Effect of Death or Disability. If Recipient’s employment by the Company terminates because of death or physical disability (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986 (the “Code”)), all outstanding RSUs shall immediately vest.
Appears in 7 contracts
Samples: Special Retention Restricted Stock Unit Award Agreement (Northwest Natural Gas Co), Special Retention Restricted Stock Unit Award Agreement (Northwest Natural Gas Co), Special Retention Restricted Stock Unit Award Agreement (Northwest Natural Gas Co)
Effect of Death or Disability. If Recipient’s employment by service as a director of the Company terminates because of death or physical disability (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986 (the “Code”)), all outstanding of the RSUs shall immediately vest.
Appears in 3 contracts
Samples: Director Restricted Stock Unit Award Agreement (Northwest Natural Gas Co), Director Restricted Stock Unit Award Agreement (Northwest Natural Gas Co), Director Restricted Stock Unit Award Agreement (Northwest Natural Gas Co)
