{"component": "clause", "props": {"groups": [{"snippet": "Subject to Applicable Laws (including any associated Shareholder approval requirements), the Committee may, in its sole discretion and upon such terms as it deems appropriate, require as a condition of the grant of an Award to a Participant that the Participant surrender for cancellation some or all of the Awards that have previously been granted to the Participant under this Plan or otherwise. An Award that is conditioned upon such surrender may or may not be the same type of Award, may cover the same (or a lesser or greater) number of Shares as such surrendered Award, may have other terms that are determined without regard to the terms or conditions of such surrendered Award, and may contain any other terms that the Committee deems appropriate. In the case of Options, these other terms may not involve an Exercise Price that is lower than the Exercise Price of the surrendered Option unless the Company\u2019s shareholders approve the grant itself or the program under which the grant is made pursuant to the Plan.", "snippet_links": [{"key": "subject-to-applicable-laws", "type": "clause", "offset": [0, 26]}, {"key": "shareholder-approval-requirements", "type": "clause", "offset": [53, 86]}, {"key": "the-committee", "type": "clause", "offset": [89, 102]}, {"key": "sole-discretion", "type": "clause", "offset": [115, 130]}, {"key": "grant-of", "type": "clause", "offset": [206, 214]}, {"key": "to-a-participant", "type": "clause", "offset": [224, 240]}, {"key": "the-participant", "type": "clause", "offset": [246, 261]}, {"key": "surrender-for-cancellation", "type": "clause", "offset": [262, 288]}, {"key": "the-awards", "type": "clause", "offset": [304, 314]}, {"key": "granted-to", "type": "definition", "offset": [341, 351]}, {"key": "this-plan", "type": "definition", "offset": [374, 383]}, {"key": "type-of-award", "type": "clause", "offset": [474, 487]}, {"key": "number-of-shares", "type": "clause", "offset": [533, 549]}, {"key": "other-terms", "type": "definition", "offset": [586, 597]}, {"key": "the-terms", "type": "definition", "offset": [636, 645]}, {"key": "conditions-of", "type": "clause", "offset": [649, 662]}, {"key": "may-contain", "type": "definition", "offset": [691, 702]}, {"key": "in-the-case", "type": "clause", "offset": [757, 768]}, {"key": "price-of-the", "type": "clause", "offset": [865, 877]}, {"key": "the-company", "type": "clause", "offset": [904, 915]}, {"key": "the-program", "type": "clause", "offset": [959, 970]}, {"key": "pursuant-to-the-plan", "type": "clause", "offset": [1001, 1021]}], "size": 15, "samples": [{"hash": "1hjpKawDnM1", "uri": "/contracts/1hjpKawDnM1#replacement-awards", "label": "Stock Option Award Agreement (Vapotherm Inc)", "score": 29.7967147827, "published": true}, {"hash": "v9w0s5Rgam", "uri": "/contracts/v9w0s5Rgam#replacement-awards", "label": "Employment Agreement (Commerce Energy Group, Inc.)", "score": 21.0, "published": true}, {"hash": "g0QOxVy9qHV", "uri": "/contracts/g0QOxVy9qHV#replacement-awards", "label": "Restricted Share Award Agreement (Commerce Energy Group, Inc.)", "score": 21.0, "published": true}], "hash": "a9fcaf80335fe45bd39fce0859b5230e", "id": 1}, {"snippet": "An Award shall meet the conditions of this Section 4(b) (and thereby qualify as a Replacement Award) if the following conditions are met:\n(i) The Award has a value at least equal to the value of the Replaced Award;\n(ii) The Award relates to publicly-traded equity securities of the Company or its successor following the Change in Control or another entity that is affiliated with the Company or its successor following the Change in Control; and\n(iii) The other terms and conditions of the Award are not less favorable to the Participant than the terms and conditions of the Replaced Award (including the provisions that would apply in the event of a subsequent Change in Control and the provisions of Section 4(c)). Without limiting the generality of the foregoing, a Replacement Award may take the form of a continuation of a Replaced Award if the requirements of the preceding sentence are satisfied. The determination of whether the conditions of this Section 4(b) are satisfied shall be made by the Committee, as constituted immediately before the Change in Control, in its sole discretion.", "snippet_links": [{"key": "conditions-of-this", "type": "clause", "offset": [24, 42]}, {"key": "replacement-award", "type": "clause", "offset": [82, 99]}, {"key": "at-least-equal-to", "type": "definition", "offset": [164, 181]}, {"key": "the-value", "type": "clause", "offset": [182, 