Common use of Death or Total and Permanent Disability Clause in Contracts

Death or Total and Permanent Disability. Notwithstanding any provisions of Section 4 to the contrary, in the event the Participant’s Termination of Service is due to the Participant’s death or Total and Permanent Disability prior to a date provided in subsection (b), the Forfeiture Restrictions for all of the Restricted Stock with respect to which Forfeiture Restrictions have not then lapsed shall lapse on the date of such Termination of Service due to death or Total and Permanent Disability.

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (Tuesday Morning Corp/De), Restricted Stock Award Agreement (Tuesday Morning Corp/De), Restricted Stock Award Agreement (Tuesday Morning Corp/De)

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Death or Total and Permanent Disability. Notwithstanding any provisions of Section 4 to the contrary, in the event the Participant’s Termination of Service is due to the Participant’s death or Total and Permanent Disability prior to a the date provided in subsection (b), the Forfeiture Restrictions for all of the Restricted Stock with respect to which Forfeiture Restrictions have not then lapsed shall lapse on the date of such Termination of Service due to death or Total and Permanent Disability.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Tuesday Morning Corp/De), Restricted Stock Award Agreement (Tuesday Morning Corp/De)

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