Common use of The Date the Participant Retires Clause in Contracts

The Date the Participant Retires. The unvested Stock Units awarded under this Agreement shall vest and be payable upon the Participant’s Retirement. For purposes of this Agreement, “Retirement” means termination of employment or service on or after attaining age 55, but only if the Participant enters into a non-compete and non-solicitation agreement with the Corporation in the form provided by the Corporation.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Uap Holding Corp), Restricted Stock Unit Award Agreement (Uap Holding Corp), Restricted Stock Unit Award Agreement (Uap Holding Corp)

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The Date the Participant Retires. The unvested Stock Units awarded under this Agreement shall vest and be payable upon the Participant’s Retirement. For purposes of this Agreement, “Retirement” means termination of employment or service on or after attaining age 55, but only if the Participant enters into a non-compete and non-solicitation agreement with the Corporation in the form provided by the Corporation.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Uap Holding Corp)

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