Acceleration Events. Notwithstanding anything in this Article III to the contrary. the Option shall become immediately exercisable as to 100% of the shares of Common Stock subject to such Option (but only to the extent such Option has not otherwise terminated or become exercisable) upon a Change of Control.
Appears in 2 contracts
Samples: Employee Stockholder’s Agreement (Bristol West Holdings Inc), Employee Stockholder’s Agreement (Bristol West Holdings Inc)
Acceleration Events. Notwithstanding anything in this Article III to the contrary. , the Option shall become immediately exercisable as to 100% of the shares of Common Stock subject to such Option (but only to the extent such Option has not otherwise terminated or become exercisable) upon a Change of Control.
Appears in 2 contracts
Samples: Employee Stockholder's Agreement (Bristol West Holdings Inc), Employee Stockholder’s Agreement (Bristol West Holdings Inc)
Acceleration Events. Notwithstanding anything in this Article III to the contrary. the , this Option shall become immediately exercisable as with respect to 100% of the shares of Common Stock subject to such Option early (but only to the extent such Option has not otherwise terminated or become exercisable) upon (i) a Termination of Employment on account of death or Disability of the Optionee, or (ii) a Change of Control.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Peabody Energy Corp)
