Examples of Pre-CIC Period in a sentence
Notwithstanding the foregoing, if Executive’s employment is terminated without Cause or Executive terminates his employment for Good Reason, in either case, following the occurrence of a Triggering Event or during the Pre-CIC Period, to the extent not already vested, the Contingency Share Units will vest in full and be settled on the date of such termination.
Notwithstanding the foregoing, if Executive’s employment is terminated without Cause or Executive terminates his employment for Good Reason, following the occurrence of a Triggering Event or during the Pre-CIC Period (as defined in Section 4), to the extent not already vested, the Annual Grant Share Units will vest in full and be settled on the date of such termination.
If Executive’s employment is terminated by Inland Management without Cause or if Executive resigns for Good Reason, and such termination is during the Pre-CIC Period or within the twenty-four- (24-) month period following a Change in Control, then, subject to Section 5 and Section 8, Executive will receive a lump sum payment equal to 2 times the sum of (i) Executive’s Base Salary and (ii) Executive’s Target Bonus for the year in which termination occurs.
Notwithstanding the foregoing, if Executive’s employment is terminated by the Company without Cause or if Executive resigns for Good Reason, in either case, following the occurrence of a Retail/Non-Core Triggering Event or during the Pre-CIC Period, to the extent not already vested, the Annual Grant Share Units will vest in full and be settled, net of tax withholding, on the date of such termination or resignation.
Notwithstanding the foregoing, if Executive’s employment is terminated without Cause or Executive terminates his employment for Good Reason, in either case, following the occurrence of a Retail/Non-Core Triggering Event or during the Pre-CIC Period, to the extent not already vested, the Retail/Non-Core Contingency Share Units will vest in full and be settled on the date of such termination.
If Executive’s employment is terminated by the Company without Cause or if Executive resigns for Good Reason, and such termination is during the Pre-CIC Period or within the twenty-four- (24-) month period following a Change in Control the Retail/Non-Core Business, then, subject to Section 5 and Section 8, Executive will receive a lump sum payment equal to two (2) times the sum of (i) Executive’s Base Salary and (ii) Executive’s Target Bonus for the year in which termination occurs.
If a Qualifying Termination occurs during the CIC Period, then subject to subsection 3 below, one hundred percent (100%) of any then unvested Eligible Units will accelerate vesting in full (but with respect to any Qualifying Termination that occurs -3- during the Pre-CIC Period, after giving effect to any CIC Certification, if applicable).
For purposes of clarity, if such Qualifying Termination occurs during the Pre-CIC Period, then subject to subsection 3.
With respect to the pro-rated portion of the award attributable to the Pre-CIC Period, the award shall vest at the level determined based on actual performance during the Pre-CiC Period.
If Executive’s employment is terminated by the Company without Cause or if Executive resigns for Good Reason, and such termination is during the Pre-CIC Period or within the twenty-four- (24-) month period following a Change in Control the Retail/Non-Core Business, then, subject to Section 5 and Section 8, Executive will receive a lump sum payment equal to two and one-half (2.5) times the sum of (i) Executive’s Base Salary and (ii) Executive’s Target Bonus for the year in which termination occurs.