Common use of Accelerated Vesting of Time-Based Awards Clause in Contracts

Accelerated Vesting of Time-Based Awards. All of the Time-Based Awards granted to Executive prior to the Retirement Date that are scheduled to vest after the Retirement (a) shall supersede the vesting provisions of the award agreements evidencing Executive’s Time-Based Awards granted prior to the Retirement Date.

Appears in 1 contract

Samples: Retirement Agreement (Lexington Realty Trust)

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Accelerated Vesting of Time-Based Awards. All of the 55,184 Time-Based Awards granted to Executive prior to the Retirement Date that are scheduled to shall vest after the Retirement (a) shall supersede the vesting provisions as of the award agreements evidencing Executive’s Time-Based Awards granted date immediately prior to the Retirement Date.

Appears in 1 contract

Samples: Retirement and Transition Agreement (National Retail Properties, Inc.)

Accelerated Vesting of Time-Based Awards. All of the 25,063 Time-Based Awards granted to Executive prior to the Retirement Date that are scheduled to shall vest after the Retirement (a) shall supersede the vesting provisions as of the award agreements evidencing Executive’s Time-Based Awards granted date immediately prior to the Retirement Date.

Appears in 1 contract

Samples: Retirement and Transition Agreement (National Retail Properties, Inc.)

Accelerated Vesting of Time-Based Awards. All of the Time-Based Awards granted to Executive prior to the Retirement Date that are scheduled shall vest as of immediately prior to vest after the Retirement (a) Retirement Date. This Section 6.1 shall supersede the vesting provisions of Section 3(c) of the award agreements evidencing Executive’s Time-Based Awards granted prior to the Retirement Date.

Appears in 1 contract

Samples: Retirement and Transition Agreement (National Retail Properties, Inc.)

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Accelerated Vesting of Time-Based Awards. All of the Time-Based Awards granted to Executive prior to the Retirement Date that are scheduled to vest after the RetirementRetirement Date shall vest on the day immediately prior to the Retirement Date. This Section 2 (a) shall supersede the vesting provisions of the award agreements evidencing Executive’s Time-Based Awards granted prior to the Retirement Date.

Appears in 1 contract

Samples: Retirement Agreement (Lexington Realty Trust)

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