Common use of Change in Control Provisions Clause in Contracts

Change in Control Provisions. In the event of a Change in Control (as defined in the Plan), the Option shall become fully vested and exercisable, whether or not theretofore vested and exercisable.

Appears in 6 contracts

Sources: Employment Agreement (Netgateway Inc), Employment Agreement (Netgateway Inc), Employment Agreement (Netgateway Inc)

Change in Control Provisions. In the event of a Change in Control (as defined in the Plan)Control, the Option shall become fully vested exercisable and exercisablevested, whether or not theretofore vested and exercisable.

Appears in 1 contract

Sources: Stock Option Agreement (Cross Continent Auto Retailers Inc M&l)