Accelerated Vesting Event definition

Accelerated Vesting Event means the occurrence of any one of the following events:

Accelerated Vesting Event means the occurrence of any one of

Accelerated Vesting Event means the occurrence of:

Examples of Accelerated Vesting Event in a sentence

• The Plan provides that it is solely within the discretion of the Board of Directors (the “Board”) to determine which directors, employees and other service providers may be awarded options under the Plan, and under what terms they will be granted, as well as any amendments or variations to these terms in the event of an Accelerated Vesting Event (as defined by the Plan).

• The determination of the Board in respect of any such Accelerated Vesting Event shall for the purposes of this Plan be final, conclusive and binding.

• If any Accelerated Vesting Event occurs while a Participant is employed by any member of the Group and before the Vesting Date, all Options or Performance Rights held by that Participant and that had not vested prior to the Accelerated Vesting Event, will immediately vest.

• An Accelerated Vesting Event is either where an offer is made by a person to acquire all of the Shares that are not owned by the offeror, and after the announcement of that offer, the offeror acquires control of the company; or where a takeover bid or scheme of arrangement is recommended by the Board.

• If there occurs an Accelerated Vesting Event each Option held by an Optionee may be exercised by the Optionee at any time or from time to time on or before the 60th day after such event, provided that, with respect to an Option held by an Officer or Employee the Accelerated Vesting Event must have occurred on or before the last day on which the Officer or Employee worked for the Corporation or a Subsidiary.

More Definitions of Accelerated Vesting Event

Accelerated Vesting Event means, with respect to a particular Person, an event that results in the acceleration of the vesting of the Class B Units pursuant to any agreement, plan or arrangement, including any employment agreement, grant agreement or an employee benefit plan, pursuant to which Class B Units were granted to such Person.

Accelerated Vesting Event means the effective time of a Change of Control;

Accelerated Vesting Event means a transaction or a series of related transactions involving: (i) a liquidation, dissolution or winding-up of the Company, whether voluntary or involuntary; (ii) a Change in Control and (iii) a sale, lease or other disposition of all or substantially all of the assets of the Company and its subsidiaries on a consolidated basis. For purposes hereof, a “Change in Control” means any transaction or series of related transactions, whether or not the Company is a party thereto, in which, after giving effect to such transaction or transactions, securities representing in excess of fifty percent (50%) of the voting power of the Company (calculated on a fully-diluted basis) are owned directly, or indirectly through one or more entities, by any Person other than the SPG Members and their Affiliates. For the purposes hereof, “SPG Members” shall mean Snow Xxxxxx Group AIV L.P., Snow Xxxxxx Group AIV (Offshore) L.P., SPG Co-Investment, L.P., Snow Xxxxxx Group (B), L.P. and Snow Xxxxxx Group (RPV), L.P.

Accelerated Vesting Event means, in respect of a Grantee, a Termination Without Cause occurring within six months after the effective time of a Liquidity Event;

Accelerated Vesting Event means: (a) the sale of all or substantially all of the property or assets of the Fund; (b) the sale of all or substantially all of the property or assets of Master Texas; (d) the wind-up of the Fund; (e) the wind-up of Master Texas; or (f) the repayment in full of the corresponding Notes;

Accelerated Vesting Event means the earliest to occur of the following events:

Accelerated Vesting Event means the occurrence of a Control Event;