Effect of Certain Terminations of Employment. If your employment terminates as a result of your death or Disability, in each case if such termination occurs on or 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 thereon shall lapse as of the date of such termination. If your employment is terminated by your employer for any reason other than for Cause, then the restrictions on the entire Award shall lapse on the later of (i) the first anniversary of the Date of Grant or (ii) the date of your termination of employment.
Appears in 4 contracts
Samples: Restricted Stock Award Agreement (Quorum Health Corp), Restricted Stock Award Agreement (Quorum Health Corp), Restricted Stock Award Agreement (Community Health Systems Inc)
Effect of Certain Terminations of Employment. If your employment terminates as a result of your death death, Disability, or Disabilityby your employer for any reason other than for Cause, in each case if such termination occurs on or 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 thereon on such Restricted Stock shall lapse lapse, as of the date of such termination. If your employment is terminated by your employer for any reason other than for Cause, then the restrictions on the entire Award shall lapse on the later of (i) the first anniversary of the Date of Grant or (ii) the date of your termination of employment.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Community Health Systems Inc)
Effect of Certain Terminations of Employment. If your employment terminates as a result of your death or Disability, in each case if such termination occurs on or 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 thereon shall lapse as of the date of such termination. If your employment is terminated by your employer for any reason other than for Cause, then the restrictions on the entire Award shall lapse on the later of (i) the first anniversary of the Date of Grant or (ii) the date of your termination of employment.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Quorum Health Corp)
Effect of Certain Terminations of Employment. If your employment terminates as a result of your death or Disability, in each case if such termination occurs on or after the Date of GrantGrant Date, all Shares of Restricted Stock which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions thereon shall lapse as of the date of such termination. If your employment is terminated by your employer for any reason other than for Cause, then the restrictions on the entire Award shall lapse on the later of (i) the first anniversary of the Grant Date of Grant or (ii) the date of your termination of employment.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Quorum Health Corp)
Effect of Certain Terminations of Employment. If your employment terminates as a result of your death or death, Disability, in each case if such termination occurs on or 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 thereon shall lapse as of the date of such termination. If your employment is terminated by your employer for any reason other than for Cause, then the restrictions and such termination occurs on the entire Award shall lapse on the later of (i) the first anniversary of or after the Date of Grant or (ii) and before June 30, 2008, all Shares of Performance Based Restricted Stock shall vest, and the restrictions on such Performance Based Restricted Stock shall lapse, as of the date of your termination of employmentsuch termination.
Appears in 1 contract
Samples: Performance Based Restricted Stock Award Agreement (Community Health Systems Inc)
Effect of Certain Terminations of Employment. If your employment terminates as a result of your death or Disability, in each case if such termination occurs on or after the Date of Grant, all the target number of Shares of Performance Based Restricted Stock (as set forth in Exhibit A) which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions thereon shall lapse as of the date of such termination. If your employment is terminated by your employer for any reason other than for Cause, then the restrictions on the entire Award shall lapse on the later of (i) the first anniversary of the Date of Grant or (ii) the date of your termination of employment.
Appears in 1 contract
Samples: Performance Based Restricted Stock Award Agreement (Quorum Health Corp)
Effect of Certain Terminations of Employment. If your employment terminates as a result of your death or Disability, in each case if such termination occurs on or 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 thereon on such Restricted Stock shall lapse lapse, as of the date of such termination. If your employment is terminated by your employer for any reason other than for Cause, then the restrictions on the entire Award shall lapse on the later of (i) the first anniversary date of the Date of Grant or (ii) and the date of your termination of employment.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Community Health Systems Inc)
Effect of Certain Terminations of Employment. If your employment terminates as a result of your death or death, Disability, in each case if such termination occurs on or 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 thereon shall lapse as of the date of such termination. If your employment is terminated by your employer for any reason other than for Cause, then the restrictions and such termination occurs on the entire Award shall lapse on the later of (i) the first anniversary of or after the Date of Grant or (ii) and before June 30, 2009, all Shares of Performance Based Restricted Stock shall vest, and the restrictions on such Performance Based Restricted Stock shall lapse, as of the date of your termination of employmentsuch termination.
Appears in 1 contract
Samples: Performance Based Restricted Stock Award Agreement (Community Health Systems Inc)