191]}, {"key": "replaced-award", "type": "definition", "offset": [199, 213]}, {"key": "relates-to", "type": "definition", "offset": [230, 240]}, {"key": "equity-securities-of-the-company", "type": "clause", "offset": [257, 289]}, {"key": "following-the", "type": "definition", "offset": [307, 320]}, {"key": "change-in-control", "type": "definition", "offset": [321, 338]}, {"key": "another-entity", "type": "definition", "offset": [342, 356]}, {"key": "affiliated-with", "type": "definition", "offset": [365, 380]}, {"key": "terms-and-conditions-of-the-award", "type": "clause", "offset": [463, 496]}, {"key": "less-favorable", "type": "definition", "offset": [505, 519]}, {"key": "the-participant", "type": "clause", "offset": [523, 538]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [544, 568]}, {"key": "in-the-event-of-a", "type": "clause", "offset": [634, 651]}, {"key": "the-provisions-of-section", "type": "clause", "offset": [685, 710]}, {"key": "without-limiting-the-generality-of-the-foregoing", "type": "clause", "offset": [718, 766]}, {"key": "form-of", "type": "definition", "offset": [801, 808]}, {"key": "continuation-of", "type": "clause", "offset": [811, 826]}, {"key": "requirements-of-the", "type": "clause", "offset": [851, 870]}, {"key": "the-determination-of", "type": "definition", "offset": [905, 925]}, {"key": "the-committee", "type": "clause", "offset": [1001, 1014]}, {"key": "sole-discretion", "type": "clause", "offset": [1080, 1095]}], "size": 11, "samples": [{"hash": "3BkFO3cOpab", "uri": "/contracts/3BkFO3cOpab#replacement-awards", "label": "Officer Rsu Award Agreement (Delphi Automotive PLC)", "score": 27.3381252289, "published": true}, {"hash": "6BBdus3tOEN", "uri": "/contracts/6BBdus3tOEN#replacement-awards", "label": "Continuity Rsu Award Agreement (Delphi Automotive PLC)", "score": 26.3251190186, "published": true}, {"hash": "2NusJd4aQGO", "uri": "/contracts/2NusJd4aQGO#replacement-awards", "label": "Officer Rsu Award Agreement (Delphi Automotive PLC)", "score": 26.3251190186, "published": true}], "hash": "cd912fa525c9dc1977ae4c8a3ad46985", "id": 2}, {"snippet": "Any restricted stock unit, restricted stock, option or other equity or equity derivative that is issued after the Grant Date to the Grantee by the Company or any other Person pursuant to a Fundamental Corporate Event in full or partial replacement of, as an adjustment to, or otherwise with respect to, Restricted Stock Units granted pursuant to this Agreement (a \u201cReplacement Award\u201d), will have the same term and the same vesting and exercisability terms and conditions as the Restricted Stock Units, except that if the Company is not the issuer of a Replacement Award, the definition of Change in Control with respect to such Replacement Award will be applied with respect to the issuer of such Replacement Award as if it were the \u201cCompany\u201d for purposes of such definition. By way of illustration, a Change in Control of the Company will not cause acceleration of any Replacement Awards that are not issued by the Company and a Change in Control of the issuer of any Replacement Awards with respect to which the Company is not the issuer will not cause acceleration of any remaining Restricted Stock Units with respect to which the Company is the issuer.", "snippet_links": [{"key": "other-equity", "type": "definition", "offset": [55, 67]}, {"key": "equity-derivative", "type": "definition", "offset": [71, 88]}, {"key": "grant-date", "type": "definition", "offset": [114, 124]}, {"key": "to-the-grantee", "type": "definition", "offset": [125, 139]}, {"key": "by-the-company", "type": "clause", "offset": [140, 154]}, {"key": "any-other-person", "type": "definition", "offset": [158, 174]}, {"key": "pursuant-to-a", "type": "definition", "offset": [175, 188]}, {"key": "fundamental-corporate-event", "type": "definition", "offset": [189, 216]}, {"key": "replacement-of", "type": "clause", "offset": [236, 250]}, {"key": "adjustment-to", "type": "clause", "offset": [258, 271]}, {"key": "with-respect-to", "type": "clause", "offset": [286, 301]}, {"key": "restricted-stock-units-granted", "type": "definition", "offset": [303, 333]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [334, 360]}, {"key": "vesting-and-exercisability", "type": "clause", "offset": [423, 449]}, {"key": "terms-and-conditions", "type": "definition", "offset": [450, 470]}, {"key": "the-restricted-stock", "type": "clause", "offset": [474, 494]}, {"key": "the-issuer", "type": "clause", "offset": [536, 546]}, {"key": "definition-of-change-in-control", "type": "clause", "offset": [575, 606]}, {"key": "for-purposes-of", "type": "clause", "offset": [743, 