Acceleration Provisions. (i) In the event of the occurrence of a Change in Control in which the Stock Units are not continued or assumed (i.e., the Stock Units are not equitably converted into, or substituted for, a right to receive cash and/or equity of a successor entity or its affiliate), the Stock Units that have not been cancelled or paid out shall become fully vested.
Appears in 5 contracts
Samples: Award Agreement (Gannett Co., Inc.), Award Agreement (Gannett Co., Inc.), Award Agreement (Gannett Co., Inc.)