Common use of Certain Terminations Prior to a Change in Control Clause in Contracts

Certain Terminations Prior to a Change in Control. If the Grantee’s Employment is terminated by the Company or its Affiliate without Cause prior to a Change in Control at the direction or request of any person or group contemplating a Change in Control, and a Change in Control involving such person or group is thereafter consummated within 12 months following such direction or request, then the Grantee shall be entitled to receive the consideration Grantee would have received in connection with the Change in Control had the Shares forfeited as a result of Grantee’s termination been vested and outstanding as of the Change in Control.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (West Corp), Restricted Stock Award Agreement (West Corp), Restricted Stock Award Agreement (West Corp)

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Certain Terminations Prior to a Change in Control. If the Grantee’s Employment is terminated by the Company or its Affiliate without Cause prior to a Change in Control at the direction or request of any person or group contemplating a Change in Control, and a Change in Control involving such person or group is thereafter consummated within 12 months following such direction or request, then the Grantee shall be entitled to receive the consideration Grantee would have received in connection with the Change in Control had the Shares forfeited as a result of Grantee’s termination been vested and outstanding as of occurred immediately following the Change in Control.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (West Corp)

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Certain Terminations Prior to a Change in Control. If the Grantee’s Employment is terminated by the Company or its Affiliate without Cause prior to a Change in Control at the direction or request of any person or group contemplating a Change in Control, and a Change in Control involving such person or group is thereafter consummated within 12 months following such direction or request, then the Grantee shall be entitled to receive the consideration Grantee would have received in connection with the Change in Control had the Shares RSUs forfeited as a result of Grantee’s termination been vested and outstanding as of the Change in Control.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (West Corp)

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