Termination by Reason of Retirement. If the Grantee’s employment by the Company terminates by reason of Retirement (as defined in the Plan), the Restricted Stock Units granted hereunder shall not be forfeited but shall continue to vest and be settled in Stock to the Grantee on the same schedule as provided in Section 2 (or otherwise) as if the Grantee had continued employment through each such Vesting Date (or such other vesting event pursuant to Section 3.4 or Section 5.2).
Appears in 4 contracts
Samples: 2020 Restricted Stock Unit Award Agreement (Tivity Health, Inc.), 2020 Restricted Stock Unit Award Agreement (Tivity Health, Inc.), 2020 Restricted Stock Unit Retention Award Agreement (Tivity Health, Inc.)
Termination by Reason of Retirement. If the Grantee’s 's employment by the Company terminates by reason of Retirement (as defined in the Plan), the Restricted Stock Units granted hereunder shall not be forfeited but shall continue to vest and be settled in Stock to the Grantee on the same schedule as provided in Section 2 (or otherwise) as if the Grantee had continued employment through each such Vesting Date (or such other vesting event pursuant to Section 3.4 or Section 5.2).
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (Healthways, Inc), Restricted Stock Unit Award Agreement (Healthways, Inc), Restricted Stock Unit Award Agreement (Healthways, Inc)
Termination by Reason of Retirement. If the Grantee’s 's employment by with the Company terminates by reason of Retirement (as defined in the Plan), the Restricted Market Stock Units granted hereunder shall not be forfeited but shall continue to vest and be settled in Stock to the Grantee on in the same schedule manner as provided described in Section 2 (or otherwise) as if the Grantee had continued employment through each such the Vesting Date (or such other vesting event pursuant to Section 3.4 3.3 or Section 5.2)) and based on actual performance of the Company as determined in accordance with Section 1 and Exhibit A hereto.
Appears in 2 contracts
Samples: Market Stock Unit Award Agreement (Healthways, Inc), Market Stock Unit Award Agreement (Healthways, Inc)
Termination by Reason of Retirement. If the Grantee’s 's employment by with the Company terminates by reason of Retirement (as defined in the Plan), the Restricted Stock Units granted hereunder shall not be forfeited but shall continue to vest and be settled in Stock to the Grantee on the same schedule as provided in Section 2 (or otherwise) as if the Grantee had continued employment through each such Vesting Date (or such other vesting event pursuant to Section 3.4 3.3 or Section 5.2).
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Healthways, Inc), Restricted Stock Unit Award Agreement (Tivity Health, Inc.)
Termination by Reason of Retirement. If the Grantee’s employment by the Company terminates by reason of Retirement (as defined in the Plan), the Restricted Stock Units granted hereunder shall not be forfeited but shall continue to vest and be settled in Stock or cash, as applicable, to the Grantee on the same schedule as provided in Section 2 (or otherwise) as if the Grantee had continued employment through each such Vesting Date (or such other vesting event pursuant to Section 3.4 or Section 5.2).
Appears in 1 contract
Samples: 2019 Restricted Stock Unit Award Agreement (Tivity Health, Inc.)