Death, Disability, Retirement. If the Participant, dies, becomes Disabled or Retires during the Performance Period, the Participant shall vest in a number of RSUs based on the achievement of the Performance Objectives determined as of the fiscal quarter ended nearest to the Participant’s death, Disability or Retirement. Vested RSUs shall be settled in a lump sum within 60 days following the Participant’s death, Disability or Retirement.
Appears in 6 contracts
Samples: Equity Incentive Plan (First Defiance Financial Corp), 2010 Equity Incentive Plan (First Defiance Financial Corp), Equity Incentive Plan (First Defiance Financial Corp)
Death, Disability, Retirement. If the Participant, dies, becomes Disabled or Retires during the any Performance Period, the Participant shall vest in a number of RSUs for that Performance Period based on the achievement of the Performance Objectives determined as of the fiscal quarter ended nearest to the Participant’s death, Disability or Retirement. Vested RSUs shall be settled in a lump sum within 60 days following the Participant’s death, Disability or Retirement.
Appears in 2 contracts
Samples: Award Agreement (First Defiance Financial Corp), Award Agreement (First Defiance Financial Corp)
Death, Disability, Retirement. (i) If the Participant, Participant dies, becomes Disabled or Retires during the Performance PeriodPeriod (other than as described in Section 6(c)), the Participant shall vest in a number of RSUs calculated based on the actual level of achievement of the Performance Objectives determined as of Objective through the fiscal quarter ended nearest to the Participant’s death, Disability or Retirement. Vested RSUs shall be settled in a lump sum within 60 days following the Participant’s death, Disability or Retirement.
Appears in 2 contracts
Samples: Award Agreement (First Defiance Financial Corp), Award Agreement (First Defiance Financial Corp)
