Occurrence of a Change in Control. In the event of a Change in Control, your SAR shall fully vest and become fully exercisable, subject to the limitations of Section 3 hereof, as to the Shares then subject to the SAR. This shall occur immediately prior to the effective date of the transaction giving rise to the Change in Control.
Appears in 2 contracts
Sources: Stock Appreciation Right Award Agreement (Greene County Bancshares Inc), Stock Appreciation Right Award Agreement (Green Bankshares, Inc.)