Limitations on Vesting. If the Participant's employment terminates for any reason prior to the Vesting Date, the Participant shall forfeit all unvested RSUs subject to the Award. Notwithstanding the foregoing, if the Participant is employed and in compliance with the covenants set forth in Section 7 on the applicable date described below:
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Premier Financial Corp), Restricted Stock Unit Award Agreement (First Defiance Financial Corp), Restricted Stock Unit Award Agreement (First Defiance Financial Corp)
Limitations on Vesting. If the Participant's ’s employment terminates for any reason prior to the Vesting Datetime of settlement as described in Section 8, the Participant shall forfeit all unvested of the RSUs subject to the Maximum Award. Notwithstanding the foregoing, if the Participant is employed and in compliance with the covenants set forth in Section 7 on the applicable date described below:
Appears in 2 contracts
Samples: Performance Based Restricted Stock Unit Award Agreement (First Defiance Financial Corp), Performance Based Restricted Stock Unit Award Agreement (First Defiance Financial Corp)