758]}, {"key": "by-way-of-illustration", "type": "clause", "offset": [776, 798]}, {"key": "the-company-will", "type": "clause", "offset": [823, 839]}, {"key": "issued-by", "type": "definition", "offset": [902, 911]}], "size": 11, "samples": [{"hash": "eJpkIcTphpI", "uri": "/contracts/eJpkIcTphpI#replacement-awards", "label": "Time Based Restricted Stock Units Agreement (Qurate Retail, Inc.)", "score": 31.6064338684, "published": true}, {"hash": "22Leu3fNS7m", "uri": "/contracts/22Leu3fNS7m#replacement-awards", "label": "Time Based Restricted Stock Units Agreement (Gci Liberty, Inc.)", "score": 31.6064338684, "published": true}, {"hash": "7pj4eX947db", "uri": "/contracts/7pj4eX947db#replacement-awards", "label": "Time Based Restricted Stock Units Agreement (Liberty TripAdvisor Holdings, Inc.)", "score": 31.5954818726, "published": true}], "hash": "c726598bf7f1621db750a40256560d1c", "id": 3}, {"snippet": "Any restricted stock unit, restricted stock, option or other equity or equity derivative that is issued after the Grant Date to the Grantee by the Company or any other Person pursuant to a Fundamental Corporate Event in full or partial replacement of, as an adjustment to, or otherwise with respect to, an Option granted pursuant to this Agreement (a \u201cReplacement Award\u201d), will have the same term and the same vesting and exercisability terms and conditions as the Options, except that if the Company is not the issuer of a Replacement Award, the definition of Change in Control with respect to such Replacement Award will be applied with respect to the issuer of such Replacement Award as if it were the \u201cCompany\u201d for purposes of such definition. By way of illustration, a Change in Control of the Company will not cause acceleration of any Replacement Awards that are not issued by the Company and a Change in Control of the issuer of any Replacement Awards with respect to which the Company is not the issuer will not cause acceleration of any remaining Options with respect to which the Company is the issuer.", "snippet_links": [{"key": "restricted-stock-unit", "type": "clause", "offset": [4, 25]}, {"key": "other-equity", "type": "definition", "offset": [55, 67]}, {"key": "equity-derivative", "type": "definition", "offset": [71, 88]}, {"key": "grant-date", "type": "definition", "offset": [114, 124]}, {"key": "to-the-grantee", "type": "definition", "offset": [125, 139]}, {"key": "by-the-company", "type": "clause", "offset": [140, 154]}, {"key": "any-other-person", "type": "definition", "offset": [158, 174]}, {"key": "pursuant-to-a", "type": "definition", "offset": [175, 188]}, {"key": "fundamental-corporate-event", "type": "definition", "offset": [189, 216]}, {"key": "replacement-of", "type": "clause", "offset": [236, 250]}, {"key": "adjustment-to", "type": "clause", "offset": [258, 271]}, {"key": "with-respect-to", "type": "clause", "offset": [286, 301]}, {"key": "option-granted", "type": "clause", "offset": [306, 320]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [321, 347]}, {"key": "vesting-and-exercisability", "type": "clause", "offset": [410, 436]}, {"key": "terms-and-conditions", "type": "definition", "offset": [437, 457]}, {"key": "the-options", "type": "clause", "offset": [461, 472]}, {"key": "the-issuer", "type": "clause", "offset": [508, 518]}, {"key": "definition-of-change-in-control", "type": "clause", "offset": [547, 578]}, {"key": "for-purposes-of", "type": "clause", "offset": [715, 730]}, {"key": "by-way-of-illustration", "type": "clause", "offset": [748, 770]}, {"key": "the-company-will", "type": "clause", "offset": [795, 811]}, {"key": "issued-by", "type": "definition", "offset": [874, 883]}, {"key": "remaining-options", "type": "clause", "offset": [1047, 1064]}], "size": 7, "samples": [{"hash": "jObnbgM0gtU", "uri": "/contracts/jObnbgM0gtU#replacement-awards", "label": "Non Qualified Stock Option Agreement (Qurate Retail, Inc.)", "score": 30.9630393982, "published": true}, {"hash": "9ohSNbzPShf", "uri": "/contracts/9ohSNbzPShf#replacement-awards", "label": "Non Qualified Stock Option Agreement (Gci Liberty, Inc.)", "score": 30.9630393982, "published": true}, {"hash": "7kugsbWmh3u", "uri": "/contracts/7kugsbWmh3u#replacement-awards", "label": "Non Qualified Stock Option Agreement (Gci Liberty, Inc.)", "score": 30.9630393982, "published": true}], "hash": "f533e914e7b977691308cdbc4a49aaeb", "id": 4}, {"snippet": "Capital Southwest and CSWI shall use commercially reasonable efforts to agree with each holder of Capital Southwest Incentive Awards to enter into a new agreement regarding acceptable replacement awards to be