Common use of ON CHANGE OF CONTROL Clause in Contracts

ON CHANGE OF CONTROL. Notwithstanding any other provisions of this Agreement, upon the occurrence of a Change of Control, all of the shares of Restricted Stock granted to the Executive under the Award Agreement shall be vested immediately.

Appears in 3 contracts

Sources: Restricted Stock Award Agreement (Irt Property Co), Restricted Stock Award Agreement and Pledge Agreement (Irt Property Co), Restricted Stock Award Agreement (Irt Property Co)