Change in Control Provisions definition

Change in Control Provisions means the terms and provisions set forth in Appendix A.
Change in Control Provisions means the following provisions of the Plan: the definitions of "GTE Benefits Programs," "GTE Benefits Protection Trust," and "Original Verizon Entities, " and the parenthetical phrase in the definition of "Residual Assets" in Article II; Section 9.16; the words "Except as otherwise provided herein," at the beginning of each of Sections 11.1, 11.2 and 11.3; this Section 11A.1; the proviso in Section 12.2(g); Section 12.2(h); the words "Except as otherwise provided in subsection (h) thereof," at the beginning of Section 12.3; and the second sentence of Section 14.8.
Change in Control Provisions means (1) the last sentence of Section 4.04(c), (2) Section 5.03, and (3) this Section 5.04(b).

Examples of Change in Control Provisions in a sentence

  • Except as otherwise provided in the Plan, including Section 11 (Change in Control Provisions) and Section 14(d) thereof, or in this Paragraph 8, if Participant’s employment with the Company or any Subsidiary or Affiliate terminates for any reason, the Award and all Restricted Stock Units (and any related Dividend Equivalents) held by Participant that are unvested or subject to restriction at the time of such termination shall be forfeited automatically immediately after such termination.

  • Except as otherwise provided in the Plan, including Section 11 (Change in Control Provisions) and Section 14(d) thereof, or in this Paragraph 8, if Participant’s employment with the Company or any Subsidiary or Affiliate terminates for any reason, the Award and all Restricted Stock Units (and any related Dividend Equivalents) held by Participant that are unvested or subject to restriction at the time of such termination shall be forfeited automatically.

  • In addition to the provisions of the Plan referenced above, this Award shall also be subject to the following provisions of the Plan: Article III (Administration), Article XI (Change in Control Provisions) and Article XIII (Miscellaneous).

  • In addition to the provisions of the Plan referenced above, this Award shall also be subject to the following provisions of the Plan: Article III (Administration), Section 4.7 (Effect of Certain Changes), Article XI (Change in Control Provisions) and Article XIII (Miscellaneous).

  • Except as otherwise provided in the Plan, including Section 11 (Change in Control Provisions) and Section 14(d) thereof, or in this Paragraph 9, if Participant’s employment with the Company or any Subsidiary or Affiliate terminates for any reason, the Award and all Restricted Stock Units (and any related Dividend Equivalents) held by Participant that are unvested or subject to restriction at the time of such termination shall be forfeited automatically immediately after such termination.

  • Notwithstanding the foregoing provisions, in the event of a Change in Control, the Cash-Based Award under this Agreement shall be subject to the Change in Control Provisions set forth in the Plan.

  • Except as otherwise provided in the Plan, including Section 11 (Change in Control Provisions) and Section 14(d) thereof, if Participant’s employment with the Company or any Subsidiary or Affiliate terminates for any reason other than death, the Award and all Restricted Stock Units (and any related Dividend Equivalents) held by Participant that are unvested or subject to restriction at the time of such termination shall be forfeited automatically immediately after such termination.

  • Except as otherwise provided in the Plan, including Section 11 (Change in Control Provisions) and Section 14(d) thereof, if Participant’s employment with the Company or any Subsidiary or Affiliate terminates for any reason other than death, the Award and all Restricted Stock Units held by Participant that are unvested or subject to restriction at the time of such termination shall be forfeited automatically.

  • Notwithstanding anything herein to the contrary, in the event that Employee’s employment with Employer terminates under circumstances that would entitle Employee to severance compensation and benefits pursuant to Section 6 (Change in Control Provisions) of the 2009 OSP, Employee shall be entitled to receive such severance compensation and benefits in accordance with and subject to the terms and conditions of said Section 6 and the ▇▇▇▇ ▇▇▇.

  • The initial term of sections 7, 8 , 9 and 12 of this Agreement (the “Change in Control Provisions”) shall be three (3) years from the date hereof, and the Change in Control Provisions shall automatically renew for successive three (3) year terms unless terminated by the Corporation, in its sole discretion, by delivering to Executive written notice thereof provided to Executive at least eighteen (18) months prior to the end of the initial term or such successive terms, as applicable.


More Definitions of Change in Control Provisions

Change in Control Provisions. With respect to options granted in accordance with this Section 3.8, upon the occurrence of a change in control of the Company, as such term is defined in the 1994 Option Plan, the vesting of the options granted under Section 3.8 (a) (ii) would remain contingent upon the Executive's agreement to enter into and fully perform under a two-year employment contract with the Company or successor company, under substantially comparable compensation terms as are then current, provided, however, that said options would immediately vest upon the Company's or successor company's termination without cause of said employment contract or failure to agree to such an extension prior to the date of the change in control. In the event that, as a result of the aforementioned change in control, there no longer exists a public market for the Company's securities, the stock issued upon exercise of the options referenced in the preceding sentence would, upon vesting and exercise, be immediately purchased by the Company or successor company at the Change in Control Price, as defined in the 1994 Option Plan or, if greater, the fair value of the stock determined by the Company in good faith, such purchase price to be payable in cash in immediately available funds. The Company shall have the obligation to buy, and the Executive shall have the obligation to sell the stock covered by this Section 3.8 at the time and on the terms set forth herein.