Common use of Xxxxxxx Options and Stock Appreciation Rights Clause in Contracts

Xxxxxxx Options and Stock Appreciation Rights. Each Dover Option and Dover Stock Appreciation Right that is outstanding immediately prior to the Effective Time and that is held by a Xxxxxxx Employee shall, as of the Effective Time, be cancelled and immediately replaced with a Xxxxxxx Option or a Xxxxxxx Stock Appreciation Right (as applicable) as follows:

Appears in 4 contracts

Samples: Employee Matters Agreement (DOVER Corp), Employee Matters Agreement (Knowles Corp), Employee Matters Agreement (Knowles Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.