Share Ownership Requirements. For purposes of the share ownership requirements of the Trust’s governance guidelines, the Shares issued to the Grantee under the Program shall be treated as though they were restricted shares that became vested upon issuance. However, any share ownership requirement that results from this provision shall immediately lapse upon the Grantee’s termination of employment with the Employer.
Appears in 13 contracts
Samples: Award Agreement (Brandywine Operating Partnership, L.P.), Restricted Performance Share Unit Award Agreement (Brandywine Operating Partnership, L.P.), Award Agreement (Brandywine Operating Partnership, L.P.)
Share Ownership Requirements. For purposes of the share ownership requirements of the Trust’s 's governance guidelines, the Shares issued to the Grantee under the Program shall be treated as though they were restricted shares that became vested upon issuance. However, any share ownership requirement that results from this provision shall immediately lapse upon the Grantee’s 's termination of employment with the Employer.
Appears in 2 contracts
Samples: Award Agreement (Brandywine Operating Partnership, L.P.), Award Agreement (Brandywine Operating Partnership, L.P.)
