Common use of Accelerated Vesting Upon Change in Control, Retirement, Death, Disability Clause in Contracts

Accelerated Vesting Upon Change in Control, Retirement, Death, Disability. Notwithstanding anything to the contrary in this Agreement, the Restricted Stock Units awarded to the Participant hereunder shall no longer be subject to a substantial risk of forfeiture and shall immediately vest in the Participant upon the occurrence of the following:

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Preformed Line Products Co), Restricted Stock Unit Award Agreement (Preformed Line Products Co), Restricted Stock Unit Award Agreement (Preformed Line Products Co)

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Accelerated Vesting Upon Change in Control, Retirement, Death, Disability. Notwithstanding anything to the contrary in this Agreement, the Restricted Stock Units awarded to the Participant hereunder shall no longer be subject to a substantial risk of forfeiture and shall immediately vest in the Participant and unlegended certificates representing the Restricted Stock shall be delivered to the Participant or the Participant’s estate, as the case may be, upon the occurrence of the following:

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Preformed Line Products Co)

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