Examples of Matching assets in a sentence
In the event of any termination, each Participant shall be entitled to 100% of the Participant Shares, Participant Assets, Matching Shares and Matching Assets in the Participant’s Account as of the date of such termination, which shall be distributed to each Participant within ninety (90) days following termination of the Plan.
All Participant Shares, Participant Assets, Matching Shares and Matching Assets shall be fully vested immediately upon receipt of such Shares or assets, as applicable, by the Trustee.
On the termination of the Participant’s Service for any reason: (i) the Participant Shares and Participant Assets, and (ii) any and all Matching Shares and Matching Assets, shall be dealt with as provided in Section 9.
On the termination of the Participant’s Service for any reason: (i) the Participant Shares and Participant Assets, and (ii) any and all Vested Matching Shares and Vested Matching Assets, shall be dealt with as provided in Section 9.
In the absence of specific instructions as to the method of distribution or transfer, the Administrator will make payment to the Participant by delivering to the Participant all Participant Shares, Participant Assets, Vested Matching Shares and Vested Matching Assets held in the Participant’s Account.
Accordingly, on the Cessation Date, all Unvested Matching Shares and Unvested Matching Assets shall be forfeited to the Company without any further action of the Participant, and any right or entitlement of the Participant to such Unvested Matching Shares and Unvested Matching Assets shall immediately cease and terminate.
If there is an event which has a Material Adverse Effect, as defined in the St. Louis Agreement, on the AT&T Matching Assets that is not caused by the management of the AT&T Matching Assets by the Charter Entities, between the time of the First St. Louis Closing and the time all the conditions to the Florida Closing are met, the Charter Entities will not be obligated to close on the AT&T Matching Assets and the parties will negotiate in good faith to determine how to proceed.
Until the Matching Shares are released and transferred to the Participant’s Account at the end of the Vesting Period in accordance with Section 4.2, the Participant (or any successor in interest) shall not have any shareholder rights (including, without limitation, voting, dividend or liquidation rights) with respect to the Unvested Matching Shares or Unvested Matching Assets.