Impact of Change in Control. If a Change in Control (as defined in the Plan) of the Company occurs, then the Restrictions applicable to the Award Shares that have been outstanding will become immediately fully vested and non-forfeitable, subject to Section 14.4 of the Plan.
Appears in 2 contracts
Sources: Restricted Stock Award Agreement (Northern Technologies International Corp), Restricted Stock Award Agreement (Northern Technologies International Corp)
Impact of Change in Control. If a Change in Control (as defined in the Plan) of the Company occurs, then the Restrictions applicable to the Award Shares that have been outstanding will become immediately fully vested and non-forfeitable, subject to Section 14.4 10.3 of the Plan.
Appears in 1 contract
Sources: Restricted Stock Award Agreement (Fargo Electronics Inc)