Performance-Based Equity Awards. Notwithstanding anything in this Agreement or any other agreement to the contrary, upon a Change in Control of the Company, each outstanding stock options, restricted stock or other equity awards with performance-based vesting held by the Executive shall be assumed by the acquiror or successor in such Change in Control, and if not so assumed, then the performance conditions for such outstanding equity awards shall be satisfied to the extent the Compensation Committee determines actual performance was attained immediately prior to such Change in Control.
Appears in 3 contracts
Sources: Employment Agreement (Postal Realty Trust, Inc.), Employment Agreement (Postal Realty Trust, Inc.), Employment Agreement (Postal Realty Trust, Inc.)