Equity Plans definition
Examples of Equity Plans in a sentence
At the Effective Time, pursuant to this Agreement and the Assignment and Assumption Agreement, the Company will transfer to Holdco, and Holdco will assume sponsorship of the Company’s Equity Plans (as defined below), along with all of the Company’s rights and obligations under the Equity Plans.
Effective as of the Effective Time, Company hereby assigns, transfers, and conveys to Holdco all of Company’s rights, obligations, and liabilities under: (a) the Company Equity Plans; (b) each Company Equity Award and agreement or instrument evidencing the same, and (c) the Other Arrangements listed on Exhibit B.
The parties agree that the Reorganization does not constitute a “Change in Control” or similar under the Company Equity Plans, the Company Equity Awards or the Other Arrangements.
The Company has delivered or made available to Parent or Parent’s Representatives copies of all Company Equity Plans covering all Options, RSUs and PSUs outstanding as of the Agreement Date and the forms of all award agreements evidencing such Options, RSUs and PSUs (and any award agreements that deviate from the form).