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Common use of Covered Transaction Clause in Contracts

Covered Transaction. In the event of a Covered Transaction that is not a Change in Control, the Award shall be subject to Section 7(a) of the Plan.

Appears in 2 contracts

Sources: Performance Based Restricted Stock Unit Award Agreement (Acceleron Pharma Inc), Performance Based Restricted Stock Unit Award Agreement (Acceleron Pharma Inc)

Related Clauses

  • Excluded Transactions
  • Corporate Transaction
  • Exempt Transaction
  • Permitted Transactions
  • Exempt Transactions

Parent Clauses

  • Disclosure Relating to Certain Federal Protections
  • Vesting
  • Drag Along Rights
  • Agreement to Deliver Documents
  • Vesting and Forfeiture

Sub-Clauses

  • Prior to the Determination Date
  • Following the Determination Date
  • Non-Reliance
  • Accuracy of Specified Information
  • Eligible Contract Participant
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