CIC Acceleration if Party to a Severance Agreement. If Recipient is a party to a Change in Control Severance Agreement with the Company or a parent or subsidiary of the Company, all outstanding RSUs shall immediately vest if Recipient becomes entitled to a Change in Control Severance Benefit (as defined below). A “Change in Control Severance Benefit” means the severance benefit provided for in Recipient’s Change in Control Severance
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Northwest Natural Gas Co), Restricted Stock Unit Award Agreement (Northwest Natural Gas Co), Restricted Stock Unit Award Agreement (Northwest Natural Gas Co)
CIC Acceleration if Party to a Severance Agreement. If Recipient is a party to a Change in Control Severance Agreement with the Company or a parent or subsidiary of the Company, all outstanding RSUs shall immediately vest if Recipient becomes entitled to a Change in Control Severance Benefit (as defined below). A “Change in Control Severance Benefit” means the severance benefit provided for in Recipient’s Change in Control Severance Agreement with the Company; provided, however, that such severance benefit is a “Change in Control Severance Benefit” for purposes of this Agreement only if, under the terms of Recipient’s Change in Control Severance
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Northwest Natural Gas Co), Restricted Stock Unit Award Agreement (Northwest Natural Gas Co)
CIC Acceleration if Party to a Severance Agreement. If Recipient is a party to a Change in Control Severance Agreement with the Company or a parent or subsidiary of the Company, all outstanding RSUs shall immediately vest if Recipient becomes entitled to a Change in Control Severance Benefit (as defined below). A “Change in Control Severance Benefit” means the severance benefit provided for in Recipient’s Change in Control SeveranceSeverance Agreement with the Company; provided, however, that such severance benefit is a “Change in
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Northwest Natural Gas Co)
CIC Acceleration if Party to a Severance Agreement. If Recipient is a party to a Change in Control Severance Agreement with the Company or a parent or subsidiary of the Company, all outstanding RSUs shall immediately vest if Recipient becomes entitled to a Change in Control Severance Benefit (as defined below). A “Change in Control Severance Benefit” means the severance benefit provided for in Recipient’s Change in Control SeveranceSeverance Agreement with the Company; provided, however, that such severance benefit is a “Change in Control Severance Benefit” for
Appears in 1 contract
Samples: Special Retention Restricted Stock Unit Award Agreement (Northwest Natural Gas Co)
CIC Acceleration if Party to a Severance Agreement. If Recipient is a party to a Change in Control Severance Agreement with the Company or a parent or subsidiary of the Company, all outstanding RSUs shall immediately vest if Recipient becomes entitled to a Change in Control Severance Benefit (as defined below). A “Change in Control Severance Benefit” means the severance benefit provided for in Recipient’s Change in Control Severance
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Northwest Natural Gas Co)
