Common use of No Accelerated Vesting Clause in Contracts

No Accelerated Vesting. Notwithstanding Section 7(b)(2) of the Plan, the Restricted Stock Units shall not vest or become non-forfeitable upon the occurrence of an Acceleration Event unless the Committee, in its absolute discretion, determines otherwise after the Grant Date.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Virgin Media Investments LTD), Restricted Stock Unit Agreement (Virgin Media Investments LTD), Restricted Stock Unit Agreement (Virgin Media Investments LTD)

AutoNDA by SimpleDocs

No Accelerated Vesting. Notwithstanding Section 7(b)(2) of the Plan, the Restricted Stock Units shall not vest or become non-forfeitable upon the occurrence of an Acceleration Event unless the Committee, in its absolute discretion, determines otherwise after the Grant DateEvent.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (NTL Inc), Restricted Stock Unit Agreement (Virgin Media Inc.), Restricted Stock Unit Agreement (Virgin Media Inc.)

AutoNDA by SimpleDocs

No Accelerated Vesting. Notwithstanding Section 7(b)(2) of the Plan, the Restricted Stock Units shall not vest or become non-forfeitable upon the occurrence of an Acceleration Event unless the Committee, in its absolute discretion, determines otherwise after the Grant Date. In the event of a Transaction, each Restricted Stock Unit shall be treated as provided for in the agreement entered into in connection with the Transaction.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Virgin Media Investments LTD)

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