Assumption or Substitution. In the event of a Covered Transaction, if the Covered Transaction is one in which there is an acquiring or surviving entity, the Administrator may provide for the assumption of the Award or for the grant of a new award in substitution therefor by the acquiror or survivor or an affiliate of the acquiror or survivor.
Appears in 4 contracts
Samples: Award Agreement (Affiliated Managers Group, Inc.), Award Agreement (Affiliated Managers Group, Inc.), Award Agreement (Affiliated Managers Group, Inc.)
Assumption or Substitution. In the event of a Covered Transaction, if If the Covered Transaction is one in which there is an acquiring or surviving entity, the Administrator may provide for (i) the assumption or continuation of the Award some or for all outstanding Awards or any portion thereof; or (ii) the grant of a new award awards in substitution therefor by the acquiror or survivor or an affiliate of the acquiror or survivor.
Appears in 1 contract
Samples: Business Combination Agreement (CBRE Acquisition Holdings, Inc.)
Assumption or Substitution. In the event of a Covered Transaction, if If the Covered Transaction is one in which there is an acquiring or surviving entity, the Administrator may provide for (A) the assumption or continuation of the Award some or for all outstanding Awards or any portion thereof or (B) the grant of a new award awards in substitution therefor by the acquiror or survivor or an affiliate of the acquiror or survivor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Landcadia Holdings III, Inc.)
