Change in Control; Death or Disability. Notwithstanding the provisions in Section 2(b)(i), the Forfeiture Restrictions shall lapse as to all of the Restricted Shares on the earlier of (x) the occurrence of a Change-in-Control, as defined below (with such Forfeiture Restrictions lapsing immediately prior to the consummation of the Change-in-Control, provided that the consummation subsequently occurs), or (y) the date Employee’s employment with the Company is terminated by reason of death or Disability (as defined below).
Appears in 3 contracts
Samples: Time Based Restricted Stock Agreement (Christopher & Banks Corp), Time Based Restricted Stock Agreement (Christopher & Banks Corp), Time Based Restricted Stock Agreement (Christopher & Banks Corp)
Change in Control; Death or Disability. Notwithstanding the provisions in Section 2(b)(i), the Forfeiture Restrictions shall lapse as to all of the Restricted Shares Stock Units on the earlier of (x) the occurrence of a Change-in-ControlChange‑in‑Control, as defined below (with such Forfeiture Restrictions lapsing immediately prior to the consummation of the Change-in-ControlChange‑in‑Control, provided that the consummation subsequently occurs), or (y) the date Employee’s employment with the Company is terminated by reason of death Death or Disability (as defined below).
Appears in 1 contract
Samples: Time Based Restricted Stock Unit Agreement (Christopher & Banks Corp)
