Acceleration of Vesting Date. (a) Notwithstanding the provisions of Paragraph 2 above relating to the vesting period, all of the Restricted Units shall be fully vested upon (i) a Change of Control; provided that Employee has remained continually employed by the Company or any of its Affiliates commencing on the Effective Date through the effective date of the Change of Control, or (ii) the involuntary termination of Employee’s employment by the Company for reason other than Cause.
Appears in 4 contracts
Samples: Restricted Unit Award Agreement (Armstrong Energy, Inc.), Restricted Unit Award Agreement (Armstrong Energy, Inc.), Restricted Unit Award Agreement (Armstrong Energy, Inc.)