Common use of Change in Control Event Clause in Contracts

Change in Control Event. If the Participant’s employment or service is terminated by the Company or any Subsidiary without “Cause” (as defined in the Plan) or by the Participant for “Good Reason” (as defined in the Plan), in each case within 18 months following a Change in Control Event, this Option shall vest and become 100% exercisable upon the date of such termination of employment or service and the right to exercise this Option shall terminate one year following such date (but in no event after the Final Exercise Date).

Appears in 4 contracts

Samples: Nonstatutory Stock Option Agreement (Thermo Fisher Scientific Inc.), Nonstatutory Stock Option Agreement (Thermo Fisher Scientific Inc.), Nonstatutory Stock Option Agreement (Thermo Fisher Scientific Inc.)

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Change in Control Event. If the Participant’s employment or service is terminated by the Company or any Subsidiary without “Cause” or Affiliate due to a Qualifying Termination (as defined in the PlanSection 5(e) or by the Participant for “Good Reason” (as defined in the Plan), in each case below) within 18 months following a Change in Control Event, this Option shall vest and become 100% exercisable upon the date of such termination of employment or service and the right to exercise this Option shall terminate one year following such date (but in no event after the Final Exercise Date).

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Thermo Fisher Scientific Inc.), Nonstatutory Stock Option Agreement (Thermo Fisher Scientific Inc.)

Change in Control Event. If the Participant’s employment or service is terminated by the Company or any Subsidiary without “Cause” (as defined in the Planbelow) or by the Participant for “Good Reason” (as defined in the Plan), in each case within 18 months following a Change in Control Event, this Option shall vest and become 100% exercisable upon the date of such termination of employment or service and the right to exercise this Option shall terminate one year following such date (but in no event after the Final Exercise Date).

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Thermo Fisher Scientific Inc.)

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Change in Control Event. If the Participant’s employment or service is terminated by the Company or any Subsidiary or Affiliate without “Cause” (as defined in the Planbelow) or by the Participant for “Good Reason” (as defined in the Plan), in each case within 18 months following a Change in Control Event, this Option shall vest and become 100% exercisable upon the date of such termination of employment or service and the right to exercise this Option shall terminate one year following such date (but in no event after the Final Exercise Date).

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Thermo Fisher Scientific Inc.)

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