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This excerpt taken from the XIDE DEF 14A filed Jul 27, 2006. Effect of
Change in Control
In the event of a “change in control” (as such term is
defined in the 2004 Plan), the Committee has the discretion,
without the need for further approval, to make arrangements for
the successor corporation to assume or provide a substantially
similar substitution for awards that have been granted, to
accelerate the vesting for awards, to arrange for payment in
exchange for cancellation of awards or make other modifications
to the awards that the Committee deems necessary. If the awards
are assumed or substituted by the successor corporation and the
participant is involuntarily terminated within twelve months
following the change in control, all of the participant’s
awards will become fully vested and, with respect to options,
fully exercisable.
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