Common use of Early Vesting Clause in Contracts

Early Vesting. Notwithstanding the vesting provision contained in Section 3(b) above, but subject to the other terms and conditions set forth herein, upon the occurrence of Participant’s death, Participant or Participant’s legal representatives, beneficiaries or heirs, as the case may be, shall become immediately vested in all of the Restricted Stock Units, and the restrictions with respect to the Restricted Stock Units shall lapse, as of the date of such death. Issuance of the shares shall occur as soon as administratively feasible after the Participant’s death but in no event more than ninety (90) days after death.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Fuller H B Co), Restricted Stock Unit Agreement (Fuller H B Co), Restricted Stock Unit Agreement (Fuller H B Co)

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