Common use of Acceleration of Vesting Upon Change in Control Clause in Contracts

Acceleration of Vesting Upon Change in Control. All stock options and restricted stock issued under the Company's 1995 Long Term Incentive and Share Award Plan (or any successor plan) shall become immediately vested in full and, in the case of stock options, immediately exercisable in full, upon a Change in Control in accordance with the applicable restricted stock agreements and stock option agreements.

Appears in 5 contracts

Sources: Change in Control Agreement (Risk Capital Holdings Inc), Change in Control Agreement (Risk Capital Holdings Inc), Change in Control Agreement (Risk Capital Holdings Inc)

Acceleration of Vesting Upon Change in Control. All stock options and restricted stock issued under the Company's 1995 and 1999 Long Term Incentive and Share Award Plan Plans (or any successor plan) shall become immediately vested in full and, in the case of stock options, immediately exercisable in full, upon a Change in Control in accordance with the applicable restricted stock agreements and stock option agreements.

Appears in 3 contracts

Sources: Retention and Change in Control Agreement (Arch Capital Group LTD), Change in Control Agreement (Arch Capital Group LTD), Employment Agreement (Arch Capital Group LTD)