COMS » Topics » Stock Options and Stock Appreciation Rights.

This excerpt taken from the COMS DEF 14A filed Aug 26, 2005.
Stock Options and Stock Appreciation Rights.    In the event of a change of control of 3Com, the successor corporation will either assume or provide a substitute award for each outstanding stock option and stock appreciation right. In the event the successor corporation refuses to assume or provide a substitute award, the Committee will provide at least 15 days notice that the option or stock appreciation right will immediately vest and become exercisable as to all of the shares subject to such Award and that such Award will terminate upon the expiration of such notice period.

 

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