Examples of Release Condition in a sentence
Subject to Participant’s (or Participant’s legal representative’s) satisfaction of the Release Condition, if, prior to a Change in Control, Participant’s Continuous Service terminates prior to the Certification Date as a result of Participant’s death or Disability, all Restricted Stock Units will vest based on deemed achievement of target performance as of the date on which such termination occurs.
In the event of a Release Condition, Contractor hereby grants to the Judicial Branch Entities a perpetual, irrevocable, worldwide, nonexclusive, royalty-free, fully paid-up, nonexclusive license to use, reproduce, modify and create derivative works of the Licensed Software (in Source Code and object code form) for the purpose of maintaining and supporting the Licensed Software for use in accordance with the terms of this Agreement.