Common use of Vesting on Change of Control Clause in Contracts

Vesting on Change of Control. In the event there is a Change of Control while ▇▇▇▇▇▇▇ is serving as a member of the Board, ▇▇▇▇▇▇▇’s Award Shares shall immediately become fully vested.

Appears in 1 contract

Sources: Stock Award Agreement (Toll Brothers Inc)

Vesting on Change of Control. In the event there is a Change of Control while G▇▇▇▇▇▇ is serving as a member of the Board, G▇▇▇▇▇▇’s Award Shares shall immediately become fully vested.

Appears in 1 contract

Sources: Stock Award Agreement (Toll Brothers Inc)