Change in Control. In the event of a Change in Control, if You have not previously made a Deferral Election with respect to the RSUs, then the RSUs will fully vest and be settled within 60 days of the Change in Control. If You have previously made a Deferral Election with respect to the RSUs, then the following provisions will apply:
In the event of a Change in Control (other than the liquidation or dissolution of the Company which is approved by a majority of its shareholders) that constitutes a “change in control event” under Section 409A of the Code, the RSUs will fully vest and be settled within 60 days of the Change in Control.
In the event of a Change in Control (other than the liquidation or dissolution of the Company which is approved by a majority of its shareholders) that constitutes a “change in control event” under Section 409A of the Code, the RSUs will be settled within 60 days of the Change in Control.
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