issued by Capital Southwest, if such holder is a Capital Southwest Company Employee, or CSWI, if such holder is a CSWI Company Employee, effective as of the Distribution Date. Each such replacement award shall be subject to substantially the same terms and conditions with respect to vesting and the time and manner of payment as applied to the applicable Capital Southwest Incentive Award immediately prior to the Distribution Date to the extent necessary to comply with Section 409A of the Code.", "snippet_links": [{"key": "use-commercially-reasonable-efforts", "type": "clause", "offset": [33, 68]}, {"key": "capital-southwest-incentive-awards", "type": "definition", "offset": [98, 132]}, {"key": "to-enter", "type": "definition", "offset": [133, 141]}, {"key": "agreement-regarding", "type": "clause", "offset": [153, 172]}, {"key": "issued-by", "type": "definition", "offset": [209, 218]}, {"key": "capital-southwest-company-employee", "type": "definition", "offset": [258, 292]}, {"key": "effective-as-of-the", "type": "clause", "offset": [346, 365]}, {"key": "subject-to", "type": "clause", "offset": [422, 432]}, {"key": "same-terms-and-conditions", "type": "clause", "offset": [451, 476]}, {"key": "with-respect-to", "type": "clause", "offset": [477, 492]}, {"key": "vesting-and", "type": "definition", "offset": [493, 504]}, {"key": "time-and-manner-of-payment", "type": "clause", "offset": [509, 535]}, {"key": "as-applied", "type": "definition", "offset": [536, 546]}, {"key": "the-applicable", "type": "clause", "offset": [550, 564]}, {"key": "prior-to-the-distribution-date", "type": "clause", "offset": [611, 641]}, {"key": "to-the-extent", "type": "clause", "offset": [642, 655]}, {"key": "comply-with", "type": "definition", "offset": [669, 680]}, {"key": "section-409a-of-the-code", "type": "definition", "offset": [681, 705]}], "size": 5, "samples": [{"hash": "ab8O4MJdETv", "uri": "/contracts/ab8O4MJdETv#replacement-awards", "label": "Employee Matters Agreement (CSW Industrials, Inc.)", "score": 26.8726902008, "published": true}, {"hash": "j859XQCS11c", "uri": "/contracts/j859XQCS11c#replacement-awards", "label": "Employee Matters Agreement (CSW Industrials, Inc.)", "score": 26.6865158081, "published": true}, {"hash": "gK2nQUaP35", "uri": "/contracts/gK2nQUaP35#replacement-awards", "label": "Employee Matters Agreement (CSW Industrials, Inc.)", "score": 26.6536617279, "published": true}], "hash": "206609202683e9a9223a65c0d23b9249", "id": 5}, {"snippet": "Each Replacement Award shall have substantially the same terms and conditions (as determined by the Committee) as the award it replaces; provided, however, that the number of Shares subject to Replacement Awards, the Exercise Price, \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 or other price of Shares subject to Replacement Awards, any performance conditions relating to Shares underlying Replacement Awards, or the market price of Shares underlying Replacement Awards or per-Share results may differ from the awards they replace to the extent such differences are determined to be appropriate and equitable by the Committee, in its sole discretion.", "snippet_links": [{"key": "same-terms-and-conditions", "type": "clause", "offset": [52, 77]}, {"key": "the-committee", "type": "clause", "offset": [96, 109]}, {"key": "subject-to", "type": "clause", "offset": [182, 192]}, {"key": "the-exercise-price", "type": "definition", "offset": [213, 231]}, {"key": "performance-conditions", "type": "definition", "offset": [305, 327]}, {"key": "relating-to", "type": "definition", "offset": [328, 339]}, {"key": "market-price-of-shares", "type": "clause", "offset": [385, 407]}, {"key": "share-results", "type": "clause", "offset": [445, 458]}, {"key": "the-awards", "type": "clause", "offset": [475, 485]}, {"key": "to-the-extent", "type": "clause", "offset": [499, 512]}, {"key": "sole-discretion", "type": "clause", "offset": [602, 617]}], "size": 4, "samples": [{"hash": "3RZO33vopUV", "uri": "/contracts/3RZO33vopUV#replacement-awards", "label": "Omnibus Incentive Plan (Remy International, Inc.)", "score": 20.3935661316, "published": true}, {"hash": "aFN232i4ycK", "uri": "/contracts/aFN232i4ycK#replacement-awards", "label": "2011 Omnibus Incentive Plan (First Federal Bancshares of Arkansas Inc)", "score": 20.3223819733, "published": true}, {"hash": "7GDLvVew9CZ", "uri": "/contracts/7GDLvVew9CZ#replacement-awards", "label": "2008 Omnibus Incentive Plan (Lender Processing Services, Inc.)", "score": 19.0, "published": true}], "hash": "81db097a0e85c39de235b68e616e0b70", "id": 6}, {"snippet": "(a) An Award shall meet the conditions of this