Common use of Special Vesting Upon Death, Disability and Retirement Clause in Contracts

Special Vesting Upon Death, Disability and Retirement. Notwithstanding Section 5(a), in the event that the Grantee’s employment with the Company is terminated upon the occurrence of an event specified in sub-clauses (i) or (ii) below, the Restricted Stock Units shall vest on the dates specified in sub-clauses (i) or (ii) (as applicable) below:

Appears in 3 contracts

Samples: Long Term Incentive Plan (Under Armour, Inc.), Time Based Restricted Stock Unit Grant Agreement (Under Armour, Inc.), Restricted Stock Unit Grant Agreement (Under Armour, Inc.)

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Special Vesting Upon Death, Disability and Retirement. Notwithstanding Section 5(a6(a), in the event that the Grantee’s employment with the Company is terminated upon the occurrence of an event specified in sub-clauses (i) or through (iiiv) below, the Restricted Stock Units Earned RSUs shall vest on the dates specified in sub-clauses (i) or through (iiiv) (as applicable) below:

Appears in 2 contracts

Samples: Performance Based Restricted Stock Unit Grant Agreement (Under Armour, Inc.), Performance Based Restricted Stock Unit Grant Agreement (Under Armour, Inc.)

Special Vesting Upon Death, Disability and Retirement. Notwithstanding Section 5(a6(a), in the event that the Grantee’s employment with the Company is terminated upon the occurrence of an event specified in sub-clauses (i) or through (iiiv) below, the Restricted Stock Units or Earned RSUs, as applicable, shall vest on the dates specified in sub-clauses (i) or (ii) (as applicable) below:

Appears in 2 contracts

Samples: Restricted Stock Unit Grant Agreement (Under Armour, Inc.), Performance Based Restricted Stock Unit Grant Agreement (Under Armour, Inc.)

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Special Vesting Upon Death, Disability and Retirement. Notwithstanding Section 5(a6(a), in the event that the Grantee’s employment with the Company is terminated upon the occurrence of an event specified in sub-clauses (i) or (ii) below, the Restricted Stock Units Options or Earned Options, as applicable, shall vest on the dates specified in sub-clauses (i) or (ii) (as applicable) below:

Appears in 1 contract

Samples: Performance Based Option Grant Agreement (Under Armour, Inc.)

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