Effect of Certain Terminations of Employment Clause Example with 4 Variations from Business Contracts

This page contains Effect of Certain Terminations of Employment clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
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
Found in Quorum Health Corporation contract

Variations of a "Effect of Certain Terminations of Employment" Clause from Business Contracts

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
Found in Quorum Health Corporation contract
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...ictions on the entire Award shall lapse on the date of your termination of employment. View More
Found in Quorum Health Corporation contract
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 (a) by your employer the Company for any reason other than for Cause, Cause or (b) by you for Good Reason (with “Cause” and “Good Reaso...n” having the meanings set forth in the Employment Agreement), then all Shares of Restricted Stock which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions on the entire Award shall lapse on as of the date of your termination such termination, subject to the satisfaction of employment. the Release Conditions (as defined in the Employment Agreement). View More
Found in Quorum Health Corporation contract
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 (and all applicable Milestones shall be deemed satisfied) as of the date of such termination. If your employment is terminated (a) by your employer the Company for any reason other than ...for Cause, then Cause or (b) by you for Good Reason (with “Cause” and “Good Reason” having the meanings set forth in the Employment Agreement), then, subject to the satisfaction of the Release Conditions (as defined in the Employment Agreement), 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 on the entire Award thereon shall lapse on (and all applicable Milestones shall be deemed satisfied) as of the date of your termination such termination. -2- 5. Effect of employment. Change in Control. In the event of a Change in Control of the Company at any time on or after the Date of Grant, the terms of the Plan shall control the vesting of any Shares of Performance Based Restricted Stock which have not become vested in accordance with Section 3 or 4 hereof. View More
Found in Quorum Health Corporation contract