Common use of Accelerated Vesting Events Clause in Contracts

Accelerated Vesting Events. Notwithstanding the foregoing, to the extent such Restricted Stock Units have not previously terminated or become vested and nonforfeitable, (i) if the Grantee terminates his employment with the Company due to the Grantee’s Retirement (as defined below), then that one-third of the Restricted Stock Units that would have become vested and nonforfeitable on the next immediately following Vesting Date if the Grantee had remained employed through such date shall become vested and nonforfeitable upon such Retirement, provided, however, that, if the Grantee retires on a Vesting Date, no accelerated vesting shall occur but rather Grantee shall be entitled only to the portion of the Restricted Stock Units that were scheduled to vest on such Vesting Date; and (ii) in the event of the Grantee’s death or Disability (as defined below), one hundred percent (100%) of the Restricted Stock Units shall become vested and nonforfeitable upon such death or Disability; and (iii) upon a Change in Control, one hundred percent (100%) of the Restricted Stock Units shall become vested and nonforfeitable.

Accelerated Vesting Events. Notwithstanding the foregoing, to the extent such Restricted Stock Units have not previously terminated terminated, been forfeited or become vested and nonforfeitable, (i) if the Grantee terminates his employment with the Company due to the Grantee’s Retirement (as defined below), then that one-third of the Restricted Stock Units that would have become vested and nonforfeitable on the next immediately following Vesting Date if the Grantee had remained employed through such date shall become vested and nonforfeitable upon such Retirement, provided, however, that, if the Grantee retires on a Vesting Date, no accelerated vesting shall occur but rather Grantee shall be entitled only to the portion of the Restricted Stock Units that were scheduled to vest on such Vesting Date; and (ii) in the event of the Grantee’s death or Disability (as defined below)) while employed with the Company, one hundred percent (100%) of the Restricted Stock Units shall become vested and nonforfeitable upon such death or Disability; and (iii) upon a Change in Controlthe event of the Grantee’s Qualifying Termination, one hundred percent (100%) of the Restricted Stock Units shall become vested and nonforfeitablenonforfeitable on the date of the Qualifying Termination.

Accelerated Vesting Events. Notwithstanding the foregoingSection 3.1(a) above, to the extent such the Restricted Stock Units Units, or the applicable portion of the Restricted Stock Units, have not previously terminated terminated, been forfeited or become vested and nonforfeitable, (i) if in the Grantee terminates his employment with the Company due to event of the Grantee’s Retirement (as defined below)Retirement, then that one-third of the Restricted Stock Units that would have become vested and nonforfeitable on the next Vesting Date immediately following Vesting Date the Grantee’s Retirement date if the Grantee had remained employed through such date with the Company or a Subsidiary shall become vested and nonforfeitable upon on such RetirementRetirement date, provided, however, that, if the Grantee retires Grantee’s Retirement date occurs on a Vesting Date, no accelerated vesting shall occur but rather the Grantee shall be entitled only to the portion of the Restricted Stock Units that were scheduled to vest on such Vesting Date; and (ii) in upon the event earliest occurrence of the Grantee’s death (A) Disability Termination or Disability (as defined below)B) death, in each case while employed with the Company or a Subsidiary, the Restricted Stock Units shall become immediately vested and nonforfeitable with respect to one hundred percent (100%) of the unvested Restricted Stock Units immediately prior to such event; and (iii) in the event the Grantee experiences a Qualifying Termination, the Restricted Stock Units shall become immediately vested and nonforfeitable upon such death or Disability; and (iii) upon a Change in Control, with respect to one hundred percent (100%) of the unvested Restricted Stock Units shall become vested and nonforfeitableon the date of the Qualifying Termination.

Accelerated Vesting Events. Notwithstanding the foregoing, to the extent such Restricted Stock Units have not previously terminated terminated, been forfeited or become vested and nonforfeitable, (i) if the Grantee terminates his employment with the Company due to the Grantee’s Retirement (as defined below), then that one-third of the Restricted Stock Units that would have become vested and nonforfeitable on the next immediately following Vesting Date if the Grantee had remained employed through such date shall become vested and nonforfeitable upon such Retirement, provided, however, that, if the Grantee retires on a Vesting Date, no accelerated vesting shall occur but rather the Grantee shall be entitled only to the portion of the Restricted Stock Units that were scheduled to vest on such Vesting Date; and (ii) in the event of the Grantee’s death or Disability Termination (as defined below)) or death while employed with the Company, one hundred percent (100%) of the Restricted Stock Units shall become vested and nonforfeitable upon such death Disability Termination or Disabilitydeath; and (iii) upon a Change in Controlthe event of the Grantee’s Qualifying Termination, one hundred percent (100%) of the Restricted Stock Units shall become vested and nonforfeitablenonforfeitable on the date of the Qualifying Termination.