Common use of Distributions Upon a Change in Control or Sale of a Subsidiary Clause in Contracts

Distributions Upon a Change in Control or Sale of a Subsidiary. If the Participant is entitled to a benefit pursuant to Section 5(b), 5(c), or 5(d) hereof, then this RSU Award shall be settled by one or more distributions to the Participant of:

Appears in 11 contracts

Samples: Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp), Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp), Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp)

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Distributions Upon a Change in Control or Sale of a Subsidiary. If the Participant is entitled to a benefit pursuant to Section 5(b4(b), 5(c4(c), or 5(d4(d) hereof, then this RSU Award shall be settled by one or more distributions a distribution to the Participant of:

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Centerpoint Energy Inc), Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp), Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp)

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