Common use of Change in Control Acceleration Clause in Contracts

Change in Control Acceleration. Notwithstanding anything to the contrary set forth in any individual stock option agreement or restricted stock unit agreement with the Company or Parent, effective immediately prior to a Change of Control, all outstanding stock awards held by Executive as of such time shall become fully vested with respect to all of the shares subject thereto.

Appears in 2 contracts

Sources: Executive Agreement (Instructure Holdings, Inc.), Executive Agreement (Instructure Holdings, Inc.)