Retirement, Death or Disability. Notwithstanding the foregoing, in the event that the Participant’s Employment terminates due to death, disability, or retirement, the Participant shall be deemed earned in the Restricted Stock Units that would have been earned on the Performance Dates prior to Participant’s termination. These earned Restricted Stock Units will become vested on February 28, 2009 and Earned Portion of the Restricted Stock Units shall be issued or transferred to the Participant, or the Participant’s estate in the event of death, pursuant to Section 4(a).
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Foundation Coal CORP), Restricted Stock Unit Agreement (Foundation Coal Holdings, Inc.)
Retirement, Death or Disability. Notwithstanding the foregoing, in the event that the Participant’s Employment terminates due to death, disability, or retirement, the Participant shall be deemed earned in the Restricted Stock Units that would have been earned on the Performance Dates prior to Participantparticipant’s termination. These earned Restricted Stock Units will become vested on February 28March 17, 2009 2008 and Earned Portion of the Restricted Stock Units shall be issued or transferred to the Participant, or the Participant’s estate in the event of death, pursuant to Section 4(a).
Appears in 2 contracts
Samples: 2004 Stock Incentive Plan (Foundation Coal Holdings, Inc.), Restricted Stock Unit Agreement (Foundation Coal Holdings, Inc.)
Retirement, Death or Disability. Notwithstanding the foregoing, in the event that the Participant’s Employment terminates due to death, disability, or retirement, the Participant shall be deemed earned in the Restricted Stock Units that would have been earned on the Performance Dates prior to Participantparticipant’s termination. These earned Restricted Stock Units will become vested on February 28March 17, 2009 and Earned Portion of the Restricted Stock Units shall be issued or transferred to the Participant, or the Participant’s estate in the event of death, pursuant to Section 4(a).
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Foundation Coal Holdings, Inc.), 2004 Stock Incentive Plan (Foundation Coal Holdings, Inc.)
Retirement, Death or Disability. Notwithstanding the foregoing, in the event that the Participant’s Employment terminates due to death, disability, or retirement, the Participant shall be deemed earned in the Restricted Stock Units that would have been earned on the Performance Dates prior to Participantparticipant’s termination. These earned Restricted Stock Units will become vested on February 28, 2009 and Earned Portion of the Restricted Stock Units shall be issued or transferred to the Participant, or the Participant’s estate in the event of death, pursuant to Section 4(a).
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Foundation Coal Holdings, Inc.)