Acceleration of Vesting upon Death or Disability. In the event Participant ceases to be a Director as the result of Participant’s death or “Disability” prior to the fifteenth (15th) anniversary of the Vesting Commencement Date, 100% of the Restricted Stock Units that have not vested as of such date will immediately vest. For these purposes, “Disability” will mean a total and permanent disability as defined in Section 22(e)(3) of the Code as determined by the Administrator and in accordance with the Plan.
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Samples: Restricted Stock Unit Award Agreement (National Instruments Corp /De/), Restricted Stock Unit Award Agreement (National Instruments Corp)
Acceleration of Vesting upon Death or Disability. In the event Participant ceases to be a Director as the result of Participant’s death or “Disability” prior to the fifteenth (15th) [X] anniversary of the Vesting Commencement Date, 100% of the Restricted Stock Units that have not vested as of such date will immediately vest. For these purposes, “Disability” will mean a total and permanent disability as defined have the meaning set forth in Section 22(e)(3) of the Code as determined by the Administrator and in accordance with the Plan.
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Samples: Restricted Stock Unit Award Agreement (National Instruments Corp)
Acceleration of Vesting upon Death or Disability. In the event Participant ceases to be a Director as the result of Participant’s death or “"Disability” " prior to the fifteenth (15th) [X] anniversary of the Vesting Commencement Date, 100% of the Restricted Stock Units that have not vested as of such date will immediately vest. For these purposes, “"Disability” " will mean a total and permanent disability as defined have the meaning set forth in Section 22(e)(3) of the Code as determined by the Administrator and in accordance with the Plan.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (National Instruments Corp)