Death or Disability of Employee. In the event that the Employee incurs a Termination of Service due to his or her death or Disability during a Performance Period, the Employee shall immediately vest [INSERT DESCRIPTION OF VESTING CONDITIONS]. In the event that any applicable law limits the Company’s ability to accelerate the vesting of this award of Performance Shares, this paragraph 4(b) shall be limited to the extent required to comply with applicable law.
Appears in 11 contracts
Samples: Performance Share Agreement (Polycom Inc), Performance Share Agreement (Polycom Inc), Performance Share Agreement (Polycom Inc)
Death or Disability of Employee. In the event that the Employee incurs a Termination of Service due to his or her death or Disability during a Performance Period, the Employee shall immediately vest [INSERT DESCRIPTION OF VESTING CONDITIONS]. In the event that any applicable law limits the Company’s ability to accelerate the vesting of this award of Performance Shares, this paragraph 4(b) shall be limited to the extent required to comply with applicable law.
Appears in 2 contracts
Samples: Officer Performance Share Agreement (Polycom Inc), Officer Performance Share Agreement (Polycom Inc)
Death or Disability of Employee. In the event that the Employee incurs a Termination of Service due to his or her death or Disability during a Performance PeriodDisability, the Employee shall immediately vest [INSERT DESCRIPTION OF VESTING CONDITIONS]. In the event that any applicable law Applicable Law limits the Company’s ability to accelerate the vesting of this award Award of Performance SharesRestricted Stock Units, this paragraph 4(b) shall be limited to the extent required to comply with applicable lawApplicable Law.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Polycom Inc), Restricted Stock Unit Agreement (Polycom Inc)
Death or Disability of Employee. In the event that the Employee incurs a Termination of Service due to his or her death or Disability during a Performance Period, the Employee shall immediately vest [INSERT DESCRIPTION OF VESTING CONDITIONS]. In the event that any applicable law Applicable Law limits the Company’s ability to accelerate the vesting of this award Award of Performance Shares, this paragraph 4(b) shall be limited to the extent required to comply with applicable lawApplicable Law.
Appears in 2 contracts
Samples: Performance Share Agreement (Polycom Inc), Performance Share Agreement (Polycom Inc)
Death or Disability of Employee. In the event that the Employee incurs a Termination of Service due to his or her death or Disability during a Performance Period, the Employee shall immediately vest [INSERT DESCRIPTION OF VESTING CONDITIONS]. ] In the event that any applicable law limits the Company’s ability to accelerate the vesting of this award of Performance Shares, this paragraph 4(b) shall be limited to the extent required to comply with applicable law.
Appears in 1 contract
