Common use of Any Termination Clause in Contracts

Any Termination. Except as provided with respect to Tranche A Options in connection with a termination without Cause within one year following a Change in Control, unvested Options shall be cancelled for no consideration upon a termination for any reason.

Appears in 8 contracts

Sources: Stock Option Agreement (Great Wolf Resorts, Inc.), Stock Option Agreement (Great Wolf Resorts, Inc.), Stock Option Agreement (EVERTEC, Inc.)

Any Termination. Except as provided with respect to Tranche A Options in connection with a termination without Cause or for Good Reason within one year following a Change in Control, unvested Options shall be cancelled for no consideration upon a termination for any reason.

Appears in 7 contracts

Sources: Stock Option Agreement (Great Wolf Resorts, Inc.), Stock Option Agreement (Great Wolf Resorts, Inc.), Stock Option Agreement (Evertec, LLC)