Common use of Early Vesting Clause in Contracts

Early Vesting. Notwithstanding Section 2.1 above, but subject to Section 2.3, all RSUs covered by the Award shall immediately vest upon the occurrence of a Change in Control (the definition of which is set forth on Schedule A attached hereto), or upon the Grantee’s death or Disability. For purposes of this Agreement, “Disability” shall have the same meaning as such term is defined under Section 409A of the Code.

Appears in 5 contracts

Samples: Restricted Share Unit Agreement, Restricted Share Unit Agreement (HCA Holdings, Inc.), Restricted Share Unit Agreement (HCA Holdings, Inc.)

AutoNDA by SimpleDocs

Early Vesting. Notwithstanding Section 2.1 above, but subject to Section 2.3, all RSUs covered by the Award shall immediately vest upon the occurrence of a Change in Control (the definition of which is set forth on Schedule A attached hereto), or upon the Grantee’s death or Disability. For purposes of this Agreement, “Disability” shall have the same meaning as such term is defined under Section 409A of the Code.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Hca Inc/Tn)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!