Common use of Acceleration Events Clause in Contracts

Acceleration Events. (a) Notwithstanding the provisions of Section 3.1 or Section 3.2, the Deferred Stock Units shall become fully vested upon the earlier to occur of: (i) the Grantee’s Separation from Service due to death or Disability; and (ii) the Grantee’s Separation from Service due to the Grantee reaching the end of his or her elected term and either (A) being ineligible to run for an additional term on the Board as a result of reaching age 75 or (B) having completed at least three (3) years of continuous service as a director.

Acceleration Events. (a) Notwithstanding the provisions of Section 3.1 or Section 3.23.1, the Deferred Stock Units shall become fully vested upon the earlier earliest to occur of: (i) the Grantee’s Separation from Service due to death or Disability; and (ii) a Change of Control; or (iii) the Grantee’s Separation from Service due to the Grantee reaching the end of his or her elected term and either (A) being ineligible to run for an additional term on the Board as a result of reaching age 75 seventy-five (75) or (B) having completed at least three (3) years of continuous service as a director.

Acceleration Events. (a) Notwithstanding the provisions of Section 3.1 or Section 3.23.1, the Deferred Stock Units shall become fully vested and subject to settlement upon the earlier earliest to occur of: (ia) the Grantee’s Separation from Service due to death or Disability; and (iib) a Change in Control; or (c) the Grantee’s Separation from Service due to the Grantee reaching the end of his or her elected term and either (Ai) being ineligible to run for an additional term on the Board as a result of reaching age 75 or (Bii) having completed at least three (3) [ ] years of continuous service as a director.

Acceleration Events. (a) Notwithstanding the provisions of Section 3.1 or Section 3.23.1, the Deferred Stock Units shall become fully vested upon the earlier earliest to occur of: (i) the Grantee’s 's Separation from Service due to death or Disability; and (ii) a Change of Control; or (iii) the Grantee’s 's Separation from Service due to the Grantee reaching the end of his or her elected term and either (A) being ineligible to run for an additional term on the Board as a result of reaching age 75 seventy-five (75) or (B) having completed at least three (3) years of continuous service as a director.

Acceleration Events. (a) Notwithstanding the provisions of Section 3.1 or Section 3.2, the Deferred Stock Units shall become fully vested upon the earlier earliest to occur of: (ia) the Grantee’s Separation from Service due to death or Disability; (b) a Change in Control; and (iic) the Grantee’s Separation from Service due to the Grantee reaching the end of his or her elected term and either (Ai) being ineligible to run for an additional term on the Board as a result of reaching age 75 or (Bii) having completed at least three (3) years of continuous service as a director.