Common use of Acceleration on Death or Disability Clause in Contracts

Acceleration on Death or Disability. If the Grantee ceases to be a director of the Company by reason of the Grantee’s death or physical disability, all outstanding but unvested Deferred Shares shall become immediately vested. The term “disability” means a medically determinable mental or physical impairment that, in the opinion of the Board, causes the Grantee to be unable to perform his or her duties as a director of the Company.

Acceleration on Death or Disability. If the Grantee ceases to be a director of the Company by reason of the Grantee’s death or physical disability, all outstanding but unvested Deferred Shares shall become immediately vested. The term “disability” means a medically determinable mental or physical impairment that, in the opinion of the Board, causes the Grantee to be unable to perform his or her [his] [her] duties as a director of the Company.

Acceleration on Death or Disability. If the Grantee ceases to be a director of the Company by reason of the Grantee’s 's death or physical disability, all outstanding but unvested Deferred Shares shall become immediately vested. The term “disability” means a medically determinable mental or physical impairment that, in the opinion of the Board, causes the Grantee to be unable to perform his or her Grantee’s duties as a director of the Company.

Acceleration on Death or Disability. If the Grantee ceases to be a director of the Company by reason of the Grantee’s death or physical disability, all outstanding but unvested Deferred Shares shall become immediately vested. The term “disability” means a medically determinable mental or physical impairment that, in the opinion of the Board, causes the Grantee to be unable to perform his or her Grantee’s duties as a director of the Company.

Acceleration on Death or Disability. If the Grantee ceases to be a director of the Company by reason of the Grantee’s 's death or physical disability, all outstanding but unvested Deferred Shares Restricted Stock Units shall become immediately vested. The term “disability” means a medically determinable mental or physical impairment that, in the opinion of the Board, causes the Grantee to be unable to perform his or her Grantee’s duties as a director of the Company.