the event of a Change in Control of the Company in whichto the extent the successor company assumesdoes not assume or substitutessubstitute for an Option, Stock Appreciation Right, Restricted Stock Award, Restricted Stock Unit Award or Other Share-Based Award, if a Participant incurs a Qualifying Termination with such successor company (or a subsidiary thereof) within the Protection Period (or such other period set forth in the Award Agreement, including a period prior thereto if applicable) and under the circumstances specified in the Award Agreement, then the following shall occur:Award: # those Options and Stock Appreciation Rights outstanding as of the date of such termination of employment willthe Change in Control that are not assumed or substituted for shall immediately vest (i.e., immediately vest on the termination date),and become fully exercisable,exercisable as of the date of the Change in Control, # restrictions, limitations and may thereafter be exercisedother conditions on Restricted Stock and Restricted Stock Units that are not assumed or substituted for twenty-four (24) months (orshall lapse and the periodRestricted Stock and Restricted Stock Units shall become free of time set forthall restrictions, limitations and conditions and become fully vested as of the date of the Change in Control, and # the Award Agreement), but inrestrictions, limitations and other conditions applicable to any event no later than theOther Share-Based Awards or any other Awards that are not assumed or substituted for shall lapse, and such Other

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