Acceleration Upon Death or Disability. If the Recipient ceases to be employed by or in the service of the Company as a result of death or physical disability (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended), all of the Restricted Shares shall immediately vest.
Appears in 4 contracts
Samples: Restricted Stock Agreement (Nike Inc), Restricted Stock Agreement (Nike Inc), Restricted Stock Agreement (Nike Inc)
Acceleration Upon Death or Disability. If the Recipient _____________________________________ ceases to be employed by or in the service of the Company or any parent or subsidiary corporation of the Company as a result of death or physical disability (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended), all of the Restricted Shares shall immediately vest.
Appears in 1 contract
Acceleration Upon Death or Disability. If the Recipient ceases to be employed by or in the service of the Company or any parent or subsidiary corporation of the Company as a result of the Recipient’s death or physical disability (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended)Disability, all of the Restricted Shares shall immediately vest.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Source Interlink Companies Inc)
