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VRSN » Topics » Dissolution, Liquidation or Change of Control

This excerpt taken from the VRSN DEF 14A filed Apr 26, 2005.

Dissolution, Liquidation or Change of Control

 

Immediately prior to the dissolution or liquidation of VeriSign or a “change in control” transaction, the vesting of all options granted pursuant to the Directors Plan will accelerate and the options will become exercisable in full prior to the consummation of such event, and must be exercised, if at all, within six months of the consummation of said event, after which period any unexercised options will expire.

 

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