Section 8.2 (and hence qualify as a Replacement Award) if: (i) it is of the same type as the Replaced Award (provided, however, that the Replacement Award may be of a different type as the Replaced Award if such Replacement Award has been approved by the Committee, as constituted immediately prior to the Change in Control); (ii) it has an intrinsic value at least equal to the value of the Replaced Award; (iii) it relates to publicly traded equity securities of the Corporation or its successor following the Change in Control or another entity that is affiliated with the Corporation or its successor following the Change in Control; (iv) its terms and conditions comply with Section 8.2(b); and (v) its other terms and conditions are not less favorable to the Participant than the terms and conditions of the Replaced Award (including the provisions that would apply in the event of a subsequent Change in Control). Without limiting the generality of the foregoing, the Replacement Award may take the form of a continuation or assumption of the Replaced Award if the requirements of the preceding sentence are satisfied. The determination of whether the conditions of this Section 8.2(a) are satisfied shall be made by the Committee, as constituted immediately before the Change in Control, in its sole discretion. Without limiting the generality of the foregoing, the Committee may determine the value of Replaced Awards and Replacement Awards that are Options by reference to either their intrinsic value or their fair value.\n(b) Upon a termination of Service of a Participant after a Change in Control, other than for Cause, all Replacement Awards held by the Participant shall become fully vested and free of restrictions and in the case of Replacement Awards in the form of (i) Options shall be fully exercisable and shall remain exercisable in accordance with their terms, (ii) Awards with one or more performance-based vesting conditions for performance measurement periods not yet ended at the date of termination shall be deemed to be satisfied at the greater of target performance or the level of performance actually achieved as of the date of termination of Service (with similar performance assumed to be achieved through the remainder of the performance period) and shall be paid upon or within 60 days of such termination of Service, (iii) Awards (other than Options) with only service-based vesting conditions shall be paid upon or within 60 days of such termination of Service. Notwithstanding the foregoing, with respect to any Award that is considered deferred compensation subject to Section 409A, payment shall be made pursuant to the Award\u2019s original schedule in order to comply with Section 409A.", "snippet_links": [{"key": "conditions-of-this", "type": "clause", "offset": [28, 46]}, {"key": "section-82", "type": "clause", "offset": [47, 58]}, {"key": "replaced-award", "type": "definition", "offset": [140, 154]}, {"key": "approved-by", "type": "clause", "offset": [286, 297]}, {"key": "the-committee", "type": "clause", "offset": [298, 311]}, {"key": "prior-to-the", "type": "clause", "offset": [340, 352]}, {"key": "intrinsic-value", "type": "clause", "offset": [388, 403]}, {"key": "at-least-equal-to", "type": "definition", "offset": [404, 421]}, {"key": "the-value", "type": "clause", "offset": [422, 431]}, {"key": "relates-to", "type": "definition", "offset": [464, 474]}, {"key": "traded-equity-securities", "type": "definition", "offset": [484, 508]}, {"key": "of-the-corporation", "type": "clause", "offset": [509, 527]}, {"key": "following-the", "type": "definition", "offset": [545, 558]}, {"key": "another-entity", "type": "definition", "offset": [580, 594]}, {"key": "affiliated-with", "type": "definition", "offset": [603, 618]}, {"key": "comply-with", "type": "definition", "offset": [715, 726]}, {"key": "other-terms-and-conditions", "type": "definition", "offset": [755, 781]}, {"key": "less-favorable", "type": "definition", "offset": [790, 804]}, {"key": "terms-and-conditions-of-the", "type": "clause", "offset": [833, 860]}, {"key": "the-provisions", "type": "clause", "offset": [887, 901]}, {"key": "in-the-event-of-a", "type": "clause", "offset": [919, 936]}, {"key": "without-limiting-the-generality-of-the-foregoing", "type": "clause", "offset": [968, 1016]}, {"key": "form-of", "type": "definition", "offset": [1053, 1060]}, {"key": "requirements-of-the", "type": "clause", "offset": [1119, 1138]}, {"key": "the-determination-of", "type": "definition", "offset": [1173, 1193]}, {"key": "sole-discretion", "type": "clause", "offset": [1350, 1365]}, {"key": "determine-the", "type": "clause", "offset": [1435, 