Common use of Change in Control Acceleration Clause in Contracts

Change in Control Acceleration. Notwithstanding any contrary terms of any Holdings equity plan or other agreement pursuant to which equity-based awards have been granted to Employee, upon the occurrence of a Change in Control, all such equity-based awards shall fully vest immediately prior to such Change in Control.

Appears in 9 contracts

Samples: Employment Agreement (Allied World Assurance Co Holdings, AG), Employment Agreement (Allied World Assurance Co Holdings, AG), Employment Agreement (Allied World Assurance Co Holdings, AG)

AutoNDA by SimpleDocs

Change in Control Acceleration. Notwithstanding any contrary terms of any Holdings Company equity plan or other agreement pursuant to which equity-based awards have been granted to Employee, upon the occurrence of a Change in Control, all such equity-based awards shall fully vest immediately prior to such Change in Control.

Appears in 5 contracts

Samples: Employment Agreement (Allied World Assurance Co Holdings, AG), Employment Agreement (Allied World Assurance Co Holdings LTD), Employment Agreement (Allied World Assurance Co Holdings LTD)

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