Common use of Change of Control Vesting Clause in Contracts

Change of Control Vesting. In the event of a Change of Control, this Award shall automatically vest in its entirety upon the earlier of the following two events: (i) immediately prior to the effective date of a Change of Control if the successor in such Change of Control (the “Acquiror”) fails to effectively assume, convert or replace this Award, or

Appears in 3 contracts

Sources: Restricted Stock Unit Agreement (Davita Inc.), Stock Appreciation Rights Agreement (Davita Inc.), Performance Based Restricted Stock Unit Agreement (Davita Inc.)