Extraordinary Transactions. If there is a Change in Control of the Company (as defined in the Plan), the transfer restrictions of this Section 2 shall automatically cease as of the effective date of such Change in Control, and all the Restricted Shares shall thereafter be 100% vested.
Appears in 10 contracts
Samples: Restricted Stock Agreement (Grey Wolf Inc), Restricted Stock Agreement (Grey Wolf Inc), Restricted Stock Agreement (Grey Wolf Inc)
Extraordinary Transactions. If there is a Change in Control of the Company (as defined in the Plan), the transfer restrictions of this Section 2 shall automatically cease as of the effective date of such Change in Control, and all the Restricted Grant Shares shall thereafter be 100 percent (100% %) vested.
Appears in 3 contracts
Samples: Restricted Stock Agreement (Encysive Pharmaceuticals Inc), Restricted Stock Agreement (Encysive Pharmaceuticals Inc), Restricted Stock Agreement (Encysive Pharmaceuticals Inc)
Extraordinary Transactions. If there is a Change in Control of the Company (as defined in the Plan), the transfer restrictions of this Section 2 shall automatically cease as of the effective date of such Change in Control, and all the Restricted Shares Incentive Award shall thereafter be 100% vested.
Appears in 1 contract
Samples: Incentive Award Agreement (Endeavour International Corp)
Extraordinary Transactions. If there is a Change in Control of the Company (as defined in the Plan), the The transfer restrictions of this Section 2 shall automatically cease as of the effective date of such Change in Controlcease, and all the Restricted Shares shall thereafter be 100% vested., if a Change of Control of the Company shall be deemed to have occurred. A “Change in Control” of the Company shall be deemed to occur if:
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