Common use of Acceleration of Vesting Date Clause in Contracts

Acceleration of Vesting Date. Subject to paragraphs 4(d) and 7, in the event a Change in Control or a Division Change in Control occurs prior to the end of the Performance Period, the PSUs shall immediately vest and the Participant shall receive immediate payment in respect thereof determined as the sum of the following amounts:

Appears in 7 contracts

Samples: Stock Units Agreement (Time Warner Inc.), Stock Units Agreement (Time Warner Inc.), Stock Units Agreement (Time Warner Inc.)

AutoNDA by SimpleDocs

Acceleration of Vesting Date. Subject to paragraphs Sections 4(d) and 7, in the event a Change in Control or a Division Change in Control occurs prior to the end of the Performance Measurement Period, the PSUs shall immediately vest and the Participant shall receive immediate payment in respect thereof determined as the sum of the following amountsfollows:

Appears in 6 contracts

Samples: Stock Units Agreement (Time Warner Inc.), Stock Units Agreement (Time Warner Inc.), Stock Units Agreement (Time Warner Inc.)

AutoNDA by SimpleDocs

Acceleration of Vesting Date. Subject to paragraphs 4(d) and 7, in the event a Change in Control or a Division Change in Control occurs prior to the end of the Performance Period, the PSUs shall immediately vest and the Participant shall receive immediate payment in respect thereof determined as the sum of the following amounts:

Appears in 1 contract

Samples: Stock Units Agreement (Time Warner Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.