Common use of Affiliate Service Clause in Contracts

Affiliate Service. Solely for purposes of the vesting provisions of this Award, service with the Company will be deemed to include service with an Affiliate, but only during the period of such affiliation. Solely for purpose of determining whether a Participant is Retirement Eligible, full-time service with an entity acquired by the Company or an Affiliate will be deemed to constitute full-time service with the Company, provided the Participant was in active service with the acquired entity at the time of the transaction and has continued in service with the Company without interruption since that time.

Appears in 5 contracts

Samples: Restricted Share Rights Award Agreement (Brandywine Operating Partnership, L.P.), Restricted Share Rights Award Agreement (Brandywine Operating Partnership, L.P.), Restricted Share Rights Award Agreement (Brandywine Operating Partnership, L.P.)

AutoNDA by SimpleDocs

Affiliate Service. Solely for purposes of the vesting provisions of this Award, service with the Company will be deemed to include service with an Affiliate, but only during the period of such affiliation. Solely for purpose of determining whether a Participant is Retirement Eligible, full-time service with an entity acquired by the Company or an Affiliate will be deemed to constitute full-time service with the Company, provided the Participant was in active service with the acquired entity at the time of the transaction and has continued in service with the Company without interruption since that time.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Brandywine Operating Partnership, L.P.)

AutoNDA by SimpleDocs

Affiliate Service. Solely for purposes of the vesting provisions of this Award, service with the Company will be deemed to include service with an Affiliate, but only during the period of such affiliation. Solely for purpose of determining whether a the Participant is Retirement Eligible, full-time service with an entity acquired by the Company or an Affiliate will be deemed to constitute full-time service with the Company, provided the Participant was in active service with the acquired entity at the time of the transaction and has continued in service with the Company without interruption since that time.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Brandywine Operating Partnership, L.P.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!