Common use of Change in Control of Company Clause in Contracts

Change in Control of Company. If a Fundamental Transaction (as defined in the Plan) occurs prior to the end of the Performance Period while Recipient is employed by the Company or an Affiliate or remains entitled to receive Shares pursuant to Section 5(a) above, the Performance Period shall be terminated and Recipient shall be entitled to receive, immediately prior to the consummation of such Fundamental Transaction, the following number of Shares (the “CIC Earned Shares”):

Appears in 6 contracts

Samples: Performance Share Award Agreement (Leidos, Inc.), Performance Share Award Agreement (SAIC, Inc.), Executive Employment Agreement (Leidos Holdings, Inc.)

AutoNDA by SimpleDocs

Change in Control of Company. If a Fundamental Transaction or Change in Control (as defined in the Plan) occurs prior to the end of the Performance Period while Recipient is employed by the Company or an Affiliate or remains entitled to receive Shares pursuant to Section 5(a) above, the Performance Period shall be terminated and Recipient shall be entitled to receive, immediately prior to the consummation of such Fundamental TransactionTransaction or Change in Control, the following number of Shares (the “CIC Earned Shares”):

Appears in 3 contracts

Samples: Performance Share Award Agreement (SAIC, Inc.), Performance Share Award Agreement (SAIC, Inc.), Performance Share Award Agreement (SAIC, Inc.)

Change in Control of Company. If a Fundamental Transaction (as defined in the Plan) occurs prior to the end of the Performance Period while Recipient is employed by the Company or an Affiliate or remains entitled to receive Shares pursuant to Section 5(a) above, the Performance Period shall be terminated and Recipient shall be entitled to receive, immediately prior to the consummation of such Fundamental Transaction, the following number of Shares (the “CIC Earned Shares”):): PSP16A/B

Appears in 1 contract

Samples: Equity Incentive Plan Performance Share Award Agreement (Leidos Holdings, Inc.)

AutoNDA by SimpleDocs

Change in Control of Company. If a Fundamental Transaction or Change in Control (as defined in the Plan) occurs prior to the end of the Performance Period while Recipient is employed by the Company or an Affiliate or remains entitled to September 2009 4 receive Shares pursuant to Section 5(a) above, the Performance Period shall be terminated and Recipient shall be entitled to receive, immediately prior to the consummation of such Fundamental TransactionTransaction or Change in Control, the following number of Shares (the “CIC Earned Shares”):

Appears in 1 contract

Samples: Performance Share Award Agreement (SAIC, Inc.)

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