Common use of CIC Termination Clause in Contracts

CIC Termination. In the event of a CIC Termination, each of the Executive’s outstanding equity or equity-based awards that is subject to time- based vesting shall immediately vest and be paid in full upon the date of such CIC Termination.

Appears in 2 contracts

Sources: Employment Agreement (Parkway, Inc.), Employment Agreement (Parkway, Inc.)