Effect of Certain Terminations of Employment. If the Grantee’s employment terminates as a result of the Grantee’s death, retirement or becoming disabled after the Date of Grant, all shares of Restricted Stock which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions on such Restricted Stock shall lapse, as of the date of such termination.
Appears in 13 contracts
Samples: Restricted Stock Award Agreement (Healthier Choices Management Corp.), Restricted Stock Award Agreement (Healthier Choices Management Corp.), Restricted Stock Award Agreement (Healthier Choices Management Corp.)
Effect of Certain Terminations of Employment. If the Grantee’s employment terminates as a result of the Grantee’s death, retirement Retirement or becoming disabled Disability, in each case if such termination occurs on or after the Date of Grant, all shares Shares of Restricted Stock which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions on such Restricted Stock shall lapse, as of the date of such termination.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Community Health Systems Inc)
Effect of Certain Terminations of Employment. If the Grantee’s 's employment terminates as a result of the Grantee’s 's death, retirement Retirement or becoming disabled Disability, in each case if such termination occurs on or after the Date of Grant, all shares Shares of Performance Based Restricted Stock which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions on such Performance Based Restricted Stock shall lapse, as of the date of such termination.
Appears in 1 contract
Samples: Performance Based Restricted Stock Award Agreement (Community Health Systems Inc)
