Vesting Acceleration Event has the meaning specified in Section 3.1 hereof.
Vesting Acceleration Event means during the period in which any share of Restricted Stock is not Vested:
Vesting Acceleration Event means one of the following events, where there is no Cause for Trustmark to terminate your employment:
Examples of Vesting Acceleration Event in a sentence
Any balance of the Pro-Rata Portion that does not vest upon the Vesting Acceleration Event shall be forfeited as of the date of such event.
The Pro-Rata Portion is calculated by multiplying the number of Performance Units by a fraction, the numerator of which is the number of complete calendar months from the beginning of the Performance Period to and including the date of the Vesting Acceleration Event (such numerator not to exceed <<#>>), and the denominator of which is <<#>>.
If a Vesting Acceleration Event (as defined below) occurs after a Qualifying Termination and before the end of the Performance Period, the Pro-Rata Portion will immediately vest.
The Performance Period is shortened as of the end of the calendar quarter ending on or before the Vesting Acceleration Event to the extent that the Exhibit 00.xx Performance Goals are achieved as set forth in EXHIBIT A.
The Pro-Rata Portion of your award will vest as of the Vesting Acceleration Event.
More Definitions of Vesting Acceleration Event
Vesting Acceleration Event means the occurrence of any of the following events while Optionee is employed with the Company: (i) a sale of all or substantially all of the assets of the Company, or (ii) a merger or consolidation of the Company into or with another entity that results in the Company’s stockholders immediately prior to such transaction owning less than fifty percent (50%) of the voting power of the surviving entity (or its parent) immediately after such transaction, or (iii) a sale of outstanding securities of the Company by stockholders of the Company (excluding any sale in connection with any public offering) that results in the Company’s stockholders immediately prior to such transaction owning less than fifty percent (50%) of the Company’s voting power immediately after such transaction.
Vesting Acceleration Event means the Associate’s death, the Associate’s retirement, with the consent of the Committee or its delegate, at or after age sixty-five (65) where there is no Cause (as defined herein) for the Company to terminate the Associate’s employment, the termination of the Associate’s employment with the Company and its Subsidiaries by the Company other than for Cause (as defined herein), the occurrence of a Change in Control (as defined in the Plan) which with respect to the Associate is a change in the ownership or effective control of the Company or in the ownership of a substantial portion of its assets (as defined in Section 409A of the Internal Revenue Code), or
Vesting Acceleration Event means (A) the Participant’s death, (B) the Participant’s retirement from the Board of Directors of the Company and its Subsidiaries, with the consent of the Committee or its delegate, at or after age sixty-five (65) where there is no Cause for the Company to terminate the Participant’s service, (C) the Participant’s cessation of service as a member of the Board of Directors of the Company and its Subsidiaries, with the consent of the Committee or its delegate, at the end of the term for which last elected and where there is no Cause for the Company to terminate the Participant’s service, (D) the termination of the Participant’s service as a member of the Board of Directors of the Company and its Subsidiaries by the Company or a Subsidiary (or their respective shareholders) other than for Cause, (E) the occurrence of a Change in Control which with respect to the Participant is a change in the ownership or effective control of the Company or in the ownership of a substantial portion of its assets (as defined in Section 409A of the Internal Revenue Code), or (F) the Participant’s termination of service as a member of the Board of Directors of the Company and its Subsidiaries due to becoming disabled (as defined for purposes of Section 22(e)(3) of the Internal Revenue Code).
Vesting Acceleration Event means, while Employee remains employed with the Company or a Subsidiary and prior to forfeiture of the Award Shares: (i) the occurrence of a Change in Control (as defined in the Plan), (ii) Employee’s becoming disabled (as defined for purposes of Section 22(e)(3) of the Internal Revenue Code, as amended), (iii) Employee’s death, (iv) the termination of Employee’s employment by the Company or a Subsidiary without Cause (as defined in the Plan) after five years of employment, or (v) with the consent of the Board, Employee’s retirement after five years of employment on or after reaching age 65.
Vesting Acceleration Event means the Associate’s death, the Associate’s retirement at or after age sixty-five (65) where there is no Cause (as defined herein) for the Company to terminate the Associate’s employment, the termination of the Associate’s employment with the Company or its Subsidiaries by the Company other than for Cause (as defined herein), the occurrence of a Change in Control (as defined in the Plan), or
Vesting Acceleration Event means the Participant’s death, the Participant’s retirement, with the consent of the Committee or its delegate, at or after age sixty-five (65) where there is no Cause for the Company to terminate the Participant’s employment, the termination of the Participant’s employment with the Company and its Subsidiaries by the Company other than for Cause, the occurrence of a Change in Control which with respect to the Participant is a change in the ownership or effective control of the Company or in the ownership of a substantial portion of its assets (as defined in Section 409A of the Internal Revenue Code), or
Vesting Acceleration Event means the occurrence of a Change in Control (as defined in the Plan), the Employee’s termination of employment due to becoming “disabled” (as defined in the Employment Agreement or, if none, for purposes of Section 22(e)(3) of the Internal Revenue Code), the Employee’s death, the Employee’s retirement, with the consent of the Committee or its delegate, at or after age sixty-five (65) where there is no Cause (as defined herein) for the Company to terminate theEmployee’s employment, the termination of the Employee’s employment with the Company and any Related Entity by the Company other than for Cause (as defined herein), the termination of the Employee’s employment with the Company and any Related Entity by the Employee for “good reason” (as defined in the Employment Agreement) but only if the Employee has an Employment Agreement that is in effect at the time of termination and the Employment Agreement defines the term “good reason”.