Determination of Unvested Restricted Shares and Vested Restricted Shares. All Restricted Shares shall initially be Unvested Restricted Shares. Restricted Shares shall only become Vested Restricted Shares in accordance with the terms and conditions of Section 3(d)(i) (subject to the proviso set forth in the definition of “Unvested Restricted Shares” relating to a Termination Event resulting from termination by the Company or any of the Subsidiaries by whom the Purchaser is then employed for Cause or termination by the Purchaser of his employment by the Company (if the Purchaser is then employed by the Company) or any Subsidiaries by whom the Purchaser is then employed without Employee Good Reason (other than because of death, Disability or Retirement), unless termination from less than all of the Company and its Subsidiaries is otherwise agreed to or requested by the Company.
Appears in 8 contracts
Samples: Restricted Stock Agreement (Horizon Lines, Inc.), Restricted Stock Agreement (Horizon Lines, Inc.), Restricted Stock Agreement (Horizon Lines, Inc.)
