Equivalent Restricted Stock

Equivalent Restricted Stock. Means, in connection with a Change of Control, a continuation of Restricted Stock by the Corporation, an agreement by the person or persons acquiring the Corporation to honor or assume the Restricted Stock following the Change of Control, or the substitution of a new restricted stock award with an inherent value equivalent to that of the original restricted stock award and on terms at least as beneficial to the Grantee as those contained in the Grantee's original Restricted Stock Agreement.