Accelerated Vesting on Termination of Employment. If the Grantee shall cease to be employed by the Company and all Subsidiaries by reason of a Qualified Termination, a pro rata portion of the Restricted Shares shall vest and the Restriction Period thereon shall lapse on a pro rata basis as follows:
Appears in 5 contracts
Samples: Restricted Share Agreement (Knoll Inc), Restricted Share Agreement (Knoll Inc), Restricted Share Agreement (Knoll Inc)
Accelerated Vesting on Termination of Employment. If the Grantee shall cease to be employed by the Company and all Subsidiaries by reason of a Qualified Termination, a pro rata portion of the Restricted Shares shall immediately vest and the Restriction Period thereon shall lapse on a pro rata basis as follows:
Appears in 3 contracts
Samples: Restricted Share Agreement (Knoll Inc), Restricted Share Agreement (Knoll Inc), Restricted Share Agreement (Knoll Inc)