Common use of Termination of Service Due to Death or Disability Clause in Contracts

Termination of Service Due to Death or Disability. Upon a termination of the Participant’s Service by reason of death or Disability that occurs at any time prior to the final Settlement Date, then the Award shall be settled in accordance with Section 2 above in respect of the number of then-outstanding RSUs, except that notwithstanding Section 1, such RSUs shall be immediately fully vested and settled within sixty (60) days following such termination of Service, subject to the applicable limitations set forth in Section 2 above.

Appears in 3 contracts

Samples: Award Agreement (Dave & Buster's Entertainment, Inc.), Restricted Stock Unit Agreement (Dave & Buster's Entertainment, Inc.), Restricted Stock Unit Agreement (Dave & Buster's Entertainment, Inc.)

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Termination of Service Due to Death or Disability. Upon a termination of the Participant’s Service by reason of death or Disability that occurs at any time prior to the final Settlement Date, then the Award shall be settled in accordance with Section 2 above in respect of the number of then-outstanding RSUs, except that notwithstanding Section 1, such RSUs shall be immediately fully vested and settled within sixty (60) days on the Settlement Date next following such termination of Service, subject to the applicable limitations set forth in Section 2 above.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Dave & Buster's Entertainment, Inc.), Restricted Stock Unit Agreement (Dave & Buster's Entertainment, Inc.)

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