1448]}, {"key": "reference-to", "type": "clause", "offset": [1517, 1529]}, {"key": "fair-value", "type": "definition", "offset": [1568, 1578]}, {"key": "service-of", "type": "clause", "offset": [1606, 1616]}, {"key": "after-a-change-in-control", "type": "clause", "offset": [1631, 1656]}, {"key": "other-than-for-cause", "type": "definition", "offset": [1658, 1678]}, {"key": "the-participant-shall", "type": "clause", "offset": [1711, 1732]}, {"key": "fully-vested", "type": "clause", "offset": [1740, 1752]}, {"key": "in-the-case", "type": "clause", "offset": [1782, 1793]}, {"key": "in-accordance-with", "type": "clause", "offset": [1899, 1917]}, {"key": "performance-measurement-periods", "type": "clause", "offset": [2001, 2032]}, {"key": "termination-shall", "type": "clause", "offset": [2062, 2079]}, {"key": "target-performance", "type": "definition", "offset": [2124, 2142]}, {"key": "level-of-performance", "type": "definition", "offset": [2150, 2170]}, {"key": "performance-period", "type": "definition", "offset": [2308, 2326]}, {"key": "paid-upon", "type": "definition", "offset": [2341, 2350]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [2547, 2576]}, {"key": "with-respect-to", "type": "clause", "offset": [2578, 2593]}, {"key": "deferred-compensation-subject-to-section-409a", "type": "clause", "offset": [2623, 2668]}, {"key": "the-award", "type": "clause", "offset": [2704, 2713]}, {"key": "order-to-comply", "type": "definition", "offset": [2737, 2752]}], "size": 4, "samples": [{"hash": "k6uobjcCx03", "uri": "/contracts/k6uobjcCx03#replacement-awards", "label": "Merger Agreement (Cboe Global Markets, Inc.)", "score": 31.138261795, "published": true}, {"hash": "jeC3ImlYy25", "uri": "/contracts/jeC3ImlYy25#replacement-awards", "label": "Merger Agreement (CBOE Holdings, Inc.)", "score": 28.3566055298, "published": true}, {"hash": "16K1ExVHSlf", "uri": "/contracts/16K1ExVHSlf#replacement-awards", "label": "Merger Agreement (CBOE Holdings, Inc.)", "score": 28.3566055298, "published": true}], "hash": "9f194e7e973fd142ec6e415741b68fe8", "id": 7}, {"snippet": "Subject to Executive\u2019s commencement of employment with the Company on the Effective Date as contemplated herein, Executive will be granted the following replacement awards intended to reimburse Executive for the forfeited cash and equity awards previously granted to Executive by Executive\u2019s former employer (the \u201cFormer Employer\u201d):\n(i) A one-time cash award payable on the first payroll following the Effective Date (the \u201cReplacement Cash Award\u201d), subject to Executive\u2019s continued employment with the Company through such payment date. The actual amount of the Replacement Cash Award shall be equal to the product of (x) $1,197,867 and (y) a fraction, the numerator of which is the number of calendar days Executive was employed by the Former Employer during the Former Employer\u2019s 2024 fiscal year and the denominator of which is 366. Notwithstanding the foregoing, in the event that Executive\u2019s employment with the Company is terminated by the Company for Cause or by Executive without Good Reason (each as defined in the Severance Plan (as defined below)), in each case, during the twelve (12)-month period following the Effective Date, Executive shall be required to repay to the Company an amount in cash equal to the after-tax value of the aggregate Replacement Cash Award within thirty (30) days following the Termination Date.\n(ii) A one-time equity award to be granted to Executive on or promptly following the Effective Date, subject to approval by the Board (or a committee thereof), valued at approximately $11,000,000, calculated in the same manner as the equity awards granted to the Company\u2019s named executive officers in early fiscal year 2024, comprised of: (A) fifty percent (50%) RSUs; and (B) fifty percent (50%) Options (the \u201cReplacement Equity Award\u201d). The Replacement Equity Award shall vest in equal installments on each of November 1, 2024, November 1, 2025 and November 1, 2026, subject to Executive\u2019s continued employment with the Company through each applicable vesting date, and shall be subject to and governed by the terms and conditions set forth in the applicable award agreement and the Incentive Plan. Notwithstanding anything to the contrary set forth herein, in the Incentive Plan or in the applicable award agreement, in the event that, during the Term, Executive\u2019s employment with the Company is terminated by the Company without Cause or by Executive for Good Reason, any unvested portion of the Replacement Equity