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

Change in Control. If a Change in Control occurs during the Period of Restriction and the Participant is terminated without “cause” or the Participant terminates for “Good Reason” following the Change in Control, then the Period of Restriction set forth in Section 2 shall lapse. However, if a Change in Control occurs during the Period of Restriction and the Participant continues as an employee of the Company or its successor following the Change in Control, then the Period of Restriction shall continue to lapse at the times specified in Section 2 of this Agreement.

Source document
(the “Agreement”), made and executed
Source: SEC EDGAR database • Date: February 16, 2017 • SIC: 6021 • CIK: 6021
(the “Agreement”), made and executed
Source: SEC EDGAR database • Date: February 26, 2016 • SIC: 6021 • CIK: 6021
(the “Agreement”), made and executed
Source: SEC EDGAR database • Date: February 25, 2015 • SIC: 6021 • CIK: 6021

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.