Common use of Effect of a Change in Control Clause in Contracts

Effect of a Change in Control. In the event of, and subject to the consummation of, a Change in Control (as defined in Section 7.10), Employer shall cause to occur the immediate vesting of all outstanding LTIP Units (which shall, in accordance with the applicable award agreement, remain subject to achieving parity with common units of limited partnership interest in the Partnership), stock options, restricted stock, and other equity awards granted to Executive under any of Employer’s equity incentive plans.

Effect of a Change in Control. In the event of, and subject to the consummation of, a Change in Control (as defined in Section 7.10)Control, Employer shall cause to occur the immediate vesting of all outstanding LTIP Units (which shall, in accordance with the applicable award agreement, remain subject to achieving parity with common units of limited partnership interest in the Partnership), stock options, restricted stock, and other equity awards granted to Executive under any of Employer’s equity incentive plans.

Effect of a Change in Control. In the event of, and subject to the consummation of, a Change in Control (as defined in Section 7.10)Control, Employer shall cause to occur the immediate vesting of all outstanding and unvested (if applicable) LTIP Units (which shall, in accordance with the applicable award agreement, remain subject to achieving parity with common units of limited partnership interest in the PartnershipPartnership and shall remain subject to the two-year prohibition against transfer provided in any such applicable award grant), stock options, restricted stock, and other equity awards granted to Executive under any of Employer’s equity incentive plans.