Impact of Change in Control. In the event that a Change in Control occurs prior to the termination of the Optionee’s service as a director of the Company (or any Subsidiary or Affiliate of the Company), this Section 18 shall be void and of no further force and effect from and after the Change in Control.
Appears in 2 contracts
Sources: Non Qualified Stock Option Agreement (Wilson Bank Holding Co), Non Qualified Stock Option Agreement (Wilson Bank Holding Co)
Impact of Change in Control. In the event that a Change in Control occurs prior to the termination of the OptioneeGrantee’s service as a director of employment with the Company (or any Subsidiary or Affiliate of the Company), this Section 18 shall be void and of no further force and effect from and after the Change in Control.
Appears in 2 contracts
Sources: Cash Settled Stock Appreciation Right Agreement (Wilson Bank Holding Co), Restricted Share Award Agreement (Wilson Bank Holding Co)
Impact of Change in Control. In the event that a Change in Control occurs prior to the termination of the Optionee’s employment with the Company or service as a director of the Company (or any Subsidiary or Affiliate of the Company), this Section 18 16 shall be void and of no further force and effect from and after the Change in Control.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Wilson Bank Holding Co)
Impact of Change in Control. In the event that a Change in Control occurs prior to the termination of the Optionee’s service as a director of the Company (or any Subsidiary or Affiliate of employment with the Company), this Section 18 16 shall be void and of no further force and effect from and after the Change in Control.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Wilson Bank Holding Co)
Impact of Change in Control. In the event that a Change in Control occurs prior to the termination of the Optionee’s service as a director of employment with the Company (or any Subsidiary or Affiliate of the Company), this Section 18 shall be void and of no further force and effect from and after the Change in Control.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Wilson Bank Holding Co)
Impact of Change in Control. In the event that a Change in Control occurs prior to (or immediately following) the termination of the Optionee’s service as a director of the Company (or any Subsidiary or Affiliate of the Company), this Section 18 16 shall be void and of no further force and effect from and after the Change in Control.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Wilson Bank Holding Co)