Common use of Accelerated Vesting upon Retirement Clause in Contracts

Accelerated Vesting upon Retirement. In the event the Participant ceases to be employed by the Company or any of its Subsidiaries prior to the Vesting Date by reason of such individual's retirement in accordance with the retirement policy of the Company (“Retirement”), all RSUs granted pursuant to this Agreement shall Vest upon such Retirement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Om Group Inc), Restricted Stock Unit Agreement (Om Group Inc)

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Accelerated Vesting upon Retirement. In the event If the Participant ceases to be employed by the Company or any of its Subsidiaries Subsidiary prior to the Vesting Date by reason of such individual's due to the Participant’s retirement in accordance with the any retirement plan or policy of the Company or any Subsidiary (“Retirement”), to the extent that the RSUs have not previously been forfeited, all RSUs granted pursuant to evidenced by this Agreement shall Vest in full upon such RetirementRetirement (and become entitled to settlement as specified in Section 4 of this Agreement).

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (Om Group Inc), Restricted Stock Units Agreement (Om Group Inc)

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