Common use of Death of the Participant Clause in Contracts

Death of the Participant. If the Participant dies while an Employee, Non-Employee Director, consultant or advisor of the Company or an Affiliate, the vesting of all unvested Shares subject to this Stock Grant shall be accelerated and shall vest on the date of death of the Participant.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Vertex Pharmaceuticals Inc / Ma), Restricted Stock Award Agreement (Vertex Pharmaceuticals Inc / Ma), Restricted Stock Award Agreement (Vertex Pharmaceuticals Inc / Ma)

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Death of the Participant. If the Participant dies while an Employee, Non-Employee Director, consultant or advisor of the Company or an Affiliate, the vesting of all unvested Shares subject to this Restricted Stock Grant Unit Award shall be accelerated and shall vest on the date of death of the Participant.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Vertex Pharmaceuticals Inc / Ma), Restricted Stock Unit Award Agreement (Vertex Pharmaceuticals Inc / Ma), Restricted Stock Unit Award Agreement (Vertex Pharmaceuticals Inc / Ma)

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