Example ContractsClauseseffect of non assumption in a change in controlIdentical
Effect of Non Assumption in a Change in Control
Effect of Non Assumption in a Change in Control contract clause examples

If a Change in Control of Employer shall occur, then # the Board shall grant and allocate the full amount of any then-ungranted or unallocated portion of the Reserved 40% no later than immediately before the date of such Change in Control; provided, that the Board shall, with respect to the Reserved 40%, have the sole discretion to determine the recipients thereof and the allocation among such recipients, which recipients may or may not include Employee; and # any and all options, rights or awards under any of Employer’s incentive compensation plans that have been granted to, and that have not been forfeited by, Employee before the date of such Change in Control (including, for the avoidance of doubt, any awards granted or allocated in accordance with the preceding [clause (a) of this Section 8(d)(i)]) shall be deemed to have vested in full as of immediately before the date of such Change in Control.

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Source: SEC EDGAR database • Date: August 9, 2017 • SIC: 5051 • CIK: 5051

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