Acceleration of Vesting Contract Clauses (62)

Acceleration of Vesting. The Committee may at any time or times in its discretion accelerate the vesting of some or all of your Restricted Shares by specifying a date, other than what is provided in this Agreement, on which the Period of Restriction ends and such Shares will no longer be subject to restrictions. Any such Shares that become vested under this paragraph 8 will not be forfeited under paragraph 9 of this Exhibit A.

Acceleration of Vesting. 1.3Prohibited Activities. 2.2Qualifying Termination Defined. EX-10.8.2 5 yrcw-20181231xex1082.htm EXHIBIT 10.8.2 Exhibit EXHIBIT 10.8.2YRC WORLDWIDE INC. RESTRICTED STOCK AGREEMENT Participant: [______] Date of Grant: [______] Number of Shares of Restricted Stock: [______] shares of YRC Worldwide Inc. common stock Vesting Schedule: 100 % of the shares of Restricted Stock will vest on the thirtieth (30) day of the period when the volume-weighted average trading price of the Company's common stock... over said thirty (30)-day period is equal to or greater than $11.75 per share, provided such period occurs on or before December 31, 2020 ("Stock Price Goal") Grant of Restricted StockThe above-named Participant is hereby granted the above number of shares of YRC Worldwide Inc. $0.01 par value per share common stock in accordance with the Vesting Schedule described above, subject to the terms and conditions described in this Restricted Stock Agreement (this "Agreement") and the YRC Worldwide Inc. 2011 Incentive and Equity Award Plan or any successor thereto (the "Plan").By your acceptance of the Restricted Stock set forth in this Agreement, you agree that the Restricted Stock is granted under and governed by the terms of the Plan, this Agreement, and the Terms and Conditions of Restricted Stock Agreements for Employees attached to this Agreement. You further acknowledge and agree that (i) you have received, reviewed and understand the Plan, including the provisions that the Compensation Committee's decision on any matter arising under the Plan is conclusive and binding, and (ii) this Agreement amends and supersedes any other agreement or statement, oral or written, in its entirety regarding the vesting or holding period of the Restricted Stock. YRC Worldwide Inc. Acceptance of ParticipantBy Title Print You agree that your acceptance of this Agreement may be evidenced either by your signature above or by your electronic acceptance through the award administrator's website (as of the date of grant, the administrator is Fidelity). YRC WORLDWIDE INC. TERMS AND CONDITIONS RESTRICTED STOCK AGREEMENTS FOR EMPLOYEES These Terms and Conditions are applicable to the Agreement (the "Restricted Stock") granted to Employees pursuant to the YRC Worldwide Inc. 2011 Incentive and Equity Award Plan or any successor thereto (the "Plan"). View More

Acceleration of Vesting. Effective as of the date hereof, notwithstanding anything to the contrary in the Plans or any Award Agreement, immediately upon the Participant's resignation as a director, vesting of the Option to purchase 7,500 shares of common stock of the Company granted to Participant on September 12, 2019 under the 2019 Equity Incentive Plan shall be accelerated such that the Option shall be fully vested on the Resignation Date. This Section 2 shall amend any term to the contrary contained in the 2019 Equi...ty Incentive Plan and any Award Agreement of the Participant under the 2019 Equity Incentive Plan outstanding on the date hereof. View More