Effect of Certain Terminations of Employment Contract Clauses (30)

Grouped Into 2 Collections of Similar Clauses From Business Contracts

This page contains Effect of Certain Terminations of Employment clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Effect of Certain Terminations of Employment. If your employment terminates as a result of your death or Disability, in each case if such termination occurs on or after the Date of Grant, all Shares of Restricted Stock which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions thereon shall lapse as of the date of such termination. If your employment is terminated by your employer for any reason other than for Cause, then the restrictions on the entire Award shall lapse on the date of your termina...tion of employment. View More
Effect of Certain Terminations of Employment. If your employment terminates as a result of your death or Disability, in each case if such termination occurs on or after the Date of Grant, Grant Date, all Shares of Restricted Stock which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions thereon shall lapse as of the date of such termination. If your employment is terminated by your employer for any reason other than for Cause, then the restrictions on the entire Award shall lapse on the later of... (i) the first anniversary of the Grant Date or (ii) the date of your termination of employment. View More
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Effect of Certain Terminations of Employment. If your employment terminates as a result of your death or Disability, in each case if such termination occurs on or after the Date of Grant, all Shares of Performance Based Restricted Stock which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions thereon shall lapse as of the date of such termination. If your employment is terminated by your employer for any reason other than for Cause, then your Award shall continue until such time as it is determi...ned that at least one of the Performance Objectives set forth in Section 3.1 above has been attained, and if attained, then the restrictions as to the entire Award shall lapse on the first anniversary of the Date of Grant (or if the termination occurs after at least one of the Performance Objectives has been attained, the restrictions as to the entire Award shall immediately lapse upon such termination). If, however, neither of the Performance Objectives is attained, the Award shall lapse in its entirety. View More
Effect of Certain Terminations of Employment. If your employment terminates as a result of your death or Disability, in each case if such termination occurs on or after the Date of Grant, Grant Date, all Shares of Performance Based Restricted Stock which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions thereon shall lapse as of the date of such termination. If your employment is terminated by your employer for any reason other than for Cause, then the restrictions on the Time-Based Shares shal...l lapse on the later of (A) the first anniversary of the Grant Date or (B) the date of your termination of employment. If your employment is terminated by your employer for any reason other than for Cause, then your Award of Performance-Based Shares shall continue until such time as it is determined that at least one of the Performance Objectives set forth in Section 3.1 3.2 above has have been attained, attained; and if attained, then the restrictions as to the entire Award of Performance-Based Shares shall lapse on the first second anniversary of the Date of Grant (or if the termination occurs after at least one Date. If, however, none of the Performance Objectives has been are attained, then the restrictions as to Award of Performance-Based Shares shall be forfeited in its entirety on the entire Award shall immediately lapse upon such termination). If, however, neither second anniversary of the Performance Objectives is attained, the Award shall lapse in its entirety. Grant Date. View More
Effect of Certain Terminations of Employment. If your employment terminates as a result of your death or Disability, in each case if such termination occurs on or after the Date of Grant, all the target number of Shares of Performance Based Restricted Stock (as set forth in Exhibit A) which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions thereon shall lapse as of the date of such termination. If your employment is terminated by your employer for any reason other than for Cause, then the Restr...icted Period shall not end and your Award shall continue until such time as it is determined that at least one of the Committee determines the extent to which the Performance Objectives set forth in Section 3.1 above has Exhibit A have been attained, and if attained, then the restrictions Restricted Period as to the entire Award shall lapse on as provided in Section 3(a) above, without regard to Section 3(b). If the first anniversary of the Date of Grant (or if the termination occurs after at least one of the minimum Performance Objectives has been attained, the restrictions as to the entire Award shall immediately lapse upon such termination). If, however, neither of the Performance Objectives is are not attained, the Award shall lapse in its entirety. View More
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