Common use of Other Equity Awards Clause in Contracts

Other Equity Awards. In the event of (A) the termination of Employee’s employment with Employer due to Employee’s death, (B) the termination of Employee’s employment with Employer due to Disability, or (C) the termination of Employee’s employment by Employer without Cause, then, except as otherwise provided in Section 1.5(d)(i) with respect to the Initial Equity Award, Employee shall on the date of such termination of employment immediately receive an additional twelve (12) months’ vesting credit with respect to the stock options, stock appreciation rights, restricted stock and other equity or equity-based compensation of Employer granted to Employee in the course of her employment with Employer (such other awards together with the Initial Equity Award, collectively “Equity Awards”).

Appears in 3 contracts

Samples: Employment Agreement (First Solar, Inc.), Employment Agreement (First Solar, Inc.), Employment Agreement (First Solar, Inc.)

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Other Equity Awards. In the event of (A) the termination of Employee’s employment with Employer due to Employee’s death, (B) the termination of Employee’s employment with Employer due to Disability, or (C) the termination of Employee’s employment by Employer without Cause, then, except as otherwise provided in Section 1.5(d)(i) with respect to the Initial Equity Award, Employee shall on the date of such termination of employment immediately receive an additional twelve (12) months’ vesting credit with respect to the stock options, stock appreciation rights, restricted stock and other equity or equity-based compensation of Employer granted to Employee in the course of her his employment with Employer (such other awards together with the Initial Equity Award, collectively “Equity Awards”).

Appears in 2 contracts

Samples: Employment Agreement (First Solar, Inc.), Employment Agreement (First Solar, Inc.)

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