Common use of Dissolution or Change in Control Clause in Contracts

Dissolution or Change in Control. As provided in the Plan, if FIBS is Dissolved or if FIBS is a party to a merger, reorganization, or consolidation in which FIBS is not the surviving corporation (a “Change in Control”), 100% of the Restricted Stock Benefit shall vest and become exercisable (unless previously forfeited).

Appears in 7 contracts

Samples: Restricted Stock Grant Agreement (First Interstate Bancsystem Inc), Restricted Stock Grant Agreement (First Interstate Bancsystem Inc), Restricted Stock Grant Agreement (First Interstate Bancsystem Inc)

AutoNDA by SimpleDocs

Dissolution or Change in Control. As provided in the Plan, if FIBS is Dissolved or if FIBS is a party to a merger, reorganization, or consolidation in which FIBS is not the surviving corporation (a “Change in Control”), 100% of the Restricted Stock Benefit shall Shares will vest and become exercisable (unless previously forfeited).

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (First Interstate Bancsystem Inc)

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