Award shall immediately vest in full as of the Termination Date.", "snippet_links": [{"key": "to-executive", "type": "clause", "offset": [8, 20]}, {"key": "employment-with-the-company", "type": "clause", "offset": [39, 66]}, {"key": "on-the-effective-date", "type": "clause", "offset": [67, 88]}, {"key": "contemplated-herein", "type": "clause", "offset": [92, 111]}, {"key": "to-reimburse", "type": "definition", "offset": [181, 193]}, {"key": "granted-to", "type": "definition", "offset": [256, 266]}, {"key": "executive-by", "type": "definition", "offset": [267, 279]}, {"key": "former-employer", "type": "definition", "offset": [292, 307]}, {"key": "award-payable", "type": "definition", "offset": [353, 366]}, {"key": "following-the-effective-date", "type": "clause", "offset": [388, 416]}, {"key": "replacement-cash", "type": "definition", "offset": [423, 439]}, {"key": "continued-employment", "type": "clause", "offset": [472, 492]}, {"key": "payment-date", "type": "clause", "offset": [523, 535]}, {"key": "actual-amount", "type": "definition", "offset": [541, 554]}, {"key": "equal-to", "type": "definition", "offset": [594, 602]}, {"key": "the-product", "type": "definition", "offset": [603, 614]}, {"key": "number-of", "type": "clause", "offset": [683, 692]}, {"key": "calendar-days", "type": "clause", "offset": [693, 706]}, {"key": "employed-by", "type": "definition", "offset": [721, 732]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [836, 865]}, {"key": "in-the-event", "type": "clause", "offset": [867, 879]}, {"key": "by-the-company-for-cause-or-by-executive-without-good-reason", "type": "clause", "offset": [939, 999]}, {"key": "severance-plan", "type": "definition", "offset": [1024, 1038]}, {"key": "each-case", "type": "definition", "offset": [1063, 1072]}, {"key": "to-repay", "type": "clause", "offset": [1168, 1176]}, {"key": "to-the-company", "type": "definition", "offset": [1177, 1191]}, {"key": "tax-value", "type": "definition", "offset": [1229, 1238]}, {"key": "within-thirty", "type": "clause", "offset": [1279, 1292]}, {"key": "following-the-termination-date", "type": "clause", "offset": [1303, 1333]}, {"key": "promptly-following", "type": "clause", "offset": [1397, 1415]}, {"key": "approval-by-the-board", "type": "clause", "offset": [1447, 1468]}, {"key": "a-committee", "type": "clause", "offset": [1473, 1484]}, {"key": "in-the-same-manner", "type": "definition", "offset": [1543, 1561]}, {"key": "named-executive-officers", "type": "definition", "offset": [1608, 1632]}, {"key": "fiscal-year-2024", "type": "definition", "offset": [1642, 1658]}, {"key": "comprised-of", "type": "definition", "offset": [1660, 1672]}, {"key": "fifty-percent", "type": "definition", "offset": [1678, 1691]}, {"key": "replacement-equity", "type": "definition", "offset": [1746, 1764]}, {"key": "equal-installments", "type": "clause", "offset": [1817, 1835]}, {"key": "applicable-vesting-date", "type": "definition", "offset": [1978, 2001]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [2043, 2067]}, {"key": "award-agreement", "type": "definition", "offset": [2096, 2111]}, {"key": "incentive-plan", "type": "definition", "offset": [2120, 2134]}, {"key": "notwithstanding-anything-to-the-contrary", "type": "clause", "offset": [2136, 2176]}, {"key": "during-the-term", "type": "clause", "offset": [2274, 2289]}, {"key": "by-the-company-without-cause-or-by-executive-for-good-reason", "type": "clause", "offset": [2345, 2405]}, {"key": "unvested-portion", "type": "definition", "offset": [2411, 2427]}], "size": 4, "samples": [{"hash": "ktC1ppVKPaF", "uri": "/contracts/ktC1ppVKPaF#replacement-awards", "label": "Employment Agreement (Envista Holdings Corp)", "score": 35.2861061096, "published": true}], "hash": "08126803cd7d857a6a93314dc453b806", "id": 8}, {"snippet": "In order to address certain forfeitures that Executive will face upon termination of his employment with his prior employer, Executive shall be awarded or receive the following: Restricted Stock Award. Effective as of the Commencement Date, the Company will grant Executive an award of restricted shares of the Company's common stock (the \"Stock\") (valued at three hundred thousand [$300,000] dollars on the date of grant) under the Waste Management, Inc. 1993 Stock Incentive Plan (the \"Stock Incentive Plan\") that will vest in equal installments on each of the first four (4) anniversaries of the Commencement Date, subject (except as otherwise provided herein) to Executive's continuous employment with the Company through the applicable vesting date (the \"Restricted Stock Grant\"). The Restricted Stock Grant shall be deemed