Common use of Acceleration Upon Death or Disability Clause in Contracts

Acceleration Upon Death or Disability. All Unvested Restricted Shares shall become Vested Restricted Shares upon the Termination Date if your employment with the Company terminates because of your death or permanent physical disability (as determined by the Committee in its sole discretion).

Appears in 3 contracts

Samples: Restricted Stock Agreement (Allegiance Telecom Inc), Restricted Stock Agreement (Allegiance Telecom Inc), Restricted Stock Agreement (Allegiance Telecom Inc)

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Acceleration Upon Death or Disability. All Unvested Restricted Shares shall become Vested Restricted Shares upon the Termination Date if your [employment with the Company Company] [membership on the Board] terminates because of your death or permanent physical disability (as determined by the Committee in its sole discretion).

Appears in 1 contract

Samples: Restricted Stock Agreement (Allegiance Telecom Inc)

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Acceleration Upon Death or Disability. All Unvested Restricted Shares shall become Vested Restricted Shares upon the Termination Date if your employment with membership on the Company Board terminates because of your death or permanent physical disability (as determined by the Committee in its sole discretion).

Appears in 1 contract

Samples: Restricted Stock Agreement (Allegiance Telecom Inc)

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