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Common use of Vesting Upon Change in Control Clause in Contracts

Vesting Upon Change in Control. Notwithstanding the foregoing, any outstanding and unvested portion of the Option shall become fully vested and exercisable upon the occurrence of a Change in Control.

Appears in 6 contracts

Sources: Stock Option Agreement (McLeodUSA Holdings Inc), Stock Option Agreement (McLeodusa Inc), Stock Option Agreement (PAETEC Holding Corp.)

Related Clauses

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

Parent Clauses

  • Vesting
  • Change in Control
  • Continuous Employment Early Termination of Employment
  • Termination
  • Term of Option and Conditions of Exercise

Sub-Clauses

  • After the End of the Performance Period
  • Prior to the End of the Performance Period
  • Committee Determination
  • Vesting Date
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