Common use of Modifications to Vesting Schedule Clause in Contracts

Modifications to Vesting Schedule. In the event that the Participant takes an authorized leave of absence (“LOA”) prior to the Scheduled Vesting Date, the Units subject to this Agreement that are scheduled to vest shall be modified as follows:

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (Generac Holdings Inc.), Performance Share Unit Award Agreement (Generac Holdings Inc.)

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Modifications to Vesting Schedule. In the event that the Participant takes an authorized leave of absence (“LOA”) prior to the Scheduled Vesting Date), the Units subject to Performance Shares awarded by this Agreement that are scheduled to vest shall be modified as follows:

Appears in 2 contracts

Samples: Performance Share Award Agreement (Generac Holdings Inc.), Performance Share Award Agreement (Generac Holdings Inc.)

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