Change in Control during the Performance Period. (i) Your Units will remain outstanding during the remainder of the Performance Period and will be subject to forfeiture in the manner set forth in subsection (a) in the event of a Change in Control occurring during the Performance Period. In such event, any Units not forfeited pursuant to subsection (a) shall be deemed restricted stock under your Employment Agreement and shall fully vest as of the first day following the completion of the Performance Period.
Appears in 2 contracts
Samples: Performance Restricted Stock Unit Agreement (Health Care Property Investors Inc), Performance Restricted Stock Unit Agreement (Health Care Property Investors Inc)
Change in Control during the Performance Period. (i) Your Units will remain outstanding during the remainder of the Performance Period and will be subject to forfeiture in the manner set forth in subsection (a) in the event of a Change in Control occurring during the Performance Period. In such event, any Units not forfeited pursuant to subsection (a) shall be deemed restricted stock under your Employment Agreement and shall fully vest as of the first day following the completion date of the Performance PeriodCommittee Determination.
Appears in 2 contracts
Samples: Performance Restricted Stock Unit Agreement (Health Care Property Investors Inc), Performance Restricted Stock Unit Agreement (Health Care Property Investors Inc)