Common use of Change of Control of the Company Clause in Contracts

Change of Control of the Company. In the event of a Change of Control, unless otherwise determined by the Committee in writing at or after the Grant Date, but prior to the occurrence of such Change of Control, the restrictions with respect to the Restricted Stock shall lapse and such shares shall be deemed fully vested and nonforfeitable.

Appears in 10 contracts

Sources: Restricted Stock Award Agreement (Waddell & Reed Financial Inc), Restricted Stock Award Agreement (Waddell & Reed Financial Inc), Restricted Stock Award Agreement (Waddell & Reed Financial Inc)