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Common use of Involuntary Termination Following Change of Control Clause in Contracts

Involuntary Termination Following Change of Control. Upon Participant's Involuntary Termination within one year following a Change of Control, the Restricted Shares that have not vested on or prior to such date of cessation of Service shall vest on such date.

Appears in 5 contracts

Sources: Restricted Stock Agreement (Paula Financial), Restricted Stock Agreement (Paula Financial), Restricted Stock Agreement (Paula Financial)

Related Clauses

  • Termination Following Change of Control
  • Termination Following Change in Control
  • Termination of Employment Following Change in Control
  • Termination Following a Change of Control
  • Termination Following a Change in Control

Parent Clauses

  • Change of Control and Severance Benefits Non Solicitation
  • Change of Control
  • Acceleration of Vesting
  • RECAPITALIZATION
  • Effect of Termination on Compensation Additional Payments

Sub-Clauses

  • Forfeiture upon Breach of Covenants
  • Equity Acceleration
  • Cash Severance Payments
  • Health Benefits Continuation
  • Health Benefits Continuation10
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