Common use of Termination of Service as a Director Clause in Contracts

Termination of Service as a Director. Except as set forth in Section 5 below, and unless otherwise determined by the Committee, if the Participant’s service as a director of the Company or an Affiliate, as applicable, is terminated at any time prior to the date upon which all RSUs awarded pursuant to Section 1 above are fully vested pursuant to Section 3 above (the “Final Vesting Date”):

Appears in 2 contracts

Samples: Award Agreement (Montpelier Re Holdings LTD), Award Agreement (Montpelier Re Holdings LTD)

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Termination of Service as a Director. Except as set forth in Section 5 below, and unless otherwise determined by the Committee, if the Participant’s service as a director of the Company or an Affiliate, as applicable, is terminated at any time prior to the date upon which all RSUs awarded pursuant to Section 1 above are fully vested pursuant to Section 3 above (the “Final Vesting Date”):);

Appears in 2 contracts

Samples: Award Agreement (Blue Capital Reinsurance Holdings Ltd.), Award Agreement (Blue Capital Reinsurance Holdings Ltd.)

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