outstanding shares for all purposes and Executive shall be fully vested in any cash dividends paid therein (and non cash dividends being subject to the same forfeiture provisions as the underlying Restricted Stock Grant shares).", "snippet_links": [{"key": "in-order-to", "type": "clause", "offset": [0, 11]}, {"key": "certain-forfeitures", "type": "clause", "offset": [20, 39]}, {"key": "upon-termination-of", "type": "clause", "offset": [65, 84]}, {"key": "prior-employer", "type": "definition", "offset": [109, 123]}, {"key": "restricted-stock-award", "type": "definition", "offset": [178, 200]}, {"key": "as-of-the-commencement-date", "type": "clause", "offset": [212, 239]}, {"key": "the-company-will", "type": "clause", "offset": [241, 257]}, {"key": "shares-of-the-company", "type": "clause", "offset": [297, 318]}, {"key": "common-stock", "type": "definition", "offset": [321, 333]}, {"key": "dollars-on", "type": "clause", "offset": [393, 403]}, {"key": "date-of-grant", "type": "definition", "offset": [408, 421]}, {"key": "waste-management", "type": "clause", "offset": [433, 449]}, {"key": "stock-incentive-plan", "type": "definition", "offset": [461, 481]}, {"key": "equal-installments", "type": "clause", "offset": [529, 547]}, {"key": "except-as-otherwise-provided", "type": "clause", "offset": [627, 655]}, {"key": "to-executive", "type": "clause", "offset": [664, 676]}, {"key": "continuous-employment-with-the-company", "type": "clause", "offset": [679, 717]}, {"key": "applicable-vesting-date", "type": "definition", "offset": [730, 753]}, {"key": "restricted-stock-grant", "type": "clause", "offset": [760, 782]}, {"key": "the-restricted-stock", "type": "clause", "offset": [786, 806]}, {"key": "deemed-outstanding-shares", "type": "definition", "offset": [822, 847]}, {"key": "all-purposes", "type": "clause", "offset": [852, 864]}, {"key": "fully-vested", "type": "clause", "offset": [888, 900]}, {"key": "dividends-paid", "type": "definition", "offset": [913, 927]}, {"key": "subject-to-the", "type": "clause", "offset": [966, 980]}, {"key": "forfeiture-provisions", "type": "clause", "offset": [986, 1007]}, {"key": "grant-shares", "type": "definition", "offset": [1043, 1055]}], "size": 3, "samples": [{"hash": "bIqpRuQ3SJS", "uri": "/contracts/bIqpRuQ3SJS#replacement-awards", "label": "Quarterly Report", "score": 25.5023956299, "published": true}, {"hash": "bbhHha592uR", "uri": "/contracts/bbhHha592uR#replacement-awards", "label": "Employment Agreement (Waste Management Inc)", "score": 18.0, "published": true}, {"hash": "84jkRXkaNaL", "uri": "/contracts/84jkRXkaNaL#replacement-awards", "label": "Employment Agreement (Waste Management Inc)", "score": 18.0, "published": true}], "hash": "6e18843cd1fd567ae69af35176f7e75b", "id": 9}, {"snippet": "Replacement Options shall be at least as favorable to Participants in every respect as those replaced.", "snippet_links": [{"key": "replacement-options", "type": "definition", "offset": [0, 19]}], "size": 3, "samples": [{"hash": "2d94yy3JERc", "uri": "/contracts/2d94yy3JERc#replacement-awards", "label": "Equity Incentive Plan Grant (WEB.COM, Inc.)", "score": 19.0, "published": true}, {"hash": "g6f1rwWfkDH", "uri": "/contracts/g6f1rwWfkDH#replacement-awards", "label": "Stock Option Agreement (Interland Inc /Mn/)", "score": 16.0, "published": true}, {"hash": "dfvg5hwlllJ", "uri": "/contracts/dfvg5hwlllJ#replacement-awards", "label": "Equity Incentive Plan Agreement (Interland Inc /Mn/)", "score": 16.0, "published": true}], "hash": "120a16daec93cc56eb499cf89b6ac7d8", "id": 10}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhtyZXBsYWNlbWVudC1hd2FyZHMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"children": [["term-of-options", "Term of Options"], ["exercise-price", "Exercise Price"], ["types-documentation", "Types; Documentation"], ["restricted-stock-award", "Restricted Stock Award"], ["cash-award", "Cash Award"]], "size": 93, "parents": [["eligibility", "Eligibility"], ["change-in-control", "Change in Control"], ["termination-rescission-and-recapture", "Termination, Rescission and Recapture"], ["liquidation-or-dissolution", "Liquidation or Dissolution"], ["investment-purposes", "Investment Purposes"]], "title": "Replacement Awards", "id": "replacement-awards", "related": [["stock-awards", "Stock Awards", "Stock Awards"], ["awards", "Awards", "Awards"], ["other-awards", "Other Awards", "Other Awards"], ["restricted-stock-awards", "Restricted Stock Awards", "Restricted Stock Awards"], ["equity-awards", "Equity Awards", "Equity Awards"]], "related_snippets": [], "updated": "2026-05-07T05:32:46+00:00"}, "json": true, "cursor": ""}}