Common use of Change of Control Provisions Clause in Contracts

Change of Control Provisions. (a) If a Change of Control occurs, the provisions of Section 9(b) of the Plan shall apply, except that for purposes of such provisions the terms “For Cause” and “Good Reason” shall have the meanings set forth in this Agreement.

Appears in 8 contracts

Sources: Performance Restricted Stock Unit Award Agreement (Somnigroup International Inc.), Performance Restricted Stock Unit Award Agreement (Tempur Sealy International, Inc.), Performance Restricted Stock Unit Award Agreement (Tempur Sealy International, Inc.)

Change of Control Provisions. (a) a. If a Change of Control occurs, the provisions of Section 9(b) of the Plan shall apply, except that for purposes of such provisions the terms “For Cause” and “Good Reason” shall have the meanings set forth in this Agreement.

Appears in 3 contracts

Sources: Restricted Stock Unit Award Agreement (Somnigroup International Inc.), Restricted Stock Unit Award Agreement (Tempur Sealy International, Inc.), Restricted Stock Unit Award Agreement (Tempur Sealy International, Inc.)