Example ContractsClauseschange in ownership of the companyIdentical
Remove:

Notwithstanding the foregoing, to the extent an Award or any payment thereunder is considered “deferred compensation” subject to Section 409A of the Code, a Change in Control shall not occur unless such transaction constitutes a change in the ownership of the Company, a change in the effective control of the Company, or a change in the ownership of a substantial portion of the Company’s assets under Section 409A of the Code.

Source document
HEART TEST LABORATORIES, INC. NON-QUALIFIED STOCK OPTION AGREEMENT
Source:SEC EDGAR database•Date:March 23, 2023•SIC:3842•CIK:3842
HEART TEST LABORATORIES, INC.2023 EQUITY INCENTIVE PLAN
Source:SEC EDGAR database•Date:March 16, 2023•SIC:3842•CIK:3842
Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.