Continued Service As A Director. If the Grantee (a) whose employment is terminated with a Participating Company for any reason and (b) who is a director of Company immediately prior to the Grantee’s termination of employment continues to serve Company as a director following the Grantee’s termination of employment, the Committee shall have the complete and sole discretion to deem the Grantee’s employment with the Participating Company as continuing for purposes of this grant of Stock Unit Awards for all or a portion of the period in which the Grantee continuously serves as a member of the Board.
Appears in 5 contracts
Samples: Stock Unit Award Agreement (Vectren Utility Holdings Inc), Stock Unit Award Agreement (Vectren Corp), Stock Unit Award Agreement (Vectren Utility Holdings Inc)
Continued Service As A Director. If the Grantee (a) whose employment is terminated with a Participating Company for any reason and (b) who is a director of Company immediately prior to the Grantee’s termination of employment continues to serve Company as a director following the Grantee’s termination of employment, the Committee shall have the complete and sole discretion to deem the Grantee’s employment with the Participating Company as continuing for purposes of this grant Grant of Restricted Stock Unit Awards for all or a portion of the period in which the Grantee continuously serves as a member of the Board.
Appears in 3 contracts
Samples: Restricted Stock Grant Agreement (Vectren Corp), Restricted Stock Grant Agreement (Vectren Utility Holdings Inc), Restricted Stock Grant Agreement (Vectren Utility Holdings Inc)
Continued Service As A Director. If the Grantee (a) whose employment is terminated with a Participating Company for any reason and (b) who is a director of Company Company’s Board immediately prior to the Grantee’s termination of employment continues to serve Company as a director following the Grantee’s termination of employment, the Committee shall have the complete and sole discretion to deem the Grantee’s employment with the Participating Company as continuing for purposes of this grant Grant of Stock Unit Awards for all or a portion of the period in which the Grantee continuously serves as a member of the Board.
Appears in 2 contracts
Samples: Stock Unit Award Agreement (Vectren Utility Holdings Inc), Stock Unit Award Agreement (Vectren Utility Holdings Inc)
Continued Service As A Director. If the Grantee (a) whose employment is terminated with a Participating Company for any reason and (b) who is a director of Company immediately prior to the Grantee’s 's termination of employment continues to serve Company as a director following the Grantee’s 's termination of employment, the Committee shall have the complete and sole discretion to deem the Grantee’s 's employment with the Participating Company as continuing for purposes of this grant of Stock Unit Awards for all or a portion of the period in which the Grantee continuously serves as a member of the Board.
Appears in 2 contracts
Samples: Stock Unit Award Agreement (Vectren Corp), Stock Unit Award Agreement (Vectren Utility Holdings Inc)
Continued Service As A Director. If the Grantee (a) whose employment is terminated with a Participating Company for any reason and (b) who is a director of Company immediately prior to the Grantee’s 's termination of employment continues to serve Company as a director following the Grantee’s 's termination of employment, the Committee shall have the complete and sole discretion to deem the Grantee’s 's employment with the Participating Company as continuing for purposes of this grant Grant of Restricted Stock Unit Awards for all or a portion of the period in which the Grantee continuously serves as a member of the Board.
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