Change in Control; Death or Disability. (i) In the event of either (A) a Change in Control (as defined below) that results in none of the common stock of the Company or any direct or indirect parent entity being publicly traded or (B) a termination of Awardee’s employment by the Company or an affiliate of the Company without Cause, or by Awardee for Good Reason, within 12 months after any Change in Control, then all Units that have not previously become vested or been forfeited shall become immediately vested and nonforfeitable upon the occurrence of such event.
Appears in 10 contracts
Samples: Restricted Stock Unit Agreement (United Rentals North America Inc), Restricted Stock Unit Agreement (United Rentals North America Inc), Restricted Stock Unit Agreement (United Rentals North America Inc)
Change in Control; Death or Disability. (i) In the event of either (A) a Change in Control (as defined below) that results in none of the common stock of the Company or any direct or indirect parent entity being publicly traded or (B) a termination of Awardee’s employment by the Company or an affiliate of the Company without Cause, or by Awardee for Good Reason, within 12 months after any Change in Control, then all Units Units, that have not previously become vested or been forfeited shall become immediately vested be deemed earned at the target level with respect to each remaining open Performance Period and nonforfeitable upon the occurrence of such event.
Appears in 6 contracts
Samples: Restricted Stock Unit Agreement (United Rentals North America Inc), Restricted Stock Unit Agreement (United Rentals North America Inc), Restricted Stock Unit Agreement (United Rentals North America Inc)
Change in Control; Death or Disability. (i) In the event of either (A) a Change in Control (as defined below) that results in none of the common stock of the Company or any direct or indirect parent entity being publicly traded or (B) a termination of Awardee’s employment by the Company or an affiliate of the Company without Cause, or by Awardee for Good Reason, within 12 months after any Change in Control, then all Units that have not previously become vested or been forfeited shall become immediately vested and nonforfeitable upon the occurrence of such event.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement, Restricted Stock Unit Agreement (United Rentals Inc /De)
Change in Control; Death or Disability. (ia) In the event of either (Ai) a Change in Control (as defined below) that results in none of the common stock of the Company or any direct or indirect parent entity being publicly traded or (Bii) a termination of Awardee’s employment by the Company or an affiliate of the Company without Cause, or by Awardee for Good Reason, within 12 months after any Change in Control, then all Units Units, that have not previously become vested or been forfeited shall become immediately vested be deemed earned at the target level with respect to each remaining open Performance Period and nonforfeitable upon the occurrence of such event.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (United Rentals North America Inc)
Change in Control; Death or Disability. (ia) In the event of either (Ai) a Change in Control (as defined below) that results in none of the common stock of the Company or any direct or indirect parent entity being publicly traded or (Bii) a termination of Awardee’s employment by the Company or an affiliate of the Company without Cause, or by Awardee for Good Reason, within 12 months after any Change in Control, then all Units that have not previously become vested or been forfeited shall become immediately vested and nonforfeitable upon the occurrence of such event.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (United Rentals North America Inc)
Change in Control; Death or Disability. (i) In the event of either (A1) a Change in Control (as defined below) that results in none of the common stock of the Company or any direct or indirect parent entity being publicly traded or (B2) a termination of Awardee’s employment by the Company or an affiliate of the Company without Cause, or by Awardee for Good Reason, within 12 months after any Change in Control, then all Units that have not previously become vested or been forfeited shall become immediately vested be deemed earned at the target level with respect to each remaining open Performance Period and nonforfeitable upon the occurrence of such event.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (United Rentals Inc /De)