Continuance of Service. Except as otherwise provided herein or in the Plan, the vesting schedule applicable to this grant of Restricted Shares requires continued service through the vesting date as a condition to the vesting of the Restricted Shares. Service for only a portion of the vesting period, even if substantial, will not entitle the Director to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of service as a Board member.
Appears in 1 contract
Continuance of Service. Except as otherwise provided herein or in the Plan, the The vesting schedule applicable to this grant of Restricted Shares requires continued service through the applicable vesting date as a condition to the vesting of the Restricted Sharesapplicable installment of the Award and the rights and benefits under this Agreement. Service for only a portion of the vesting period, even if substantiala substantial portion, will not entitle the Director to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of service services as a Board memberprovided in Section 8 below or under the Plan.
Appears in 1 contract
Samples: Restricted Share Unit Award Agreement (Norwegian Cruise Line Holdings Ltd.)
Continuance of Service. Except as otherwise provided herein or in the Plan, the vesting schedule applicable to this grant of Restricted Shares option requires continued service through the each applicable vesting date as a condition to the vesting of the Restricted Sharesapplicable installment of this option and the rights and benefits under the Plan. Service for only a portion of the a vesting period, even if substantial, will not entitle the Director to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of service as a Board member.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Quicksilver Resources Inc)
Continuance of Service. Except as otherwise provided herein or in the Plan, the The vesting schedule applicable to this grant of Restricted Shares requires continued service through the each applicable vesting date as a condition to the vesting of the Restricted Sharesapplicable installment of the Award and the rights and benefits under this Agreement. Service for only a portion of the vesting period, even if substantiala substantial portion, will not entitle the Director to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of services as provided in Section 8 below or under the Plan. Nothing contained in this Agreement or the Plan constitutes a continued service as a Board membercommitment by the Corporation or interferes with the right of the Corporation to increase or decrease the compensation of the Director from the rate in existence at any time.
Appears in 1 contract
Continuance of Service. Except as otherwise provided herein or in the Plan, the The vesting schedule applicable to this grant of Restricted Shares requires continued service through the vesting date as a condition to the vesting of the Restricted SharesAward and the rights and benefits under this Agreement. Service for only a portion of the vesting period, even if substantiala substantial portion, will not entitle the Director to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of services as provided in Section 8 below or under the Plan. Nothing contained in this Agreement or the Plan constitutes a continued service as a Board membercommitment by the Corporation or interferes with the right of the Corporation to increase or decrease the compensation of the Director from the rate in existence at any time.
Appears in 1 contract
Continuance of Service. Except as otherwise provided herein or in the Plan, the The vesting schedule applicable to this grant of Restricted Shares requires continued service through the vesting date as a condition to the vesting of the Restricted SharesAward and the rights and benefits under this Agreement. Service for only a portion of the vesting period, even if substantiala substantial portion, will not entitle the Director to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of services as provided in Section 8 or under the Plan. Nothing contained in this Agreement or the Plan constitutes a continued service as a Board membercommitment by the Company or interferes with the right of the Company to increase or decrease the compensation of the Director from the rate in existence at any time.
Appears in 1 contract
Samples: Non Employee Director Restricted Stock Unit Award Agreement (Healthpeak Properties, Inc.)