Acceleration of Vesting of Shares. in the Event of Divestiture of Business Segment If the “Business Segment” (as that term is defined in this Section) in which Participant is primarily employed as of the “Divestiture Date” (as that term is defined in this Section) is the subject of a “Divestiture of a Business Segment” (as that term is defined in this Section) during the Performance and Vesting Periods, and such divestiture results in the termination of Participant’s employment with the Company and its Affiliates for any reason during the Performance Period, the number of vested PSUs subject to the Award shall be equal to the product of:
Appears in 4 contracts
Samples: Performance Share Unit Award Agreement (Federal Signal Corp /De/), Performance Share Unit Award Agreement (Federal Signal Corp /De/), Performance Share Unit Award Agreement (Federal Signal Corp /De/)