Common use of Accelerated Vesting and Payment Clause in Contracts

Accelerated Vesting and Payment. Notwithstanding the provisions of Sections 2(a) and 2(b) above, the vesting for some or all of the Employee’s Stock Units shall be accelerated as follows:

Appears in 10 contracts

Samples: Form of Stock Unit Award Agreement (Dynegy Inc.), Form of Stock Unit Award Agreement (Dynegy Inc.), Form of Stock Unit Award Agreement (Dynegy Inc.)

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Accelerated Vesting and Payment. Notwithstanding the provisions of Sections 2(a) and 2(b) above, the vesting and payment for some or all of the Employee’s Phantom Stock Units shall be accelerated as follows:

Appears in 6 contracts

Samples: Stock Unit Award Agreement (Dynegy Inc.), Stock Unit Award Agreement (Dynegy Inc.), Stock Unit Award Agreement (Dynegy Inc.)

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Accelerated Vesting and Payment. Notwithstanding the provisions of Sections 2(a) and 2(b) above, the vesting for some or all of the EmployeeDirector’s Stock Units shall be accelerated as follows:

Appears in 1 contract

Samples: Form of Stock Unit Award Agreement (Dynegy Inc.)

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