Common use of Acceleration Event Clause in Contracts

Acceleration Event. Upon an Acceleration Event (as defined below), subject to the Participant (or the Participant’s estate, if applicable) executing and not revoking a separation and release agreement with the Company (or its designated affiliate) in the standard form then in effect within 30 days following such Acceleration Event:

Appears in 1 contract

Samples: Restricted Unit Agreement (Ares Management Corp)

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Acceleration Event. Upon an Acceleration Event (as defined below), subject to the Participant (or the Participant’s estate, if applicable) executing and not revoking a separation and release agreement with the Company Partnership (or its designated affiliate) in the standard form then in effect (a “Release”) within 30 days following such Acceleration Event:

Appears in 1 contract

Samples: Restricted Unit Agreement (Ares Management Lp)

Acceleration Event. Upon an Acceleration Event (as defined below), subject to the Participant (or the Participant’s estate, if applicable) executing and not revoking a separation and release agreement with the Company (or its designated affiliate) in the standard form then in effect (a “Release”) within 30 days following such Acceleration Event:, [50]% of the Restricted Units that are outstanding and unvested as of such Acceleration Event shall vest immediately upon such Acceleration Event.

Appears in 1 contract

Samples: Restricted Unit Agreement (Ares Management Corp)

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Acceleration Event. Upon an Acceleration Event (as defined below), subject to the Participant (or the Participant’s estate, if applicable) executing and not revoking a separation and release agreement with the Company (or its designated affiliate) in the standard form then in effect (a “Release”) within 30 days following such Acceleration Event:Event(1):

Appears in 1 contract

Samples: Restricted Unit Agreement (Ares Management Corp)

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