Common use of Equity Incentive Plans Clause in Contracts

Equity Incentive Plans. (A) Any outstanding stock options or stock appreciation rights issued to the Executive under the Company's existing plans or any successor plan shall become fully vested and exercisable on the Effective Date. All restrictions on shares of restricted stock issued to the Executive shall lapse.

Appears in 4 contracts

Samples: Change of Control Agreement (Puget Energy Inc /Wa), Change of Control Agreement (Puget Energy Inc /Wa), Change of Control Agreement (Puget Sound Energy Inc)

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Equity Incentive Plans. (A) Any outstanding stock options or stock appreciation rights issued to the Executive under the Company's ’s existing plans or any successor plan shall become fully vested and exercisable on the Effective Date. All restrictions on shares of restricted stock issued to the Executive shall lapse.

Appears in 3 contracts

Samples: Change of Control Agreement (Puget Sound Energy Inc), Change of Control Agreement (Puget Sound Energy Inc), Change of Control Agreement (Puget Sound Energy Inc)

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