Common use of RIGHTS UPON A CHANGE IN CONTROL Clause in Contracts

RIGHTS UPON A CHANGE IN CONTROL. (a) Upon a Change in Control of the Company (as defined below) during the Term, the effect upon any options, warrants, restricted stock, restricted stock units or other equity interests in the Company (the “Securities”) held in the name of Employee, or any portion thereof, shall be as provided for under the applicable grant agreements and plan document(s) governing such Securities.

Appears in 2 contracts

Samples: Employment Agreement (Northern Oil & Gas, Inc.), Employment Agreement (Northern Oil & Gas, Inc.)

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RIGHTS UPON A CHANGE IN CONTROL. (a) Upon a Change in Control of the Company (as defined below) during the Term, the effect upon any options, warrants, restricted stock, restricted stock units or other equity interests in the Company (the “Securities”) held in the name of Employee, or any portion thereof, shall be accelerate, become 100% vested and become immediately vested and, if applicable, exercisable upon any Change in Control of the Company (as provided for under the applicable grant agreements and plan document(s) governing such Securitiesdefined below).

Appears in 2 contracts

Samples: Employment Agreement (Northern Oil & Gas, Inc.), Employment Agreement (Northern Oil & Gas, Inc.)

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