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: Risk Compensation Plan (Vectren Utility Holdings Inc), Risk Compensation Plan (Vectren Corp), Risk Compensation Plan (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 Utility Holdings Inc), Restricted Stock Grant Agreement (Vectren Utility Holdings Inc), Vectren Corp
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: Risk Compensation Plan (Vectren Corp), Risk Compensation Plan (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: Award Agreement (Vectren Utility Holdings Inc), 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.
Appears in 1 contract
Samples: Vectren Corp
