Common use of Discretionary Vesting Clause in Contracts

Discretionary Vesting. If any or all of your Restricted Shares would be forfeited upon your voluntary Termination of Service, you may appeal the forfeiture pursuant to the procedures established by the Committee, and the Committee, in its sole discretion, may waive some or all of the restrictions imposed under Paragraph 2 with respect to such Restricted Shares and award to you unrestricted Shares to the extent permitted under the applicable guidelines adopted by the Committee.

Appears in 8 contracts

Samples: Restricted Stock Award Agreement (Invesco Ltd.), Restricted Stock Award Agreement (Invesco Ltd.), Restricted Stock Award Agreement (Invesco Ltd.)

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Discretionary Vesting. If any or all of your Restricted Shares would be forfeited upon your voluntary Termination of Service, you may appeal the forfeiture pursuant to the procedures established by the Committee, and the Committee, in its sole discretion, may waive some or all of the restrictions imposed under Paragraph 2 with respect to such Restricted Shares and award to you unrestricted Shares to the extent permitted under the applicable guidelines adopted by the Committee.

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (Invesco Ltd.), Restricted Stock Award Agreement (Invesco Ltd.), Restricted Stock Award Agreement (Invesco Ltd.)

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