Acceleration of Option. Notwithstanding Section 3, but subject to earlier termination, the Option granted hereby shall become immediately exercisable in full in the event of a Change of Control.
Appears in 6 contracts
Sources: Nonqualified Stock Option Agreement (Georgia Gulf Corp /De/), Nonqualified Stock Option Agreement (Georgia Gulf Corp /De/), Nonqualified Stock Option Agreement (Georgia Gulf Corp /De/)
Acceleration of Option. Notwithstanding Section 3, but subject to earlier termination, the Option granted hereby shall become immediately exercisable in full in the event of a Change of Control, as defined in the Plan.
Appears in 3 contracts
Sources: Employment Agreement (Scottish Annuity & Life Holdings LTD), Nonqualified Stock Option Agreement (Scottish Annuity & Life Holdings LTD), Nonqualified Stock Option Agreement (Scottish Annuity & Life Holdings LTD)
Acceleration of Option. Notwithstanding Section 3, but subject to earlier termination, the Option granted hereby shall become immediately exercisable in full in the event of a Change of Control, as defined in the 1999 Plan.
Appears in 1 contract
Sources: Nonqualified Stock Option Agreement (Scottish Annuity & Life Holdings LTD)
Acceleration of Option. Notwithstanding Section 3, but subject to earlier termination3 hereof, the Option granted hereby shall become immediately exercisable in full in the event of a Change of in Control.
Appears in 1 contract
Sources: Nonqualified Stock Option Agreement (MTC Technologies Inc)
Acceleration of Option. Notwithstanding Section 3, but subject to earlier termination, the Option granted hereby shall become immediately exercisable in full in the event of a Change of Control.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Mainsource Financial Group)