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

Upon a Change in Control, all Restrictions upon the Units shall lapse and such Units shall immediately vest unless the surviving entity has made adequate provision (with the determination as to such adequacy to be made in the discretion of the Committee) in the acquisition agreement or other written agreement to assume and convert such Units to the surviving entity’s equity securities.

VALLEY NATIONAL BANCORP TIME-BASED RESTRICTED STOCK UNIT AWARD AGREEMENT
Source: SEC EDGAR database • Date: February 29, 2024 • SIC: 6021 • CIK: 6021

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